Senate passes funding bill to avoid October 1 government shutdown

[Gerald]

Reuters) - A deeply divided and unproductive Congress wrapped up its final business before November's elections early on Saturday as the U.S. Senate passed a stopgap measure to fund federal programs and avoid an October 1 government shutdown.The 62-30 vote on the funding bill, which now moves to President Barack Obama's desk to be signed into law, was delayed by days of partisan bickering over votes on unrelated measures aimed at boosting both Democrats' and Republicans' political fortunes.

For the new fiscal year which begins on October 1, the $524 billion measure slightly raises discretionary spending - which funds government agencies and everything from defense to national parks - from current levels.

It was needed because Congress' normal process of appropriating money for government operations broke down amid disagreements between Democrat and Republicans over spending levels and funding was due to run out after September 30.

"It is an inefficient way to fund the federal government but it is better than shutting it down next week," said Democratic Senator Daniel Inouye, the Democratic chairman of the Senate Appropriations Committee.

http://www.reuters.com/article/2012/...88L03720120922

Note: Sat Sep 22, 2012 2:41am EDT

[Skybird]

From summer last year:

LINK

LINK2

Say Hello! to a bright future.

[Jimbuna]

Originally Posted by Skybird

From summer last year:
http://www.nypost.com/p/news/opinion/opedcolumnists/trillion_the_shocking_true_size_tOxcrobUBUup9IEW3v QAhJ

http://grandfather-economic-report.com/debt-nat.htm


Say Hello! to a bright future.

You know what Sky...you can sometimes be as cynical as us Brits but that isn't always a bad thing

[Skybird]

That's no cynism, but sadness smiling a grim and defiant smile.

[Jimbuna]

Yeah i know what you mean

[Kloef]

Not a situation you want to be in as a country..i hope time will heal this gaping wound in your economy, this is bad for the rest of the world too.