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Taxpayers must pay the freight for over-budget train projects
Topic - Sylvia Mathews Burwell
Republicans are dismissing President Barack Obama's new $3.9 trillion budget as nothing more than a Democratic manifesto for this fall's congressional campaigns, but the fiscal plan is taking hits from another quarter too - anti-deficit groups.
Congress sent President Barack Obama a $1.1 trillion government-wide spending bill Thursday, easing the harshest effects of last year's automatic budget cuts after tea party critics chastened by October's partial shutdown mounted only a faint protest.
Top congressional negotiators Monday night released a bipartisan $1.1 trillion spending bill that would pay for the operations of government through October and finally put to rest the bitter budget battles of last year.
Powered by tax increases and deep budget cuts that held spending in check, the federal deficit dropped to $680 billion in fiscal year 2013, according to a Treasury Department report Wednesday that marks the first subtrillion-dollar deficit since President Obama took office.
President Obama on Monday nominated Wal-Mart's Sylvia Mathews Burwell to head the Office of Management and Budget, a job which places her at the epicenter of the budget wars between the White House and Congress.
"It ensures the continuation of critical services the American people depend on," she said in a blog post.