Budgets

Obama Defends His Record on Gas Prices, Budget Talks and Libya

President Obama today rejected GOP criticisms that he has not done enough to address the rising price of oil and that his Administration had helped cause the spike by limiting domestic oil and gas production.

“Last year, American oil production reached its highest level since 2003,” Obama told reporters in a wide-ranging press …

The Third Rail

You wanna cut? We’ll show you cuts. That seems to be the new mantra Democrats have adopted in response to the GOP’s assault on spending. Dems this week have suggested expanding the debate from discretionary spending to taking on all of the sacred cows: farm subsidies, Medicare, Medicaid, taxes and the Pentagon. Well, almost all. What’s …

Senate Rejects Spending Bills

As predicted, the Senate this afternoon rejected both the House and Senate versions of a bill to fund the government for the rest of the fiscal year, sending negotiators back to the drawing boards.

The House version, titled House Resolution 1, or H.R. 1, failed 44-56 with three Republican senators voting against it from the right. The …

The Decline of the Cardinals

There used to be an old saying that in Washington there were actually three Parties: Republicans, Democrats and Appropriators. The House and Senate Appropriations Committees were so powerful that the subcommittee chairmen were dubbed “cardinals.” The committees were the most bipartisan on the Hill as both sides moved to protect each …

Cowboy Poetry

Senate Majority Leader Harry Reid took to the floor this morning to yet again rail against the House’s 2011 omnibus bill. He listed a number of the bill’s evils.

The last few days I’ve come to the floor and explained at length the damage that this Tea Party plan would do on the short term and on the long term. Let me now just again

A Food Fight In the Budget Debate

One of the most overlooked rifts in Washington’s budget debate is the escalating food fight. In the last two years, the U.S. has endured everything from salmonella-contaminated tomatoes to Chinese milk laced with melamine, a potentially lethal ingredient used to make plastic. House Republicans, in their sweep to enact billions in cuts to …

Here We Go Round the Mulberry Bush

The Senate tomorrow is scheduled to begin deliberations on the long-term omnibus to fund the government for the rest of the year. In an example of why this will surely take longer than two weeks to decide, Dems aren’t even sure they can dispense with votes on both the House and Senate versions until Friday – even though every one …

Anteing Up in the High Stakes Game of Cutting Spending

For any kind of camel trader, used car salesman or politician the first bid in a negotiation is rarely the number they actually expect to get. Some suckers may agree to pay that price, but most people bargain. House Speaker John Boehner’s first bid was $32 billion in cuts, a number his freshmen laughed at. They jacked their bid up to …

Shut Down Averted, Now What?

Updated

Stop the presses! The federal government won’t shut down on Friday!! Okay, for anyone paying even a modicum of attention to the news in the last week, this shouldn’t come as much of a shocker. But, the two-week deferral passed by the Senate today 91-9 does nothing to bridge the $60 billion gap between the two chambers. So, …

Five Members of Congress to Watch In the Budget Showdown

The House is expected to pass a stopgap measure on Tuesday to fund the government for the next two weeks while House and Senate negotiators work on a longer-term solution. Senate Democrats are still mulling over whether they want to pass the House bill or send it back with amendments, but it’s looking likely that something will pass …

Boehner & McConnell’s Secret Plan to Avert a Shutdown

House Speaker John Boehner and Senate Minority Leader Mitch McConnell have been working behind the scenes to draft a two-week stopgap measure to avert a government shutdown that would include $4 billion in immediate cuts, according to House and Senate GOP aides.

The House would move first – the Rules Committee could meet as early as …

Shutdown Doublespeak

House and Senate leaders seem to be speaking over each other rather than to one another in the debate over spending cuts that could shutdown the government on March 4 – not a good sign.

 

House Speaker John Boehner today reiterated his position that the Senate take up the 2011 spending bill passed by the House early Saturday. …

  1. 1
  2. ...
  3. 10
  4. 11
  5. 12
  6. ...
  7. 18