House gives sweeping bipartisan approval of budget

House gives sweeping bipartisan approval of budget

Credit: KAREN BLEIER/AFP/Getty Images

The US flag flies over the US Capitol October 16, 2013 in Washington, DC. US lawmakers embarked on another day of high-stakes political brinkmanship Wednesday, battling to scrape together an eleventh hour deal to protect Washington's battered financial standing. At midnight (0400 GMT), the US economy will sail into uncharted waters and the Treasury will no longer be able to guarantee it will be able to meet its obligations and avert a devastating debt default. The only way to avert this peril, which could send global markets into turmoil and threaten another recession, would be for Congress to agree to raise the US government's $16.7 trillion debt ceiling.

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by Associated Press

KING5.com

Posted on December 12, 2013 at 4:31 PM

Updated Thursday, Dec 12 at 4:34 PM

WASHINGTON, D.C. -- The House has given sweeping bipartisan approval to a budget bill backed by both President Barack Obama, his Democratic allies and a big majority of the chamber’s Republicans.

The 332-94 vote sends the measure to the Senate, where Republicans are more skeptical. But the Democratic-led chamber appears sure to adopt the measure next week and send it to Obama for his signature.

The package was drafted by a congressional odd couple of House Budget Committee Chairman Paul Ryan and Senate Budget Committee Chairman Patty Murray. The Wisconsin Republican and Washington Democrat found enough compromise to ease the harshest effects of another round of automatic spending cuts set to hit the Pentagon and domestic agencies next month.

Supporters of the measure easily beat back attacks on it from conservative activists.
 

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