Friday, May 19, 2006

House Budget Finalized - Next Conference

Early Thursday morning (1 am) May 18th, House of Representatives adopted the Fiscal Year 2007 (FY07) House budget resolution by a vote of 218-210.

The House budget resolution sets total discretionary spending at $873 billion, the same as the President’s request. In comparison, the Senate budget resolution sets the amount at $883.3 billion (includes Specter- Harkin increase of $7.1 bill for L-HHS-ED and $3 billion for home heating).

House moderate republicans have been made assurances that the Labor-HHS-Education appropriations bill will include an increase of $4.1 billion, with an additional $3 billion added when the two Houses meet to finalize a budget resolution bill.

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