Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

No Shutdown: Last-Minute Deal Reached

GOP gets $38B in cuts, relents on Planned Parenthood

By the Associated Press

Posted Apr 8, 2011 8:11 PM CDT | Updated Apr 8, 2011 10:52 PM CDT

(AP) – Perilously close to a government shutdown, President Obama and congressional leaders forged agreement late tonight on a deal to cut about $38 billion in federal spending and avert the first closure in 15 years. Obama hailed the deal, finalized about an hour before a midnight deadline, as "the biggest annual spending cut in history," and House Speaker John Boehner said that over the next decade it would cut government spending by $500 billion. "This is historic, what we've done," said the third man in the talks, Harry Reid.

On side issues—"riders," the negotiators called them—the Democrats and the White House rebuffed numerous Republican attempts to curtail the reach of the EPA and sidetracked their demand to deny federal funds to Planned Parenthood. Anti-abortion lawmakers did succeed in winning a provision to ban the use of federal or local government funds to pay for abortions in the District of Columbia. The House and Senate were rushing through a stopgap bill until the broader bill could be finalized sometime next week.

Senate Majority Leader Harry Reid of Nev. accompanied by Democratic senators, speaks on Capitol Hill in Washington, Friday, April 8, 2011, after meeting with the Senate Democratic Caucus. From left are, Sen. Maria Cantwell, D-Wash., Sen. John Kerry, D-Mass., Sen. Ben Cardin, D-Md.,  Sen. Barbara Mikulski, D-Md., Sen. Joe Manchin,...
Senate Majority Leader Harry Reid of Nev. accompanied by Democratic senators, speaks on Capitol Hill in Washington, Friday, April 8, 2011, after meeting with the Senate Democratic Caucus. From left are,...   (J. Scott Applewhite)
Senate Majority Leader Harry Reid pauses during a news conference on Capitol Hill Friday.
Senate Majority Leader Harry Reid pauses during a news conference on Capitol Hill Friday.   (J. Scott Applewhite)
Speaker John Boehner talks to reporters on Capitol Hill Friday.
Speaker John Boehner talks to reporters on Capitol Hill Friday.   (AP Photo/Alex Brandon)
Speaker John Boehner get on an elevator on Capitol Hill.
Speaker John Boehner get on an elevator on Capitol Hill.   (AP Photo/Alex Brandon)
« Prev« Prev | Next »Next » Slideshow
President Obama announces the deal.   (Mediaite)

« Prev« Prev | Next »Next »
My TakeCLICK BELOW TO VOTE
4%
11%
14%
10%
2%
58%
To report an error on this story, notify our editors.
COMMENTS
Showing 3 of 192 comments
DontLikeYou
Apr 9, 2011 10:33 AM CDT
$38 billion in cuts? That's about 6 days of interest on the $14 trillion dollar debt. Congratulations, Democrats, on your win. The current leadership of the GOP caved to you because they have no spine.
getherdone
Apr 9, 2011 7:28 AM CDT
Is Old Yellow, crying in this picture because he didn't get his way? What a dumbass he is.
Deleted
Apr 9, 2011 6:39 AM CDT
Let’s put the “massive cuts” in this budget deal in perspective. You are John, a liberal employer. Hardly likely, but stay with me. You have one employee, Mary. In 2008, Mary’s pay was $50,000. By 2011, you have given Mary some very nice raises, bringing her salary to $64,020.12, an increase of 28%. Your business starts to do poorly. Your cousin from China won’t lend you any more money. You are in actual risk of having to file for bankruptcy. You go to Mary and say “Mary, I am terribly sorry, but I have given you too many raises. My business is in real trouble. I have to cut your salary by $646.61 bringing it down to $63,373.51. I hope you can squeeze by on that since it is still 27% more than I was paying you in 2008.” Do you think your business will survive after making these puny salary cuts? This numbers in this story are in exact proportion to our U.S. government federal spending, budgets, and last nights cuts.

Copyright 2013 Newser, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne