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
TheStreet Open House

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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,452.65 +52.98 0.32%
S&P 500 1,904.01 +17.25 0.91%
NASDAQ 4,316.0740 +57.6360 1.35%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs