Democrats, Republicans agree on a budget deal
House Speaker John Boehner announces agreement on a budget deal.
April 9th, 2011
12:41 AM ET

Democrats, Republicans agree on a budget deal

The Senate has passed a short-term budget deal that will keep the government funded through next Thursday. The measure was later approved by the House of Representatives.

"We have agreed to an historic amount of cuts for the remainder of this fiscal year, as well as a short-term bridge that will give us time to avoid a shutdown while we get that agreement through both houses and to the President. We will cut $78.5 billion below the President’s 2011 budget proposal, and we have reached an agreement on the policy riders. In the meantime, we will pass a short-term resolution to keep the government running through Thursday. That short-term bridge will cut the first $2 billion of the total savings," Senate Majority Leader Harry Reid and House Speaker John Boehner said in a joint statement issued after the agreement.

President Obama commended Democrats and Republicans on working together to reach a solution.

"The government will be open for business," Obama said. "That's because today, Americans of different beliefs came together again.

"In the final hours before our government would have been forced to shut down, leaders in both parties reached an agreement that will allow our small businesses to get the loans they need, our families to get the mortgages they applied for, and hundreds of thousands of Americans to show up at work and take home their paychecks on time."

FULL STORY
Post by:
Filed under: Budget
soundoff (206 Responses)
  1. Joey

    I agree with Corbin that taxpayers are not responsible for others' children.

    April 9, 2011 at 7:28 am | Report abuse |
  2. Joey

    Regarding the direction of Obama's budget, look ahead.
    How will this affect inflation?
    A word to the wise...

    April 9, 2011 at 7:34 am | Report abuse |
  3. L64

    I'm just sick of the grandstanding and posturing. Knowing we have more to come is disgusting.

    April 9, 2011 at 8:43 am | Report abuse |
    • Scottish Mama

      You are correct. Nothing was accomplished, just a continue to last weeks bullstuff. Cut the wealthy tax handouts.

      April 9, 2011 at 10:07 am | Report abuse |
  4. Judus

    @ L64: You are not alone in your disgust at the pinheads egoes

    April 9, 2011 at 9:59 am | Report abuse |
  5. gordig

    stop corperate welfare the money goes into bonuses anyway- milatary famliys should not have to live pay check to paycheck

    April 9, 2011 at 10:07 am | Report abuse |
  6. L64

    @judus...and it's high time we did somethin about it!

    April 9, 2011 at 10:18 am | Report abuse |
  7. Judus

    Like what ?

    April 9, 2011 at 10:20 am | Report abuse |
  8. Judus

    Hey L64 , Can we talk for a minute on a different post. I need to ask u something.

    April 9, 2011 at 10:21 am | Report abuse |
  9. L64

    Vote in only independents? Lol we all are unhappy. We should be seriously thinking of what we can do about it.

    April 9, 2011 at 10:22 am | Report abuse |
    • Judus

      I couldn't agree with u more:)

      April 9, 2011 at 10:24 am | Report abuse |
  10. L64

    Ok...where?

    April 9, 2011 at 10:24 am | Report abuse |
  11. Judus

    On the one "the day's most" for the 7th

    April 9, 2011 at 10:25 am | Report abuse |
  12. L64

    Actually, what cant u say here?

    April 9, 2011 at 10:26 am | Report abuse |
  13. Judus

    Pls just go there

    April 9, 2011 at 10:27 am | Report abuse |
  14. L64

    Judus l responded.

    April 9, 2011 at 10:41 am | Report abuse |
  15. my2commoncents

    we avoided a government shutdown! oh what drama! its not like they were gonna let it happen. oh my they got it done in the nick of time! whew! If they had gotten of their a$$e$ and done this a few months ago we wouldn't have this "wait till the last minute" problem. their like a school kid that waited till the last day to do their homework. What a publicity stunt!

    April 9, 2011 at 11:03 am | Report abuse |
1 2 3 4 5 6 7 8 9