Friday, April 08, 2011

Government Shutdown Might Be Averted: $39 Billion in Cuts

Well at least they were able to cut something.

Republicans said the deal called for $39 billion in spending cuts, a measure that one official said Boehner told his rank and file marked the "largest real-dollar spending cut in American history."

Over a decade, the agreement would cut more than $500 billion from the federal budget, Boehner added, according to a participant in the meeting.

The agreement marked an extraordinary reach across party lines and the first test of a new era of divided government that includes Obama in the White House, control of the Senate by fellow Democrats and a tea party-flavored Republican majority in the House.

It is good to see everyone working together once and a while. Now lets pass a real budget so we don't have to worry about this crap.

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