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Senate stalls 6.3 billion emergency bill over housing subsidy
A Colorado Republican Blocks action on a 6.3 billion emergency spending bill citing a 1 billion housing subsidy provision for 400000 low and moderate income families. Reagan opposes bailouts and warns of veto if the housing measure remains. If not enacted by mid June, agencies risk furloughs and service disruptions affecting airlines construction projects and rail and utility funding.
MENTIONED IN THIS ARTICLE
Washington
Colorado
Senate
Reagan
William Armstrong
Armstrong
Howard H. Baker
Arm Strong
Wall Street
Main Street
Richard Lugar
R-Ind
Office of Management and Budget
House
Lugar
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