This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

How Congress divides up $1.1 trillion in spending

a¿¿Health research: $29.9 billion for the National Institutes of Health, $1 billion more than the final amount provided for last year.

a¿¿Abortion: No new restrictions on federal funding. Continues existing prohibitions against funding most abortions, bars financing abortions for federal prisoners and public financing for abortions in the District of Columbia.

a¿¿Guantanamo: Prohibits transferring detainees from the American naval prison in Cuba to the United States.

a¿¿Transportation: No money for high speed rail, an Obama-backed initiative. The Federal Aviation Administration's $12.4 billion budget is nearly $200 million below last year but allows full funding for air traffic controllers and safety inspectors.

a¿¿Domestic security: Holds Transportation Security Administration budget to $4.9 billion, more than $200 million below last year. Limits that agency to having 46,000 full-time screeners. Slight increases for Immigration and Customs Enforcement, including $2.8 billion a¿¿ nearly $200 million more than Obama's request a¿¿ for detention and removal of immigrants in the U.S. illegally.

a¿¿Internal Revenue Service: Reduces its budget to $11.3 billion, $500 million below last year's level. Provides none of the $440 million Obama wanted to help the agency enforce the health care law. In response to the agency's admission last year that it targeted conservative groups for extra scrutiny, bars the IRS from focusing on organizations due to their ideological beliefs. After reports of costly IRS training conferences, requires agency reports on training and bars spending for inappropriate videos.

a¿¿Financial agencies: Nearly $1.4 billion for the Securities and Exchange Commission, which is $324 million below Obama's request. Small Business Administration budget also reduced.

a¿¿Environment: $8.2 billion for the Environmental Protection Agency, slightly below last year's enacted level. Contains language exempting livestock producers from greenhouse gas regulations, requiring EPA to report to Congress on its climate change programs. Includes more than Obama requested for some clean water projects.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs