$1.1 trillion spending bill unveiled

$1.1 trillion spending bill unveiled
By: David Rogers
January 13, 2014 08:08 PM EST

The Capitol is pictured. | AP PhotoHouse-Senate negotiators rolled out a $1.1 trillion spending bill Monday night — a giant package that fills in the blanks of the December budget agreement and promises to restore some order to government funding over the next year.

Under pressure from Republicans, the measure keeps a tight rein on new funding for Wall Street regulators and effectively freezes appropriations for President Barack Obama’s health care program at the reduced, post-sequester level.

But the White House retains the flexibility to find the financing it needs to implement the health exchanges and appears satisfied to have avoided the most contentious restrictions proposed by conservatives.

(Also on POLITICO: What’s in the $1.1T government spending bill?) Continue reading “$1.1 trillion spending bill unveiled”