House closely Passport account deficit reduction
A week after postponing a vote on a budget-cut package, House Republicans eked to win a narrow 217-215 early Friday near a proposed law to balance above $ 50 billion deficit in next five years.
The plan of deficit reduction, spending cuts across a wide range of public programs. The victory was very hotly disputed is not officially at about 1:45 pm last week, House Republicans abruptly interrupted his first attempt to vote on the package, after obtaining the authorisation does not have enough votes for him .
President Bush weighed in the Asia-Pacific Economic Cooperation (APEC) summit in South Korea.
“I applaud the Republican members of the house, a substantial savings measures to limit spending and ensure that we are on track to reduce the deficit in half by 2009,” said Bush. “We will continue to finance our fiscal priorities in a responsible manner and to ensure that taxpayers’ money spent is reasonable or not to be spent.
Fourteen Democrats 201 Republicans occurred in the vote against the bill. Passage was a great victory for the GOP leadership, and is on the heels of a surprising defeat Thursday afternoon on another key expenditure. Twenty-two Democrats a House Republican defeat a bill of $ 142 billion, that the resources of the nation many health and social services.
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