Huge spending bill would bury budget battles
Tue, 14 Jan 2014 12:18:55 GMT —
The House on Tuesday is expected to approved a short-term funding bill that would give the Senate more time to finish an overall spending bill.
Senators would have until midnight Saturday to finish the $1.1 trillion bipartisan spending bill that would pay for the operations of government through October.
That bill was unveiled Monday night by
top congressional negotiators hoping to put an end to the bitter battles of 2013.
The bill would avert spending cuts that threatened construction of new aircraft carriers and next-generation Joint Strike Fighters. It maintains rent subsidies for the poor, awards federal civilian and military workers a 1 percent raise and beefs up security at U.S. embassies across the globe. The Obama administration would be denied money to meet its full commitments to the International Monetary Fund but get much of the money it wanted to pay for implementation of the new health care law and the 2010 overhaul of financial regulations.