budget

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Obama Snubs GOP, Ditches Social Security Cuts

Olive branch to Boehner is rescinded

(Newser) - President Obama is done playing nice with the budget. The White House will be ditching a proposal to curtail Social Security cost-of-living increases, along with other policies that he included last year in an attempt to reach out to Republicans, the Wall Street Journal reports. "This year, the administration...

GOP Joins as Budget Clears 1st Senate Vote, 67-33

Deal should pass Senate no later than tomorrow

(Newser) - Conservatives still don't love the bipartisan budget deal passed by the House last week , but as expected, it advanced in the Senate today after a number of Republican senators declared their support. In some cases, their quite tepid support: The deal "isn’t everything I’d hoped it...

Why the USDA Hastily Spent $144K on Toner Cartridges

Government agencies have to 'use it or lose it' by tomorrow

(Newser) - Congress is still squabbling over next year's federal budget, but government agencies only have until tomorrow to spend as much of this year's budget as possible before that money disappears. And so they are. Yep, it's "use it or lose it" season in DC, reports the...

It's Shutdown Week, and Nobody Trusts Anybody

Your guide to the next round in Washington's endless fiscal wars

(Newser) - Washington has eight days left before the continuing resolution funding the government runs out, and this latest round of brinksmanship might be the worst yet, for a simple reason: None of the major players like or trust each other anymore, the Hill observes. Here are the relationships at play:
  • President
...

Obama Budget Leaves GOP With 'No Excuses'

Ezra Klein: White House aims to expose Republican 'intransigence'

(Newser) - President Obama's budget proposal is the latest move in his administration's "systematic" effort to expose flimsy GOP excuses for government inaction, writes Ezra Klein in the Washington Post . Republicans had complained that Obama didn't extend a hand to them; now, he's constantly meeting with them....

Obama Sends $3.8T Budget to Congress
 Obama Sends 
 $3.8T Budget 
 to Congress 
UPDATED
Apr 10, 2013 10:50 AM CDT

Obama Sends $3.8T Budget to Congress

Seeks 'grand bargain' with cuts, taxes that rile both Dems, GOP

(Newser) - President Obama's budget plan for fiscal year 2014 is en route to Congress. Seeking to slash the deficit, it contains a mix of tax hikes on the wealthy and cuts to government programs—including entitlements—that is upsetting both sides of the aisle, the AP reports. "I have...

Why the Left Hates 'Chained CPI'

Obama's proposed Social Security changes are not popular with liberals

(Newser) - President Obama is making some concessions to Republicans in his new budget, and there's one that has particularly rankled the Democrats' ranks, reports MSNBC : A proposal to change the way Social Security benefits are determined by linking it to something called "chained CPI." So what is it...

Obama Budget to Offer GOP a Spoonful of Sugar

Medicare, Social Security cuts 'demonstrate willingness to compromise': NYT

(Newser) - Obama's personal salary isn't the only figure the president plans on cutting this year. A new budget set to be released next week proposes cuts to Medicare and Social Security. It's a deficit-reducing olive branch to the GOP, and the administration says it will lead to...

US Might Try to Catch an Asteroid

Plan would bring million-pound rock close enough for exploration

(Newser) - President Obama's budget proposal will include funds for a wild plan to use a robotic spacecraft to snag an asteroid and drag it close enough to Earth for astronauts to land on and study it, Aviation Week reports. The project, as dreamed up in a study last year by...

Senate Passes First Budget in 4 Years, 50-49

Calls for $975B in new taxes over decade

(Newser) - The Senate gave pre-dawn approval today to a $3.7 trillion budget for next year that embraces nearly $1 trillion in tax increases over the coming decade but shelters domestic programs targeted for cuts by Republicans in the House. It's the first budget the Democratic-run Senate has approved in...

Obama&#39;s Problem Is With Democrats
 Obama's Problem 
 Is With Democrats 
John Boehner
Mar 14, 2013 10:50 AM CDT

Obama's Problem Is With Democrats

John Boehner complains that Obama isn't offering concessions, wants leadership

(Newser) - "So it was a good meeting." That's how John Boehner begins his op-ed in the Washington Post today, in reference to yesterday's face-to-face with President Obama . But it wasn't that good. "While this may have been the first time some of my colleagues have...

Senate Dems Blow Off Obama's Budget Wish List

Leadership struggling to pass spending bill

(Newser) - As they rush to pass a continuing resolution to fund the government, one might imagine that Senate Democrats would heed President Obama's requests for funds for health care or Wall Street reform, but that's not exactly the case. Republicans didn't include those things in the House budget,...

Democratic Whip on Hill: 'We're Doing Stupid Things'

Steny Hoyer sums things up on Capitol Hill

(Newser) - Democratic leaders say they won't try to block a GOP spending bill to fund the government, despite taking issue with its contents. "We're not whipping at this time," Democratic Whip Steny Hoyer told reporters, according to the Hill and Politico . The reason? Because Democrats don't...

The Sequester Has Arrived
 Sequester Day 
 Has Arrived 
Mar 1, 2013 7:29 AM CST

Sequester Day Has Arrived

At some point today, Obama will have to initiate the cuts

(Newser) - Happy sequester day, America. By 11:59 tonight, Barack Obama will have to formally notify federal agencies that it's time to start implementing across-the-board cuts, barring a last-minute deal that at this point seems wildly improbable. While Congressional leaders will meet at the White House today, there's so...

Congress: We're Not Avoiding Cliff Cuts

Democrats considering putting them off again, but many skeptical deal will emerge

(Newser) - Washington is bracing itself for a sweeping, painful set of across-the-board spending cuts, because lawmakers doubt they'll be able to come up with a deal to avert them, the Washington Post reports. While proposals are in the works to avert what's known as sequester, party leaders don't...

Washington's Next Brawl: Senate's Budget Plan

Schumer: A 'great opportunity' for new revenues

(Newser) - So the fiscal cliff battle is over, and House Republicans look ready to approve a debt-ceiling increase through March. But taxes aren't out of the spotlight: Now, the stage is set for a tussle over Senate Democrats' budget blueprint, which Dems like Charles Schumer are calling "a great...

House to Vote on 3-Month Debt Ceiling Bump

But they'll demand that Senate pass budget in exchange

(Newser) - House Republicans have decided to vote on a bill to raise the debt ceiling for three months—provided the Senate agrees to pass a budget by the April 15 statutory deadline, John Boehner announced in his closing remarks for his caucus's three-day Williamsburg retreat. "Before there is any...

Obama Kicks Off Fiscal Cliff Talks

Boehner, Obama to be main movers and shakers in negotiation

(Newser) - Barack Obama officially kicked off fiscal cliff talks today, hosting a meeting with John Boehner, Nancy Pelosi, Harry Reid, and Mitch McConnell at the White House, the Washington Post reports. Americans "want to see that we are focused on them, not on our politics here in Washington," the...

Romney&#39;s Real Foe: This Guy
 Romney's Real Foe: This Guy 
Ezra Klein
Oct 18, 2012 1:58 PM CDT

Romney's Real Foe: This Guy

Ezra Klein: His policies are depressingly similar to George Bush's

(Newser) - Romney's biggest problem this election season isn't Barack Obama; it's George W. Bush, argues Ezra Klein at Bloomberg . It's Bush, not Obama, "who has made voters skeptical of many of Romney's core policies." Yet when asked directly how he contrasted with Bush at...

Congress Returns, Plans to Do Bare Minimum

Expect six-month budget extension, little else

(Newser) - Congress is back in Washington for a brief pre-election session, and you know what that means: dithering, finger-pointing, and inaction! Despite the so-called "fiscal cliff" looming in January, Congress intends to do as little as possible this session, most likely voting only on a six-month stopgap budget that will...

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