Tap Money's Blog


Budget cuts: $10 billion down, $23 billion to go

They have cut the easy stuff: Broadband subsidies, emergency steel loans and the International Fund for Ireland. Over the past month, Congress has enacted $10 billion in 2011 spending cuts. Now, with just a week to go before a government shutdown, lawmakers are fighting over a deal that would set spending levels for the final six months of the fiscal year and keep the government open for business. That would mean an end to the short-term budget fixes that have tied agencies in knots, and generally wrecked havoc on the operations of the federal government.

04/01/2011 1:47PM
Budget cuts: $10 billion down, $23 billion to go
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