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Congress Gives $410 Billion Spending Bill Thumbs Up
The U.S. Congress today (Tuesday) gave its final approval on a $410 billion omnibus spending bill that will boost domestic spending for a bevy of federal agencies, and loosen trade and travel restrictions on Cuba. The bill is also laden with a thick layer of fat from a host of pet projects known as “earmarks.”
The Senate supported the bill 62-35, including the votes of eight Republican senators, after Democrats prevailed in a week-long struggle to round up the necessary votes. The disputes primarily revolved around an increase in pay for legislators and wrangling for insertion of the earmarks on…
12Mar2009 | Money Morning | 0 comments | Continued
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