White House Threatens To Veto Military Spending Bill

Law360, New York (May 31, 2012, 7:54 PM EDT) -- The White House threatened Wednesday to veto the U.S. House of Representatives' appropriations for military construction and veterans' affairs as part of a larger fight over 2013 spending levels, saying it would continue to oppose bills that ignore limits from last summer's deficit-reduction deal.

H.R. 5854, which was up for debate on the House floor Thursday, includes $71.7 billion in discretionary funding — the same as the 2012 level — and funds military infrastructure, including bases and housing, as well as veterans’ benefits and programs....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.