House OKs Bill to Avoid Government Shutdown

WASHINGTON (AP) -- The House has approved legislation to prevent a government shutdown at the end of the month and give the Pentagon some relief from a cash crunch that's harming military readiness.

The huge spending measure, which was passed on a 267-151 vote, would fund federal operations through September. It leaves in place automatic cuts of 5 percent to domestic agencies and 7.8 percent to the Pentagon ordered by President Barack Obama Friday night after months of battling Republicans over the budget.

Republicans muscled the measure through on a mostly party-line vote over objections from Democrats protesting those across-the-board spending cuts.

The stopgap measure would provide budget relief for military readiness, veterans' health programs, embassy security and the FBI, but would put most of the rest of the government on budget autopilot.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2297248, ~/Articles/ArticleHandler.aspx, 11/22/2014 7:54:41 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement