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Tag Archives: 2012 budget

Senate to Try ‘Omnibus’ Approach on Funding Bill

Lawmakers on Capitol Hill had to pass another stopgap funding measure before Thanksgiving, but had one measure of budget success as they passed a “minibus” bill to fund several Cabinet departments and agencies. Now Senate Majority Leader Harry Reid (D-Nev.) will try a similar approach but on a bigger scale. …

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Financial Services, Govt. Appropriations Face Cuts

If a House Appropriations Committee bill moves through without big changes, the Treasury Department and other major government agencies could face budget cuts, FierceGovernment reports. H.R. 2434 calls for a 9 percent cut to agencies under the committee’s jurisdiction in fiscal 2012. The bill reduces funding to $20 billion in …

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