This morning, the Senate voted on and approved $94.5 billion in emergency spending for FY2006 to pay for wars in Afghanistan and Iraq and Hurricane Katrina Relief. The hotly contested bill, held up by, among other things, the president’s last-minute border-security funding request, was finally approved by the Senate after it caved in to demands from Bush that the bill not exceed $95 billion. On Tuesday, the House approved the conference report, and the bill is now ready for the president’s signature. Included in the measure: $70.4 billion for military spending; $19.8 billion for Katrina recovery efforts; $2.3 billion for flu pandemic planning; and $1.9 billion for the president’s border security initiative. Also in the bill is a provision which sets a Senate discretionary spending cap for FY2007 at $873 billion.