Two Agencies To Get Budget Increases

Two independent agencies would see budget increases next year under a bill approved by the Senante Appropriations Committee. The panel recommends a 19 percent hike for the Securities and Exchange Commission and an 18 percent hike for the Commodity Futures Trading Commission. No Republican on the Appropriations committee voted in favor. Meanwhile, the committee approved a four percent cut for the IRS and a three percent cut for NASA.