Breaking News: Senate Dems Unveil CR For Remainder of FY 11

March 4, 2011 | By Liza Casabona | Post a Comment

Today, Senate Democrats unveiled their spending vision for the remainder of fiscal year 2011. Their proposal cuts $51 billion from the FY 2011 budget that was proposed by President Obama but never enacted.

The continuing resolution proposal put on the table today would govern spending after March 18, when the current CR expires, through the end of FY 2011 on Sept. 30. Thus far, the only spending measures that have been implemented for FY 2011 have been temporary, short-term fixes.

In unveiling the proposal, Sen. Daniel Inouye, D-Hawaii, Chairman of the Senate Appropriations Committee, said, “the Continuing Resolution we introduce today, which is $51 billion below the President’s budget request, imposes responsible cuts and terminations across a wide variety of programs. In contrast to the House bill, the Senate proposal will allow the government to continue operating at reduced levels without major disruptions that would set back our economic recovery and eliminate countless American jobs.”

The two parties remain extremely far apart on spending priorities. House Republicans recently laid out a spending vision that would cut more than $100 billion from the president’s proposal, although the cuts are closer to $61 billion measured against actual FY 2010 spending.

Democrats have positioned their CR as a “common sense” approach and describe the deeper cuts in the Republican proposal as irresponsible.

Subscribers to Thompson’s Local/State Funding Report can read more details of the Senate Democrats’ proposed 7-month CR in the March 14 issue.

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