Tweet
Read it all here: http://www.aolnews.com/2011/02/19/ho...ec1_lnk3|45190
WASHINGTON - Jolted to action by deficit-conscious newcomers, the Republican-controlled House agreed early Saturday to cut $61 billion from hundreds of federal programs and shelter coal companies, oil refiners and farmers from new government regulations.
By a 235-189 vote, largely along party lines, the House sent the bill to the Senate, where it faces longer odds, and defied a veto threat from President Barack Obama.
Passage of the legislation was the most striking victory to date for the 87 freshman Republicans elected last fall on a promise to attack the deficit and reduce the reach of government. Three Republicans joined Democrats in opposing the measure.
"The American people have spoken. They demand that Washington stop its out-of-control spending now, not some time in the future," said freshman Rep. Tim Huelskamp, R-Kan.
The $1.2 trillion bill covers every Cabinet agency through Sept. 30, when the current budget year ends. It imposes severe spending cuts on domestic programs and foreign aid. Targets include schools, nutrition programs, environmental protection, and heating and housing subsidies for the poor.
Like I have said before, I am politically-challenged and only understand a few things being said here. Can some one explain to me wtf is going on here, like a quick thug-like summary to help me understand? All these political terms have me confused, I only understand that part I bolded.
WASHINGTON - Jolted to action by deficit-conscious newcomers, the Republican-controlled House agreed early Saturday to cut $61 billion from hundreds of federal programs and shelter coal companies, oil refiners and farmers from new government regulations.
By a 235-189 vote, largely along party lines, the House sent the bill to the Senate, where it faces longer odds, and defied a veto threat from President Barack Obama.
Passage of the legislation was the most striking victory to date for the 87 freshman Republicans elected last fall on a promise to attack the deficit and reduce the reach of government. Three Republicans joined Democrats in opposing the measure.
"The American people have spoken. They demand that Washington stop its out-of-control spending now, not some time in the future," said freshman Rep. Tim Huelskamp, R-Kan.
The $1.2 trillion bill covers every Cabinet agency through Sept. 30, when the current budget year ends. It imposes severe spending cuts on domestic programs and foreign aid. Targets include schools, nutrition programs, environmental protection, and heating and housing subsidies for the poor.
Like I have said before, I am politically-challenged and only understand a few things being said here. Can some one explain to me wtf is going on here, like a quick thug-like summary to help me understand? All these political terms have me confused, I only understand that part I bolded.
Comment