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House Approves Budget Plan

Dec 17, 2010

Posted by Kristin Oberlander - The House approved a $1.093 trillion temporary extension (continuing resolution) of the fiscal year 2011 budget. Fiscal year 2011 began in October and Congress has be struggling to agree to a permanent budget for most of 2010. This continuing resolution (CR) would freeze the pay of federal workers and limit spending to fiscal year 2010 levels.

The proposal was approved 212-206 and now heads to the Senate for further debate. The Senate is expected to replace the bill with an enormous spending package, including multiple spending bills and earmarks. The House CR contains no earmarks.

Lawmakers are working to wrap up votes by December 18th, when the current CR expires. This one includes $513 billion allotted to the Pentagon, $72.5 billion for military construction and veterans and $501.4 billion for all other spending.

For additional information on the measure, please visit the Library of Congress.

Courtesy of NASE.org
https://www.nase.org/about-us/self-made-nase-blog/self-made/2010/12/17/House_Approves_Budget_Plan