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Bill would end budget battles

– Top congressional negotiators Monday night released a bipartisan $1.1 trillion spending bill that would pay for the operations of government through October and finally put to rest the bitter budget battles of last year.

The massive measure fleshes out the details of the budget deal that Congress passed last month. That pact gave relatively modest relief to the Pentagon and domestic agencies from the deep budget cuts they would otherwise face.

The bill would avert spending cuts that threatened construction of new aircraft carriers and next-generation Joint Strike Fighters. It maintains rent subsidies for the poor, awards federal civilian and military workers a 1 percent raise and beefs up security at U.S. embassies across the globe. The Obama administration would be denied money to meet its full commitments to the International Monetary Fund but get much of the money it wanted to pay for implementation of the new health care law and the 2010 overhaul of financial regulations.

The 1,582-page bill was released after weeks of negotiations between House Appropriations Committee Chairman Harold Rogers, R-Ky., and Senate counterpart Barbara Mikulski, D-Md., who kept a tight lid on the details until its release late Monday. “This agreement shows the American people that we can compromise,” Mikulski said. .

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