Christmas is coming a few days early this year…
WASHINGTON—A Senate deal to fund the federal government until early March doesn’t include money to enact the health-care overhaul or stepped up regulation of Wall Street, boosting Republican efforts to curb key elements of President Barack Obama’s domestic agenda.
Democrats last week sought $1 billion to expand federal agencies to cope with health-care demands as part of a proposed $1.1 trillion spending bill. That measure died after Senate Republicans closed ranks against it under pressure from conservative activists.
The doomed budget plan also included spending increases sought by Democratic leaders for two agencies granted new responsibilities by the Dodd-Frank financial-regulation law, passed in response to the Wall Street crisis of 2008-2009.
The $250 billion deal to pay for the government until March 4, which is expected to come to the Senate floor for a vote Tuesday, freezes spending for most government programs at 2010 levels. The deal is expected to clear the Senate and House before current government-spending authority expires that day.