U.S. Congress OKs budget cuts; fights await
World BusinessApr 15, 2011
Record spending cuts win approval, on way to Obama for signing, but bigger deficit fights loomWASHINGTON (AP) ― Congress sent President Barack Obama hard-fought legislation cutting a record $38 billion from federal spending on Thursday, bestowing bipartisan support on the first major compromise between the White House and newly empowered Republicans in Congress.“Welcome to divided government,” sai