Wednesday, March 6, 2013

FROM MARTIN ARMSTRONG'S BLOG


Republicans Extend Gov’t Budget

The Republican-controlled House today approved legislation that will prevent a government shutdown on March 27 and blunt the impact of newly imposed spending cuts on the Defense Department. The vote was 267-151 and the Senate Democrats now hope to give additional Cabinet agencies similar flexibility in implementing their shares of the $85 billion in spending cuts required to take effect by the end of the budget year.

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