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Originally posted by December_Rain
The 1,000-plus-page bill brings together six of the 12 annual spending bills that Congress had been unable to pass separately even though the new fiscal year began Oct. 1 because of partisan roadblocks.
It includes $447 billion in operating budgets with about $650 billion in mandatory payments for federal benefit programs such as Medicare and Medicaid, which provide health care benefits to the elderly, disabled and poor, as well as an estimated $3.9 billion for more than 5,000 home-state projects sought by individual lawmakers in both parties.
The bill increases spending by an average of about 10 percent to programs under immediate control of Congress, blending increases for veterans' programs, the NASA space agency and the FBI with a pay raise for federal workers and help for car dealers.
But the second-ranking Senate Democrat, Dick Durbin of Illinois, said the measure restores money for programs cut under former President George W. Bush such as popular grant programs for local police departments to purchase equipment and put more officers on the beat.
Still this is useless for the moment. It's not something that is NEEDED.
The legislation also:
* Includes an improved binding arbitration process to challenge the decision by General Motors Corp. and Chrysler LLC to close more than 2,000 dealerships.
* Renews a federal loan guarantee program for steel companies.
* Permits detainees held at Guantanamo Bay, Cuba, to be transferred to the U.S. for trial, but not to be released.
* Calls for federal worker pay increases averaging 2 percent.
Right after the vote Sunday, the Senate planned to return to legislation to overhaul the health care system, an issue that Democrats hope to reach consensus on in the final days of this year.
In the coming week, Congress may try to take a defense spending bill and attach a measure that would raise the $12.1 trillion debt ceiling and initiate new spending and tax cut efforts to stimulate jobs.
"We are in a very special kind of economic situation, and frankly, jobs have to be the top priority, and every bill is going to be a jobs bill going forward," Obama's top economic adviser, Larry Summers, said on ABC's "This Week."
Originally posted by Hastobemoretolife
I think I'm going to apply for a pel-grant and go back to school, finding a job right now is extremely difficult.
Originally posted by ExPostFacto
Great now I have to go buy insurance...which I cannot afford.
"They spent $75 billion on mortgage relief, but come on — look at how much they gave Wall Street," says a leading Democratic strategist.
Neil Barofsky, the inspector general charged with overseeing TARP, estimates that the total cost of the Wall Street bailouts could eventually reach $23.7 trillion. And while the government continues to dole out big money to big banks, Obama and his team of Rubinites have done almost nothing to reform the warped financial system responsible for imploding the global economy in the first place.
source is the OP's original
Republicans decried what they called out-of control spending and pointed to an estimated $3.9 billion in the bill for more than 5,000 local projects sought by individual lawmakers from both parties.
Source is the OP's original
...about $650 billion in mandatory payments for federal benefit programs such as Medicare and Medicaid, which provide health care benefits to the elderly, disabled and poor.
Unflinching on a critical first test, Senate Democrats closed ranks Thursday behind $460 billion in politically risky Medicare cuts at the heart of health care legislation...