Federal Budget Deal Reached

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truebluefan

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A last-minute budget deal forged amid bluster and tough bargaining averted an embarrassing federal shutdown, cut billions in spending and provided the first major test of the divided government that voters ushered in five months ago.

Working late into Friday night, congressional and White House negotiators finally agreed on a plan to pay for government operations through the end of September while trimming $38.5 billion in spending.

Lawmakers then approved a measure to keep the government running for a few more days while the details of the new spending plan are written into legislation.

Actual approval of the deal is expected in the middle of next week.

Read more: http://www.huffingtonpost.com/2011/04/08/federal-budget-deal-government-shutdown_n_846614.html
 

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