Representative Paul Ryan and Senator Patty Murray announced a budget deal yesterday. The deal replaces $63 billion in sequester cuts over two years and cuts an additional $23 billion in long term deficits. The deal will restore defense spending. The funding comes from increased fees for air travel and cuts to federal worker pension programs.
|By: DSWright Wednesday December 11, 2013 6:55 am|
|By: DSWright Tuesday December 10, 2013 7:03 am|
It’s that time of year again, when important bills are quickly rushed through Congress and people are told there is no time to think about it. So it was yesterday that the final version of the Defense Bill was unveiled with backers telling everyone there is no time to debate.
|By: Phoenix Woman Sunday December 8, 2013 8:00 pm|
Who could have predicted that the GOP’s Suicide Caucusers, the same people who signed the Meadows Letter, the same people who started planning the October 2013 shutdown nine months earlier, would be stupid enough to try it again?
Well, me, for one.
|By: Attaturk Monday September 30, 2013 1:30 am|
Well “open meltdown” is an interesting tactic. But I guess it just goes with the program.
|By: DSWright Tuesday September 24, 2013 6:47 am|
Senator Ted Cruz’s plan to filibuster attempts to modify the House Continuing Resolution bill to include funding for Obamacare will not be supported by GOP Senate leaders. Without the support of fellow Republicans a filibuster would become impossible to sustain and the Democratic majority in the Senate will therefore be able to amend the House CR to include funding for Obamacare.
|By: DSWright Monday September 23, 2013 6:41 am|
Last week the Republican controlled House passed a continuing resolution that funded all parts of the federal government minus Obamacare. The bill is likely to be killed in the Senate and even more likely to be vetoed by President Obama. But as the bill moves to the Senate, two Senators – Mike Lee and Ted Cruz – have apparently bucked Senate GOP leadership and promised to filibuster any bill that would strip out the defund Obamacare provision of the House bill. Needless to say GOP leadership in the Senate was not thrilled and according to Fox News Host Chris Wallace GOP leaders are sending out opposition research on Cruz.
|By: DSWright Friday September 6, 2013 8:41 am|
While pinning down an exact number is difficult, especially as the target list is expanding, there are some initial projections on the potential costs of President Obama’s attack on Syria. The Congressional Research Service analysis puts the cost as high as $12 billion for a year’s operation citing estimates by General Dempsey, chair of the Joint Chiefs of Staff.
|By: WI Budget Project Saturday August 31, 2013 12:30 pm|
Workers in Wisconsin and across the U.S. must still cope with a relatively weak labor market. That is especially challenging for low-wage workers who are struggling with the declining value of the minimum wage, reductions in employer benefits like health care, and growing inequality. Those challenges are exacerbated in Wisconsin by budget decisions made by state lawmakers.
|By: Dean Baker Friday July 19, 2013 5:00 pm|
That is a serious question. What are newspapers, radio and television stations, and Internet sites trying to accomplish when they report on the budget?
|By: Jon Walker Friday June 28, 2013 4:00 pm|
While Washington failed to reach the so-called “grand bargain”, it did end up passing a series of significant small deficit reduction bills. Combined with the fact that public health care spending has slowed noticeably over the past several years, the projected long term deficit now appears relatively manageable. Our projected long term deficit has improved remarkably.