Dec 8, 2007

Budget Plan In The Works

From the New York Times:
Congressional leaders are assembling a $500 billion package to try to resolve an impasse by providing President Bush with unfettered money for the Iraq war in exchange for new spending on popular domestic programs. ...

Under the Democratic plan described by senior aides, the Iraq money would be voted on separately, to allow lawmakers opposed to the war to add money for health care, education, home heating programs, border enforcement and other initiatives. ...

“This is not a done deal by any stretch,” said a top House Democrat, who, like others, would not speak for the record about the negotiations because the measures were being developed and the situation was so fluid. ...

As envisioned, the package would exceed the president’s overall spending limit by $11 billion, down from the $22 billion that Democrats had initially sought. The amount could increase with emergency spending sought by the administration, as well as lawmakers.

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