Dec. 12 (Bloomberg) — The Senate begins debate on a $1.1 trillion U.S. government spending bill today after turmoil in the House yielded narrow passage of the plan amid opposition from Democrats and Republicans alike.
"There are no perfect bills," Senate Majority Leader Harry Reid said on the Senate floor minutes after the House passed the proposal 219-206 late yesterday. "But this bill is so much better than" a three-month measure that would risk another shutdown fight in early 2015, the Democrat said.
The Senate may pass it as soon as today if opponents such as Democrat Elizabeth Warren and Republican Ted Cruz consent.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
