Senate panel boosts spending on IRS, Pell Grants

Published June 14, 2012 10:20pm ET



WASHINGTON (AP) — A Senate panel divided along party lines Thursday to approve legislation funding President Barack Obama’s health care and financial services overhaul laws and boosting spending on the IRS and Pell Grants for low-income college students.

The twin Appropriations Committee votes, 16-14, came on two spending bills for the budget year beginning Oct. 1, but there’s virtually no chance the measures — or any of the 12 annual agency spending bills — become law by then. They now go to the full Senate for consideration.

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