In the News

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Key Excerpts: 

"A breakthrough budget deal that avoids a government shutdown in January and blunts automatic spending cuts easily won passage in the U.S. House of Representatives on Thursday, laying the groundwork for two years free of funding crises. The 332-94 bipartisan vote sends the measure to the Senate, which is expected to pass it next week despite the objections of conservative political groups that say it violates their core goal of cutting government spending."

"The deal sets spending levels for two years, a significant break from the recent pattern of short-term funding bills that require extension every few months, always under the threat of a government shutdown like the 16 day closure in October. It follows three years of bitter partisan warfare over spending, taxes and President Barack Obama's healthcare law that twice brought the nation to the brink of defaulting on its obligations."