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The House's Budget Bill Cuts Earmarks, but Spending Will Be Going Up Anyway
Jeff Luse | 3.12.2025 3:19 PM
The House of Representatives passed a continuing resolution (C.R.) on Tuesday to keep the government funded through September. The measure now heads to the Senate, where its fate is uncertain, although some Democrats appear to be ready to support the bill to avert a government shutdown.
The C.R. keeps most federal programs funded at FY 2024 levels, excluding defense spending, which will receive a $7 billion boost. A few notable energy and environment programs will receive funding cuts, including the Department of Energy's Loan Programs Office (LPO), which will see its budget fall from its FY 2024 level of $70 million to $55 million. Created in 2005 to fund first-of-its-kind energy projects, the program's lending authority spiked under the Biden administration—jumping from $17 billion in 2021 to more than $400 billion in 2024. With a........© Reason.com
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