Speaker Boehner says Government Shutdown Averted, Budget deal reached 78 Billion in Cuts

House and Senate negotiators have reached a deal on $39 billion in spending cuts to avert a government shutdown.

“We fought to keep government spending down because it really will create a better environment for job creation,” said Speaker John Boehner (Ohio) at a press conference announcing the deal late Friday night. Boehner said a short-term spending bill will keep the government open until the final legislation is drafted next week.

The short-term spending bill containing $2 billion in cuts would keep the government open through Friday, said a senior Senate Democratic aide.

The deal on a longer term spending bill would cut $78 billion to $79 billion in spending, the aide said.

In a joint statement, Boehner and Senate Majority Leader Harry Reid (Nev.) said: “We have agreed to an historic amount of cuts for the remainder of this fiscal year, as well as a short-term bridge that will give us time to avoid a shutdown while we get that agreement through both houses and to the president. We will cut $78.5 billion below the president’s 2011 budget proposal, and we have reached an agreement on the policy riders. In the meantime, we will pass a short-term resolution to keep the government running through Thursday. That short-term bridge will cut the first $2 billion of the total savings.”

The deal was reached after Boehner agreed to drop a rider on Planned Parenthood and Democrats agreed to some minor spending changes.

The short-term CR would give staff time to draft the final agreement and the Congressional Budget Office time to score it — something that often takes several days.

via Deal Reached : Roll Call News.

Speaker John Boehner, R-Ohio, said Friday night that a deal has been reached with Democrats that provides a framework for spending for the remainder of the fiscal year, according to sources in the room.

Budget negotiators have also agreed on a stopgap funding bill that will avert a government shutdown, the sources said.

via CNN

Pelosi statement: “President Obama and Leader Reid should be commended for their leadership and perseverance to keep the government open.”

1 week continuing resolution again.

President Obama will make a statement in the Blue Room of the White House shortly

About Albert N. Milliron 6991 Articles
Albert Milliron is the founder of Politisite. Milliron has been credentialed by most major news networks for Presidential debates and major Political Parties for political event coverage. Albert maintains relationships with the White House and State Department to provide direct reporting from the Administration’s Press team. Albert is the former Public Relations Chairman of the Columbia County Republican Party in Georgia. He is a former Delegate. Milliron is a veteran of the US Army Medical Department and worked for Department of Veterans Affairs, Department of Psychiatry.

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