Stories by Paul M. Krawzak:
July 29, 2014
At 40 years of age, the federal Budget Act bears the scars of fiscal battles dating from the Nixon administration, but its influence over legislation and spending has grown and deepened in ways that its authors couldn’t have imagined.
June 4, 2014
For Democratic lawmakers who were hesitant to sign onto the sweeping 2010 health care law, one of the most powerful selling points was that the Affordable Care Act would actually reduce the federal budget deficit, despite the additional costs of extending health insurance coverage to the uninsured.
March 28, 2014
The House budget resolution that has served as a manifesto of Republican Party principles in the past three years is about to get still more conservative.
March 27, 2014
Some lawmakers and experts dispute the notion that a new budget resolution laden with conservative policies would be a drag on GOP electoral prospects, arguing it may help Republicans energize their base amid the typical low turnout of midterm elections.
Feb. 28, 2014
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.
Feb. 21, 2014
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.
Feb. 21, 2014
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.
Jan. 24, 2014
Fresh off a budget deal triumph, Sen. Patty Murray may be tempted to use her seniority to leave the Budget Committee chairmanship next year to succeed retiring Sen. Tom Harkin as chairwoman of the Health, Education, Labor and Pensions Committee.
July 19, 2013
Although he is relatively new to the Senate and to politics, Wisconsin Republican Ron Johnson is making waves on budget issues. Over recent months, the tea-party-backed conservative has emerged as the numbers point man for a group of GOP senators who are holding private deficit reduction talks with White House Chief of Staff Denis McDonough and other administration officials.
July 19, 2013
A tea party favorite whose election to the Senate in 2010 marked his entry into electoral politics, Ron Johnson has displayed a genial demeanor that’s won friends on Capitol Hill even as he’s remained committed to the tough deficit-cutting talk that helped bring him to Washington.
July 1, 2013
Senate Budget Chairwoman Patty Murray wants Republicans to engage in budget negotiations to replace the sequester before the August recess, saying bipartisan talks provide the only way for the parties to agree on higher defense spending levels.
June 14, 2013
The aging of the American population is a decidedly different story from region to region.
June 14, 2013
When Congress created Medicare in 1965 to handle the health care needs of the older population, less than 10 percent of Americans were old enough to collect Social Security and the new medical benefit.
March 19, 2013
The White House said Tuesday that Jeffrey D. Zients, reportedly a candidate to become the new U.S. trade representative, will remain as acting director of the Office of Management and Budget until the Senate confirms a new director.
March 12, 2013
House Budget Chairman Paul D. Ryan unveiled a fiscal 2014 budget plan Tuesday with an aggressive aim to erase the deficit in 10 years by cutting projected spending by some $4.6 trillion and calling for politically contentious changes in federal laws, including eliminating the 2010 health care law and overhauling the tax code.
March 6, 2013
House Budget Chairman Paul D. Ryan says he won’t have to make dramatic changes to the plan Republicans passed out of the House last year to bring the federal budget into balance in 10 years, in part because of improved economic circumstances and the tax increases that Congress approved this year.
Feb. 26, 2013
Some Republican lawmakers, raising new alarms over the effects of automatic spending cuts on defense, are opening the door to new revenue with only days to go until the sequester hits, in contrast with widespread opposition to additional taxes among most in the GOP.
Feb. 22, 2013
Budget expert Maya MacGuineas concedes that baselines and deficit and debt projections can be boring and arcane.
Feb. 22, 2013
Last year, when lawmakers wanted to plot the possible future course of government spending and taxation, they could look at the Congressional Budget Office’s regular baseline or its alternative fiscal scenario.
Feb. 5, 2013
The Congressional Budget Office, setting new terms for the coming budget debate in Washington, projects that the fiscal 2013 budget deficit will shrink to $845 billion under current law to its lowest level as a share of the economy since 2008.
Feb. 4, 2013
Budget day came without a fiscal 2014 budget proposal on Monday, but congressional Republicans didn’t let the occasion go by without a sharp attack against the White House on its priorities and its inability to complete a federal spending plan by the required deadline.
Jan. 9, 2013
The deadline has not yet been missed, but Republicans are already jabbing at the White House in anticipation that President Barack Obama’s fiscal 2014 budget proposal is likely to be several weeks late.
Jan. 8, 2013
The Obama administration’s fiscal 2014 budget is widely expected to arrive late on Capitol Hill, possibly not until sometime in March, primarily as a result of uncertainty created by fiscal cliff negotiations.
Dec. 29, 2012
Congressional negotiators raced Saturday to write a compromise fiscal package that would limit the effect of tax increases due to take effect Jan. 1 while pushing many important decisions about the federal budget into the new year.
Dec. 27, 2012
The return of the House on Sunday puts pressure on the Senate to act on legislation to avert rising tax rates and automatic spending cuts, while also keeping alive the chances that Congress and the president can pass at least a limited fix to the fiscal cliff.