Friday, March 17, 2006

House Passes $92B Spending Bill

The House has passed the emergency spending bill for the war in Iraq and Katrina recovery.
The House voted overwhelmingly today to give President Bush $92 billion more for Iraq and Gulf Coast hurricane relief, despite bipartisan worries about the ballooning costs of the war and the recovery effort.

In a releated event today, the Senate passed a $2.8 trillion spending plan for the budget year that begins Oct. 1
.
Of particular interest to me is, for now, the bill includes blocking Dubai-owned DP World from US ports.
The spending bill also includes, in defiance of Bush, a provision that would block Dubai-owned DP World from running or managing terminals at U.S. ports. That ban probably would not make it into the final bill now that the company has promised to sell its U.S. operations in the face of bipartisan congressional pressure.


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