House Passes $61B in Spending Cuts
After four days of marathon, near-round-the-clock sessions, the Republican-controlled House of Representatives approved a bill early Saturday to runt he federal government through the fall and slash $61 billion in spending.
The 235-189 vote to send the bill to the Senate was largely along party lines and defied a veto threat from President Obama. It marked the most striking victory to date for the new Republicans elected last year on a promise to attack the deficit and reduce the reach of government. Three Republicans joined Democrats in opposing the measure.