Saturday, March 07, 2009

Congress Avoids Total Fed Shutdown - Passes Stopgap Budget

With 12 hours or so to spare, Congress approved a stopgap budget resolution on Friday to avoid a shutdown of the federal government for another five days. The House approved the measure by 328 to 50, and the Senate rushed it through on a unanimous voice vote, clearing the way for President Obama to sign it later in the day.

read more | digg story

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