The Feds Have Some Big Plans For Your Tax Dollars

With a government shutdown looming (again), leaders in the House and Senate have agreed to a $1.3 trillion spending bill.  Once signed and sealed, the package will fund the government through September.

What’s in it?  Here are a few items:

  • It includes an additional 80-billion-dollars in defense spending – for a total of $160-billion.
  • An increase in domestic spending by $128-billion over the 2011 sequestration budget caps
  • More than $10 billion more toward infrastructure projects to improve highways, airports, railroads and bridges.
  • $1.6 billion in border security, which includes millions for 33-miles of new border fencing – not a concrete wall (though that was already authorized through the 2006 Secure Fence Act).
  • More than $2 billion in new money toward mental health and school safety programs.
  • What’s NOT included?  Protections for immigrants who were brought to the U.S. as children, something Democrats hoped to have in the bill.

Congress has to pass the spending bill by midnight Friday.  You can read the whole document HERE.

Source: CNBC

Photo:  Getty Images

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