The agreement reached on Wednesday by Senator Patty Murray and Congressman Paul Ryan reverses some sequestration cuts without raising taxes or making changes to entitlement programs. If approved, Congressional appropriators would have at their discretion $492 billion for non-military spending. That is about $23 billion more than would be available if Congress were to allow
Earlier this evening, Budget Conference Chairs Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA) announced a two-year budget agreement that would replace $63 billion of sequester cuts over FY2014 and FY2015. For FY2014, the discretionary top line budget would be set at $1.012 trillion, offering an additional $45 billion over FY2013 numbers, and will be evenly
The Budget Conference Committee is quickly approaching its December 13th deadline for coming to an agreement on an overall budget framework that will shape the remainder of FY2014, and possibly FY2015, as well as provide some sequester relief. There are rumors swirling that the two lead negotiators – House Budget Chairman Paul Ryan (R-WI) and
The House is in session this week and is scheduled to work on a bill that would renew a 25-year-old ban on the production of plastic guns that expires on December 9th and to possibly overhaul patent litigation. The House also wants to advance a pediatric medical research bill before the Christmas recess but is
Congress is on break starting today through the Thanksgiving holiday. The House returns to work December 2nd for two weeks and the Senate returns the following week of December 9th. Unfortunately, budget negotiations did not result in top-line numbers for FY2014 spending before lawmakers left town, leaving appropriators very little time to draft an omnibus
Just when all seems lost, it appears that there may yet be hope that Budget negotiators could reach a deal to replace a portion of sequestration. Any potential deal would be small in comparison to the $17.1 trillion national debt, potentially with proposals to replace one year of sequestration cuts — worth $110 billion —
Both the House and Senate will be busy this week as they attempt to wrap up a number of issues before they take a two-week break for Thanksgiving. The Senate will try to finish work on the annual Defense Authorization bill that the House completed back in June. This could be one of the few
AAAS has created a new graph showing America COMPETES funding as intended, as actually funded, and the Democrat’s proposal. A larger version of the chart can be found here.
Senator Rockefeller, Chairman of the Senate Commerce, Science and Transportation Committee, announced a hearing on America COMPETES today. The hearing will be November 6th at 2:30 pm EST. Those interested can watch the hearing live.
The House Science Committee Chairman Lamar Smith and Ranking Member Eddie Bernice Johnson have released dueling draft bills to reauthorize America COMPETES. The House will begin to work through their differences on these pieces of legislation in the coming months. Here is the House Democrat’s reauthorization discussion draft bill. The Committee Republicans have decided to« Previous Page Next Page »