Senate Approves Two-Week Budget Extension

Approved on a 91-to-9 vote, the measure postpones a potential shutdown, providing lawmakers with more time to determine a plan to keep the government running.

Money_TreeWASHINGTON, D.C. — The Senate approved and sent to President Obama a measure to finance the government until March 18, while Republicans and Democrats continue the debate over a broader spending plan for the remainder of the fiscal year. The two-week measure would cut $4 billion in spending, including the elimination of eight programs that Obama had also recommended be cut. Furthermore, money originally designated for earmark projects will be reclaimed due to the new Congress’s ban.

In response to the extension, the White House said top administration officials would work to bring House Republicans and Senate Democrats to an agreement on a spending plan for the rest of the fiscal year, as well as possibly address other fiscal issues like the imminent need to increase the nation’s debt ceiling.

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Source: Carl Hulse | The New York Times