Tuesday, April 12, 2011

2011 Budget Deal Details

Below are the budget cuts that will be voted on this week. The CR that would fund the government through the rest of this fiscal year is posted under the listing of cuts. The bill includes a total of $1.049 trillion in funding, over $38 billion in reductions from last year’s (fiscal year 2010) levels. This includes the $12 billion in reductions previously approved by Congress and signed into law under the previous three continuing resolutions, as well as nearly $28 billion in additional new spending cuts.