House Approves Bipartisan Budget Act of 2013
The House approved a bipartisan budget deal that plans to cut around $23 billion from the federal deficit over 10 years, set spending levels for the 2014 and 2015 fiscal years, and add more stability to the U.S. economy. The compromise will remove the possibility of a government shutdown that had loomed for Jan. 15th and will now head to the Senate after a 332-94 vote. Criticisms of the bill include democratic worries of the compromise not restoring money to domestic programs or extending long-term unemployment insurance that is scheduled to end after Dec. 28th and Republican worries that the deal doesn't include enough spending cuts or reform social programs.
By Jordan Moses
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