–House Speaker Says House To Take Up FY’12 Funding Bill
–Rep. Boehner: Bill Will Allow ‘More Time’ To Work on FY’12 Bills
–Urges ‘Swift Passage’ of FY’12 Stop-Gap Bill
By John Shaw
WASHINGTON (MNI) – House Speaker John Boehner said Wednesday
evening that the House will consider a fiscal year 2012 stop-gap
spending bill that keeps the federal government fully operational until
November 18.
In a statement, Boehner said passage of the bill will remove the
threat of a government shutdown and will give Congress “more time to
work on legislation that stops the Washington spending binge and
provides more certainty for job creators.”
He said the bill “deserves swift passage in both the House and
Senate.”
The 2012 fiscal year begins October 1 and so far Congress has
passed none of the 12 annual spending bills.
Congressional leaders have said they don’t expect work on the FY’12
budget to be as contentious as was the battle over the FY’11 spending
bills largely because Congress and the White House have already agreed
on the overall funding level for discretionary programs.
Boehner will give a major economic speech Thursday and is expected
to focus on such themes as cutting spending, reducing the deficit and
boosting job growth.
The Speaker has said this week that the House will conduct a
“careful examination” of President Obama’s new jobs plan and repeated
that he wants to work with the president to boost job creation.
But he has also been very critical of Obama’s plan for paying for
the $447 billion package with tax hikes.
Obama’s jobs plan has about $245 billion in tax cuts, $140 billion
in infrastructure spending and about $62 billion in assistance for
unemployed.
** Market News International Washington Bureau: (202) 371-2121 **
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