FY 2011

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(Washington, DC)—Today, the House and Senate cleared the fiscal year 2011 spending compromise. President Obama is expected to sign the bill into law. The fiscal 2011 spending bill (HR 1473) would provide $1.055 trillion in discretionary funding, $39.9 billion less than in fiscal year 2010—the largest annual reduction in U.S. history. The total includes $12 billion in cuts already agreed to in three other continuing resolutions (PL 112-4, PL 112-6, PL 112-8). 

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