House Approves 2 Week Extension for Budget

By: CBS
By: CBS

With a fast-approaching deadline to a government shutdown, House Republicans voted to buy some more time in the budget battle.

"The American people want us to get our fiscal house in order, and this is a step in the right direction," said House Speaker Rep. John Boehner.

They passed a bill that funds the government for two more weeks and slashes $4 billion in spending. Some House Democrats said two weeks wasn't enough.

"This is not a way to run the largest government and most important in the world," said Rep. Xavier Becerra, D-CA.

But those arguments didn't work. Democrats in the Senate say they're on board with the two week extension. They plan to pass it quickly and send it to President Obama's desk.

The White House praised lawmakers' progress.

"We believe that there is a focus in Congress now on cuts that we all can agree on," said White House Press Secretary Jay Carney.

But bigger battles lie ahead. Now lawmakers must agree on a government spending plan for the next six months. Republicans want to cut more than $60 billion from that budget.

"If American families can do with less, there's no reason why the government can't do with less," said Rep. Boehner.

Democrats disagree. They argue, the GOP's proposal would ultimately lead to more job losses and put the nation's economic recovery in jeopardy. President Obama promised he'd veto a spending plan with cuts that deep.

Now both sides have just two weeks to find common ground and avoid another potential government shutdown.

Once lawmakers sort out spending for this part of the current year, they'll turn their attention to next year's federal budget. Republicans are calling for as much as $100 billion worth of cuts from that plan.


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