E&E Daily headlines —

SPOTLIGHT

1. BUDGET

Crisis averted, spending deal fallout begins

A sweeping fiscal overhaul that ties upward of $2 trillion in spending cuts to a debt-ceiling increase is poised to become law today, leaving liberals licking their wounds and the GOP declaring victory in the White House's loss of a high-profile fight to roll back oil industry tax breaks. The House approved the debt deal, 269-161, with 95 liberals and 66 conservatives breaking from their leaders to vote no. Senate passage and presidential approval are expected today, though energy and environmental agencies and the interests that track them are only beginning to digest how the coming slashes would affect their priorities. Among environmentalists, the reaction ranged from wincing to outrage.

ON THE HILL

Upcoming markups and hearings

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