House Passes Spending Bill to Avert Government Shutdown
The Daily Banter Headline Grab. From the Yahoo! News:
Returning to Washington for a brief session between their summer recess and fall campaign season, the House of Representatives on Thursday passed a spending bill funding the government into the next year.
The funding extension, known as a Continuing Resolution (CR), keeps to the $1.047 trillion spending agreement reached between the parties and avoids a government shutdown until March 27, 2013, nearly five months after the November election. The federal government has continually relied on short-term funding extensions since 2009, the last time the Democrat-controlled Senate passed a traditional budget plan that set spending levels.
“This bill is very restricted in its scope, does not contain extensive or controversial policy riders or funding levels that dramatically differ from current levels, and protects critical funding for our national defense,” said House Appropriations Chairman Hal Rogers, Republican of Kentucky. “The legislation reflects the bipartisan agreement made by the House and Senate leadership and the White House to prevent a government shutdown, maintain the programs and services critical to the American people, and provide certainty and stability to ensure our continued economic recovery.” […]
On hand Thursday was Republican vice presidential candidate Rep. Paul Ryan of Wisconsin, who took a brief hiatus from the campaign trail to vote in favor of the spending continuation.