Latest Budget Rumors
The latest rumors in Washington are that a deal has been reached on the FY2011 budget, but not in time to prevent a shutdow without another very short term continuing resolution (CR).
Best bet, it seems, is that a CR for a couple of days will be passed to provide time for legislative language to be drafted to reflect reported agreement to $39 billion of cuts from current FY2010 spending levels. Policy disagreements about federal funding for Planned Parenthood and over Environmental Protection Agency regulations that have stymied agreement would be set aside.
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