cq-budget-podcast

Debt limit talks pick up pace and tax credit bonanza
CQ Budget podcast, Episode 118

Speaker of the House Nancy Pelosi, D-Calif., is supporting congressional efforts to raise the debt limit before the summer recess. (Photo By Bill Clark/CQ Roll Call)

With new warnings that the U.S. could run out of money to meet its obligations, Congress and the Trump administration are racing to raise the debt limit before lawmakers head home for August, says CQ Roll Call’s appropriations reporter Jennifer Shutt. And tax reporter Doug Sword explains how oil refiners could get up to a $10 billion windfall with an expired tax credit unless Congress intervenes.

Why there's no Senate spending plan as deadline nears
CQ Budget podcast, Episode 117

Senate Majority Leader Mitch McConnell, R-Ky., left, and Senate Appropriations Chairman Richard Shelby, R-Ala., are two key players in how the chamber will deal with fiscal year 2020 spending. (Photo By Tom Williams/CQ Roll Call)

Financial Services bill loaded with hot-button issues may signal trouble ahead
CQ Budget Podcast, Episode 116

Rep. Tom Graves, R-Ga., succeeded in passing a Motion to Recommit that supported sanctions against Iran. (Bill Clark/CQ Roll Call)

House Democrats passed the Financial Services spending bill that includes some controversial provisions, says CQ Roll Call’s banking reporter Jim Saksa. Those include blocking money for a border wall, increasing funding to enforce sanctions on Iran and allowing the District of Columbia to fund abortions.

The Democrats’ tax package explained
CQ Budget podcast, Episode 115

Rep. Richard Neal, D-Mass., who wants to extend fully refundable child tax credit to lower-income households, has long complained that the GOP's quick passage of the 2017 tax overhaul led to errors. (Caroline Brehman/CQ Roll Call)

The politics behind spending limit negotiations
CQ Budget Podcast, Episode 114

House Budget Chairman John Yarmuth, D-Ky., said Democrats would be open to a one-year spending deal, but acknowledged it might create problems for getting another deal during an election year. (Caroline Brehman/CQ Roll Call file photo)

Democrats’ Spending Bill Strategy
CQ Budget Podcast, Episode 113

House Majority Leader Steny Hoyer, D-Md., says he'd like to have all 12 spending bills done by the end of June. (Bill Clark/CQ Roll Call file photo)

House Democrats are packaging spending bills with the aim of completing all 12 by the end of the month, a goal that is likely to generate a lot of policy debates and amendments, explains Jennifer Shutt in this episode of the CQ Budget podcast. The first package contains five bills including the two largest, Defense and Labor-HHS-Education.

Ex-CBO director knocks GOP on Obamacare and Congress for rising deficits
CQ Budget Podcast, Episode 112

Keith Hall, the former director of the Congressional Budget Office, wants Congress to deal with the rising deficit and faulted the process Republicans followed to repeal Obamacare. (Tom Williams/CQ Roll Call File Photo)

In an usually candid interview with CQ Roll Call's budget reporter Paul Krawzak, the recently departed Congressional Budget Office director Keith Hall said the often secretive process the Republicans followed defeated their effort to repeal Obamacare. He also urged Congress to deal with the rising deficits that will fall on the backs of younger Americans, saying that in the coming decade 50 percent of federal funding will be spent on just 20 percent of the population -- people who are 65 and older.

Show Notes:

House to consider disaster aid again after GOP Rep. Roy deals setback
CQ Budget Podcast, Episode 111

Rep. Chip Roy, R-Texas, left, listens during the House Oversight and Reform Committee markup on April 2, 2019. Roy blocked the disaster aid package from passing in the House Friday. (Bill Clark/CQ Roll Call)

Taliban money and fighter jets at issue in Pentagon's $690 billion bill
CQ Budget Podcast, Episode 110

U.S. Marine Corps F-35 Lightning II Joint Strike Fighters from Naval Air Station Pensacola, Fla. fly off the coast of Northwest Fla. May 15, 2013, off the coast of Northwest Florida. (U.S. Air Force photo by Master Sgt. Donald R. Allen/Released)

House appropriators this week will take up the biggest of the 12 annual spending bills, the $690 billion Pentagon measure that includes some prickly issues such as funding for Taliban expenses for peace talks with the U.S. and money to give the Pentagon more F-35 fighter jets than it requested, says CQ Roll Call's senior defense reporter John M. Donnelly. He lays out what is likely to happen to the measure that assumes higher spending levels for fiscal 2020.

Stalemate over disaster aid frustrates states
CQ Budget Podcast, Episode 109

Relief for Puerto Rico after deadly hurricanes is among the issues hanging up a broader disaster aid package in Congress. (Angel Valentin/Getty Images)