Obama signs spending bill, avoids government shutdown

[alp227]

Source: USA Today

President Obama made it official Tuesday, signing a temporary spending bill that headed off a government shutdown.

The "Consolidated and Further Continuing Appropriations Act of 2013," which funds the government for the last six months of the current fiscal year, replaces a plan that had been set to expire Wednesday.

...

The stopgap spending bill also maintains sequestration, the $85 billion in automatic budget cuts that began to take take effect March 1.

Read more: http://www.usatoday.com/story/news/politics/2013/03/26/obama-spending-bill-shutdown-sequester/2022387/

[Leslie Valley]

1. So since the 1st of the year our elected reps have made 98% of the Bush tax cuts and

the sequester permanent.

And who says the Government doesn't accomplish anything.

[bhikkhu]

2. Make that 85% of the tax cuts, increasing only taxes for the wealthiest

So 15% of the tax cuts was allowed to expire. That tax increase actually applies to a little more than the top 1% of the population, however, so perhaps you meant that the bush tax cuts were preserved for 98% of americans.

Not to nitpick, but accuracy is a virtue. http://www.ctj.org/taxjusticedigest/archive/2013/01/ctj_reports_examine_revenue_an.php#.UVJHJH2RAYw

[Leslie Valley]

3. Just quoting Boner who said he got 98% of what he wanted.

n/t

[bhikkhu]

4. Boehner's not a good source of information. n/t

[Generation_Why]

5. I'm strongly in favor of tax cuts for the working poor. nt