Wednesday, October 1, 2008

Bush Signs Spending Bill That Includes Auto Loans

Bush Signs Spending Bill That Includes Auto Loans
Last Edited: Wednesday, 01 Oct 2008, 3:51 AM MST
Created: Wednesday, 01 Oct 2008, 3:51 AM MST

WASHINGTON -- President Bush has signed a sprawling, stopgap spending bill to keep the government running for the next 12 months.

The president's Tuesday move, which came on the last day of the government's budget year, was expected even though the measure spends more money and contains more pet projects than he would have liked. The legislation is one of the few bills this election year that simply had to pass.

The $630 billion-plus spending bill wraps together a record Pentagon budget with aid for automakers and natural disaster victims, and increased health care funding for veterans returning from Iraq and Afghanistan.

The measure also lifts a quarter-century ban on oil drilling off the Atlantic and Pacific coasts, a victory for Bush and fellow Republicans.



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