Jan. 26, 2015 SIGN IN | REGISTER

Budget Archive

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Obama's Capital Gains Tax Plan Would Hit Hill's Richest, Spare 2016 Aspirants

President Barack Obama pitched his proposal to increase the top capital gains and dividend tax rate to 28 percent from 23.8 percent as part of a simpler, fairer tax code that would favor the middle class. The proposed tax increase is designed to fall on the wealthy.

Five Lessons as the 114th Congress Gets Started | Commentary

As the 114th Congress settles in and President Barack Obama finalizes his State of the Union address, the consequences of the midterm elections are becoming real in Washington. New leaders have taken control of every Senate committee and subcommittee and the chamber itself, and the dynamic is changing.

Republicans' Challenges Start With Economic News

In his inaugural speech as Senate majority leader, Kentucky Republican Mitch McConnell said he could see “a glimmer of hope” in new economic data showing a 5 percent annual growth rate in the third quarter of last year. This uptick, he said, coincided with “the expectation of a new Republican Congress” just before the November election.

GOP Heads to Joint Retreat With Coordination, Realism on Agenda

With hopes high for the new era of GOP majority control, House and Senate Republicans are headed off the Hill to plot a course for the party’s stymied legislative agenda.

Budget Reconciliation Through the Years

Congress has employed budget reconciliation to enact dozens of laws, addressing issues that range from tax cuts to student loans.

A Science and Technology Challenge for Congress | Commentary

When the 114th Congress convenes, it will find it has lost something of significance: much of its institutional memory about science and technology. And with the rest of the world making a strong play to topple America from its perch atop the innovation pyramid, that’s very troubling.

House Rule Change Would Force Long-Term Estimates for Major Bills

House Republicans are moving to increase the use of dynamic scoring through a rules change that would require long-term estimates of the economic effects of major legislation.

Congress Approving $721 Million for Syrian Rebels

Congress is in the process of allowing the Pentagon to spend nearly $721 million to recruit, train and equip a rebel army in Syria, and lawmakers have set strict limits on how the money can be spent, according to officials and documents.

Defense Authorization Set to Clear, But Spending Bill's Outlook Still Cloudy

Maintaining a tradition that has lasted more than half a century, the Senate is poised to clear for President Barack Obama’s signature Friday afternoon the annual defense authorization bill.

Ebola: Who Bears the Cost of Keeping Us Safe? | Commentary

The Ebola virus, which has now touched our shores and taken the lives of two victims in the U.S., is a threat lethal enough to demand full mobilization of our health care resources, which is what federal officials have urged. Consequently, hospitals in recent weeks have been arming themselves with the necessary knowledge, supplies and resources to confront the danger and ensure it is contained and managed skillfully.

GOP Haunted by Phantom Health Advisory Board

It seems cynical or pointless to kill a medical advisory board that doesn’t have any members and hasn’t issued a single recommendation. But in the caustic battle over President Barack Obama’s health law, Republicans are now asking the Supreme Court to do just that.

Ebola Drives Interest in More Biomedical Research

Lawmakers are using the Ebola outbreak to call for a broader investment in biomedical research and public health funding to avoid scrambling to respond to a specific disease.

Omnibus Expected to Include Funding to Fight Ebola

Appropriators are expected to include significant extra funding in an omnibus spending package to help agencies continue responding to the Ebola outbreak, but the final number will be less than President Barack Obama requested.

Lawmakers Want to Ensure That New Submarines Won't Sink Naval Budget

One option lawmakers are considering to pay for new missile submarines to replace the current Ohio-class fleet is to create a separate fund for the program outside the Navy’s main shipbuilding budget.

Price Pushes Plan to Separate Immigration Funding From Omnibus

House GOP leaders are likely to float a proposal in their conference next week to fund most government agencies through September 2015, while providing a shorter-term stopgap component for immigration-related programs and initiatives.

House GOP Eyes Rescission Bill in Standoff Over Immigration

House Republicans are casting around for some kind of spending compromise that would avoid a government shutdown, while still addressing the White House’s expected executive actions on immigration.

Our Election Mandate: Bring No-Nonsense Governing, Regularity to the Federal Funding Process | Commentary

“Elections have consequences” is an oft-used phrase following a watershed election, and given the large Republican gains in the Senate, House and in states across the country, this year has clearly been no exception. I believe a major “consequence” of this election is a loud and clear mandate from the American people for Washington to stop the gridlock, work together across ideological lines and start producing real accomplishments on their behalf.

Emergency Spending Requests Weighed in Omnibus Talks

White House emergency spending requests are taking a back seat to a debate about whether to use a wrap-up fiscal 2015 spending package to block executive actions on immigration.

As Time Runs Out, House Leaders Spar on Funding, Immigration

House GOP leaders are taking a wait-and-see approach as their conference has begun splitting into factions over how to fund the federal government and whether to bring immigration into the mix.

GOP Mulls Next CBO Director

Flush from their capture of the Senate, Republicans in both chambers are reviewing more than a dozen potential candidates to succeed Douglas W. Elmendorf as director of the Congressional Budget Office after his term expires Jan. 3.

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