Senate Vote Buys 3 More Weeks For Budget Talks

Law360, New York (March 17, 2011, 5:32 PM EDT) -- The U.S. Senate on Thursday voted to send President Barack Obama legislation extending federal spending authority through March 18, narrowly averting a government shutdown amid growing dissatisfaction over the recent string of stopgap budget measures.

Senators voted 87-13 to approve H.J. Res. 48, which shaves $6 billion off the federal budget over the next three weeks and extends fiscal year 2010 funding levels through April 8. The continuing resolution under which the government is currently operating is scheduled to expire on March 18, and, without passage...
To view the full article, register now.