Bill passed 335-91. $1.24 billion by terminating programs in FY 2011 that President Obama had proposed eliminating in 2012 and by defunding $2.7 billion in earmarks.
This will prevent a Government shutdown at the end of this week and Democrats wanted to continue spending at the current levels but Republicans are requiring budget cuts. This will only give them another 2 weeks to debate before causing another Government shut down on the 18th. I believe Republicans came up with the 4 billion in cuts by pro-rating the already passed $100 billion budget cut bill from a couple of weeks ago. If you take $100 billion that the House passed in budget cuts and divide that by 52 weeks in a year you get about $2 billion a week and thus the $4 billion cuts for the next two weeks.
CSPAN is reporting that Reid will bring it up for a vote and expects President Obama to sign it. Hold tight for the next showdown on March 18th or rather shutdown.
Values Voter News can be accessed on your mobile phone with ease see Get Values Voter News on your Blackberry, iPhone, Droid or other mobile phones