Tuesday – 1/14/2014, 4:25am ET
WASHINGTON (AP) — Top congressional negotiators Monday night released a bipartisan $1.1 trillion spending bill that would pay for the operations of government through October and finally put to rest the bitter budget battles of last year.
The massive measure fleshes out the details of the budget deal that Congress passed last month. That pact gave relatively modest, but much-sought relief to the Pentagon and domestic agencies after deep budget cuts last year.
The bill would avert spending cuts that threatened construction of new aircraft carriers and next-generation Joint Strike Fighters. It maintains rent subsidies for the poor, awards federal civilian and military workers a 1 percent raise and beefs up security at U.S. embassies across the globe. The Obama administration would be denied money to meet its full commitments to the International Monetary Fund but get much of the money it wanted to pay for implementation of the new health care law and the 2010 overhaul of financial regulations. Continue reading “Rogers, Mikulski unveil $1 trillion spending bill”