April 17, 2014 SIGN IN | REGISTER

Budget Archive

Labor-HHS Bill Managed From the Exit Ramp

The prospects for a Labor-HHS-Education spending bill will depend a great deal on the determination and involvement of two subcommittee chairmen, Sen. Tom Harkin and Rep. Jack Kingston, who both are heading for the exit door at the end of the year.

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Gray Undecided on Controversial Scholarship Program

Despite opposition from Del. Eleanor Holmes Norton, D-D.C., District leaders advanced a plan to create a new need-based scholarship program funded by the city.

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Expanded EITC May Offer New Lessons in Labor Economics

The White House decision to include an expansion of the earned income tax credit in its fiscal 2015 budget proposal added to the growing attention the credit has gained this year as lawmakers and policymakers search for ways to address the country’s widening income gap.

New York Provides EITC Test Case

Obama administration staffers working on the president’s proposal to double the earned income tax credit availability to single childless workers could take a lesson from New York City, which last year launched a pilot program to do just that.

Boehner, GOP Dismiss Obama Budget, While Murray Sees Potential Compromises

The instant-reaction kabuki of party leaders to the president’s budget announcement has a certain predictable nature, and this year was no different.

Obama's $3.9 Trillion Budget Takes More Realistic Approach

President Barack Obama’s budget for fiscal 2015 is perhaps his most realistic to date. Grand bargains are out. Grand new proposals are out, too.

Murray Says Senate Won't Move 2015 Budget Resolution

Senate Budget Chairwoman Patty Murray confirmed Friday that the Senate will not move a fiscal 2015 budget resolution even as House Budget Chairman Paul D. Ryan began meetings with fellow Republicans aimed at crafting a House tax and spending blueprint for the fiscal year starting Oct. 1.

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For Budgeting, Tough Accounting for 'Gimmicks'

Assessments of a proposal by Senate Democrats this month to offset the cost of extending emergency unemployment benefits by temporarily reducing companies’ pension payments won rare agreement from the right and the left.

CBO Advises Retreat on War Spending

The Congressional Budget Office’s dismissal of a legislated cap on war spending marks a rare case in which the nonpartisan research arm of Congress effectively tossed out an offset as essentially mistaken accounting.

Debt Ceiling: Return the Power of the Purse to Congress | Commentary

Treasury Secretary Jacob J. Lew is now saying Congress will have to act to raise the nation’s debt limit by the end of this month. That’s a big shift from the last time the debt ceiling was raised, three and a half months ago. Then, the Congressional Budget Office predicted we’d have enough money till June. But no. Thanks to Washington’s addiction to out-of-control spending, the money will be gone by March.

Solutions to the Retirement Problem, Compared

It can be hard to keep track of all the various retirement security proposals proposed by lawmakers and think tanks over the past few years. Here is a list of a few of the major aspects of some of the proposals.

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As 'Retirement Gap' Concerns Reach Across Partisan Divide, Senators Propose Savings Solutions

When President Barack Obama introduced a new retirement savings plan during his State of the Union speech last month, the Republican response was uncharacteristically muted. Although Republicans were upset about the president’s new reliance on executive authority to push his agenda, they had few harsh words about the details of the retirement idea.

Budget Cuts to Congress Are Real, Not 'Gimmicks' | Commentary

With little fanfare and much sacrifice, a small entity within the federal government has made significant cuts to its own budget. The cuts have required an already underpaid and overtaxed workforce to develop creative solutions to continue to deliver high-quality services to key stakeholders with even fewer resources. The mainstream media has largely ignored this unprecedented budgetary reduction, and the federal entity’s leaders have foregone even a modicum of self-congratulation for the effort, while the employees have been nearly universally silent on the impact. This workforce is the U.S. Congress.

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Chambers Consider Reversing Defense Pension Cuts

Both Congress and the Pentagon oppose a cut to military pensions contained in last year’s bipartisan budget deal, but the rush to legislative action underscores a potentially big problem for the military: There is deep reluctance on Capitol Hill to make cost-saving changes to the military’s increasingly expensive benefits and compensation system.

Pentagon Struggles to Find Solution to Soaring Health Costs

Even as the Defense Department’s budget grew at historic rates during the height of the wars in Iraq and Afghanistan, Pentagon officials began to voice concerns that the military’s rising health care costs would threaten other spending priorities.

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Cruz Does Boehner No Favors

After championing the Affordable Care Act defunding strategy that led to the government shutdown in October, Sen. Ted Cruz continues to do Speaker John A. Boehner no favors — and some of Boehner’s allies think the tea party Texan should mind his own business.

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Lawmakers Seek Investments to Make Bicycle Commuting Safer

As cycling to work becomes more popular, it also is getting more dangerous — and a lawmaker is proposing to address the problem by dedicating new funding for construction of infrastructure for bicyclists and pedestrians.

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Former Appropriator Decries 'Arrogant,' 'Offensive' Treatment

Although some young appropriators say they are seeing their conservative views respected on the House spending panel, one former member said that was not her experience on the committee.

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Conservatives' Goal Is a 'Disappropriations' Panel

A Capitol Hill adage states that there are three political parties in Congress: Democrats, Republicans and appropriators. Members of the Appropriations committees have been the ultimate deal-makers, traders working with the flow of federal funds and the last word for agencies and lawmakers looking to advance programs — and spending — across the country.

Liberal Democrats Seek to Extend Benefits Mandates

Liberal Democrats are looking to beef up benefits for part-time workers who face hurdles in finding full-time gigs in a sluggish economy.

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