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House passes one-week spending bill; Obama says he will veto

From NBC's Luke Russert
The House just passed a temporary one-week spending bill that would fund the government for another week, fund the Pentagon through the rest of fiscal year 2011, and cut $12 billion in spending.

The vote was 247-181.

The White House has threatened to veto this bill if it comes to the president's desk, and Senate Majority Leader Harry Reid called it “a nonstarter” this morning.