A $446.8 billion omnibus spending bill, covering the heart of the domestic budget, cleared Congress Sunday, capping a year that has seen double-digit growth for many agencies on top of the giant economic recovery package approved just 10 months ago.
The 57-35 Senate roll call came as negotiators neared agreement on a $626 billion defense bill, the final piece of the 2010 budget and a powerful locomotive to pull a pre-Christmas legislative train of year-end items.
Chief among these could be a much-needed adjustment to the Treasury’s borrowing authority to manage the growing national debt which will soon top $12.1 trillion.
Democrats project that $1.8 trillion in new authority will be needed to carry the government through the coming year and past the 2010 elections. No more than half of this increase can be directly attributed to President Barack Obama’s spending appetites, but it’s his burden to carry now and a major challenge in leading his party. - Politico Story
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