Late last night, House Republicans, Senate Democrats and the Obama Administration came to an agreement on both a short-term Continuing Resolution and a budget for the rest of the FY 2011 fiscal year, which I’ll again remind you want not passed last year when it should have been by a Democratic Congress with significant majorities in both chambers, that will cut $38.5 billion (it’s actually $78.5 billion below President Barack Obama’s request for the year). It’s worth noting that the national debt grew by $54 billion during the time congressional leaders were working on a budget agreement.
Oddly, President Obama called the spending cut “common sense.” One has to wonder why it took more than two years for such “common sense” cuts to come to fruition.
Jamie Dupree notes:
There aren’t many details at this point other than the highlights. The package will include a few extras, though most of the policy riders that were advocated by Republicans were not included in the plan.
One interesting part of this deal is that Senate Democrats have agreed to hold votes on eliminating the Obama health law and on doing away with money for Planned Parenthood.
Neither vote will win, but it will put Democrats on the record.
It looks like the Senate, which approved an amended CR, passed the measure through a voice vote – so I’m not sure which members voted for or against it, but I know Sen. Rand Paul (R-KY) was loud and clear in his opposition. The House passed the amended CR by a vote of 348 to 70, with several conservative and liberal members opposing the spending bill.
If you think this is over, guess again. The fight over the FY 2012 budget is just around the corner. And that is going to be messy.