Tags: senate | spending | bill

Senate Aides: Agreement Reached on Spending Bill

Monday, 11 Mar 2013 09:23 PM

By David Yonkman, Washington Correspondent

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Senate appropriators have reached an agreement on a spending bill that will fund government operations for the next six months, two senior Republican aides familiar with the negotiations tell Newsmax.

The bill aligns closely with a spending bill that the House passed last week.

“I think we avoided all the major pitfalls that the House would find problematic,” one source said.

The $982 billion incorporates the $85 billion in across-the-board spending cuts known as the sequester, and it also provides the Pentagon and Veterans Affairs with additional flexibility to meet their front-line needs.

The bill notably includes no extra funding for President Obama’s health care law, as well as no additional funds for Dodd-Frank banking regulations above last year’s levels.

The aides said that Senate leadership will likely bring the bill to the floor this week and send to the president for his signature.

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