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Wednesday, March 2, 2011

Senate to send Obama a stopgap GOP spending bill

WASHINGTON – The Democratic Senate is about to send President Barack Obama a Republican measure that cuts $4 billion in spending as the price for keeping the government open for an additional two weeks.

The Senate vote comes a day after the legislation won sweeping bipartisan support in the House.

The bill buys time for difficult negotiations on a follow-up bill to set spending levels through the Sept. 30 end of the fiscal year.

The $4 billion in savings comes from some of the easiest spending cuts for Congress to make, hitting accounts that Obama already has proposed eliminating and reaping some of the money saved by earlier moves by Republicans to ban lawmakers from "earmarking" pet projects back to their districts and states.

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