Budget plans imploding, Congress is heading home

Published August 2, 2013 1:10am ET



WASHINGTON (AP) — Leaving piles of unfinished business for the fall, Congress began exiting Washington Thursday for a five-week vacation with its accomplishments few, its efforts at budgeting in tatters and its collective nerves frayed by months of feuding.

The House’s chief accomplishment for the week was a bipartisan Wednesday vote to deal with spiking student loan interest rates, readying that legislation for President Barack Obama’s signature. But that bit of progress came the very day that a Republican strategy of embracing painful automatic budget cuts imploded with the collapse of a major transportation and housing bill.

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