Thursday, April 2, 2009

House approves $3.5 trillion budget

The House of Representatives approved President Barack Obama's $3.6 trillion federal budget on Thursday with Republican yes votes.

The Senate is also looking like it will pass a partisan and similar $3.5 trillion budget without any Republican support.

“The American people want us to find our common ground where we can, but they did not send us here to split the difference,” House Speaker Nancy Pelosi said. “They want real change, and we have come here to make a difference.”

The budgets will allow the expiration of Bush-era tax cuts for wealthier Americans but continue those benefiting the middle class.

US House approves $3.45 trillion budget

Reuters - ‎55 minutes ago‎
By Jeremy Pelofsky and Richard Cowan WASHINGTON (Reuters) - The US House of Representatives on Thursday passed a federal budget that embraces President Barack Obama's initiatives on healthcare, energy and education but leaves the government deeply in ...

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