Big spending measure set for House vote amid deficits
The House moves a 1.1 trillion, 1,088 page compromise bill combining 447 billion in operating budgets for 10 cabinet agencies and over 600 billion for federal benefits with more than 5,000 locally requested projects. The package would advance to the Senate before Obama’s signature.
MENTIONED IN THIS ARTICLE
Washington, D.C
House
Senate
Barack Obama
Rep
Jerry Lewis
California
George W. Bush
Exports rise for sixth straight month boosting recovery
The Commerce Department reports exports of U.S. goods climbed for a sixth consecutive month, lowering the trade deficit to 32.9 billion dollars in October. Analysts note weaker oil imports and stronger overseas demand, with Caterpillar predicting higher sales next year due to China and other Asian markets.
MENTIONED IN THIS ARTICLE
Washington, D.C
U.S
Caterpillar Inc
David Resler
Nomura Securities
Resler
Commerce Department
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