House, Senate Arrive at Middle Ground on FY 2011 Budget
Party leaders and the White House came to a general agreement Wednesday evening on the level of spending cuts to include in a measure to keep the federal government running for the remainder of fiscal 2011.
Under the agreement reached, the two sides would cut spending by about $33 billion, approximately halfway between the $61.5 billion the House Republicans have insisted on and Senate Democrats’ initial demand to hold FY 2011 spending flat, reported CQ Today.
Before a final measure can be approved, House Republicans and Senate Democrats still need to strike a deal on specific spending cuts, CQ stressed.
It also is not clear whether the two sides have addressed the dozens of policy provisions the House included in its budget plan, H.R. 1, which would impose restrictions on social and regulatory spending. The most contentious riders would bar federal money from going to Planned Parenthood, hamper the ability of the Environmental Protection Agency to regulate carbon emissions and limit implementation of the president’s healthcare law.
Although the current continuing resolution does not expire until April 8, time is running short as House rules require that legislation be posted for three days before it can be voted on.