The Senate reached agreement on a Continuing Resolution to fund the federal government, including reduced emergency funds — but without offsets — through November 18. This was a win for the Democrats, who preserved the principle of emergency funding without offsets.
|By: David Dayen Tuesday September 27, 2011 8:10 am|
|By: David Dayen Friday September 23, 2011 8:00 am|
The House of Representatives passed their continuing resolution to fund the government for the first part of fiscal year 2012, but the odds of a government shutdown increased because the House offset disaster relief funding, while the Senate opposes offsets.
|By: David Dayen Wednesday September 21, 2011 7:10 pm|
The House failed to pass a stopgap continuing resolution to fund the government today, as Democrats mostly held together to reject the bill, which included a cut to a clean vehicles loan guarantee program to offset disaster relief funding.
The reason that the minority Democrats had leverage at all was because House conservatives refused to vote for the stopgap bill, which funds the government for two months in Fiscal Year 2012 at the level of spending agreed to in the debt limit deal. Those 48 conservatives wanted to break the deal and cut spending to a lower level than the agreed-upon amount. And John Boehner couldn’t whip them to his side.
|By: David Dayen Tuesday September 20, 2011 3:20 pm|
What the Republicans are doing is saying that a natural disaster must cause government accounts to drop. It assumes there’s a finite amount of money available for spending, and if a hurricane blows through your house, someone else, in this case hybrid vehicle manufacturers, have to pay for it. Now, the Chevy Volt had nothing to do with the hurricane. But they’re bearing the burden for rebuilding after the storm.
This is completely unprecedented in the history of the nation and defies common sense; that’s why Reid is fighting it, to make sure it doesn’t become a new normal.
|By: David Dayen Thursday September 15, 2011 9:45 am|
The attempt to meet looming deadlines and avoid shutdowns of part (or all) of the government resembles the aftermath of a car wreck right now. It’s unclear whether the Senate can move the broken-down vehicles off the road in time to let the traffic move through.
|By: David Dayen Wednesday September 14, 2011 5:27 pm|
The fact that Schumer took this to the floor means that he obviously sees political opportunity here, but also that this is not a fanciful notion. We really could have another government shutdown threat on our hands.
|By: David Dayen Tuesday September 13, 2011 1:25 pm|
It was only a matter of time that the Republicans’ newfound desire to lower the volume and not take hostages to achieve their aims would fall apart. We apparently have gotten through the FAA authorization extension, the surface transportation extension, and the debt limit vote without incident, but things are starting to break down. John Boehner is looking to hold back some reserve of funds for the FY 2012 budget, in order to force policy changes:
|By: David Dayen Saturday September 10, 2011 10:10 am|
I think Republicans are showing themselves sensitive to criticism over hostage-taking, at least in the short term. It did damage to their party in the debt limit debate, and they’re wary of jumping into another fight of a similar ilk. The next hurdles to clear will be 2012 appropriations and surface transportation funding, both of which expire September 30.
|By: David Dayen Tuesday September 6, 2011 12:30 pm|
The White House estimates that Hurricane Irene caused $1.5 billion in damages, virtually assuring that they will have to ask for a disaster relief supplemental sometime in the next couple months.
|By: David Dayen Friday August 26, 2011 4:15 pm|
There’s also reason to suspect that the anti-regulatory environment Republicans seek has nothing to do with job creation or allowing business investment to take off, and everything to do with allowing corporations to run away with profits that they’ll pocket from being allowed to act with no controls on its behavior.