Agricultural News
Two Week CR Passes House
Tue, 01 Mar 2011 17:26:16 CSTTuesday afternoon the House passed by a vote of 335 to 91 House Joint Resolution 44, which extends government funding for two weeks, until March 18. Before the vote, White House Press Secretary Jay Carney said the administration is "pleased" with progress on Capitol Hill toward a stopgap measure, but does not want that to become a precedent for more temporary measures. Senate Minority Leader Mitch McConnell predicts the House's Continuing Resolution will pass in the Senate.
The House plan would cut 1.24-billion dollars in funding by terminating programs President Obama has proposed eliminating in his 2012 budget request. The bill would find additional savings totaling 2.7-billion by defunding earmarks.
Democrats are warning of an economic collapse if the two sides can't reach an agreement. Republicans expect a meltdown if America cannot reduce its debt.
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