Are we entering a new era in federal budgeting?

Interview transcript: Terry Gerton Well, it was a busy week in Congress last week. Let’s start with the rescission bill, the one that got passed, $ 9 billion minus the $ 400 million that went to [the President’s Emergency Plan for AIDS Relief]. What did you hear as that was going through the process? Loren Duggan That was a bill that was very partisan, and it was backed by Republicans. There were a couple of defections in the Senate, notably Susan Collins (R-Maine) and Lisa Murkowski (R-Alaska), but that bill…

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