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Category: 2016 UW Federal Agenda

Senate Passes Budget Around 3 am

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The Senate cleared a bipartisan budget and debt limit accord early Friday morning which would send the legislation to the President’s desk. Roughly 72 hours after it was unveiled and buying roughly two years of relative budgetary stability after months of partisan sniping on spending, the Senate passed HR1314 shortly after 3 am. The House passed the measure Wednesday evening.

Just after  3 am, the upper chamber passed the deal by a vote of 64-35, roughly 90 minutes after voting to cut off debate on the legislation. Eighteen Republicans voted in favor of final passage, including Senate GOP Leadership, while 35 Republicans voted against the measure.  Forty-four Democrats and two independent senators who conference with Democrats backed the package. See the vote total here.

The budget deal would raise discretionary spending caps for defense and nondefense accounts by $80 billion above the sequester level for fiscal 2016 and fiscal 2017 and suspend the debt limit until March 15, 2017. The increased discretionary spending is offset with cuts to various entitlement programs and revenue raisers.

The President announced his support earlier this week.

Senate Approves Budget Deal, Sends to President to Sign

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Just after 3:00am Eastern, the Senate approved the two-year budget deal that the House agreed to on Wednesday without changes. With the deal headed to Obama’s desk — where he’s expected to sign it — lawmakers will now turn their attention to passing either 12 individual spending bills or one large omnibus bill.

House Approves Budget Deal

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The House on Wednesday passed a two-year budget package that includes a suspension of the debt ceiling by a vote of 266-167. As has become custom, the measure passed with minimal Republican support: 187 Democrats voted for the measure but only 79 Republicans did. The measure now moves to the Senate, which could take it up as early as tomorrow. The budget measure (HR 1314) would raise discretionary spending caps by $80 billion for defense and domestic spending in both 2016 and 2017, splitting the amount evenly between the two categories.

The Senate is expected to take up the bill quickly, even though GOP presidential candidate and US Senator Rand Paul (R-KY) vowed to filibuster the legislation. Because the underlying legislation that’s being used as a vehicle for the deal has already passed the Senate, the measure could see a vote to cut off debate in the chamber tomorrow. Action could occur over the weekend, though votes might get pushed to Monday, just one day before Treasury Secretary Lew’s November 3rd debt ceiling deadline.

House Goes First on Budget Deal

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At midnight last night, the Bipartisan Budget Agreement of 2015 was introduced in the House, and the House Rules Committee is expected to consider the measure tomorrow paving the way for the full House to consider the legislation Wednesday. Passage is expected Wednesday and the measure will move to the Senate Wednesday night. The Senate is expected to consider and pass the measure by the end of the week.

The timing will give Boeher plenty of time to pass something before he retires and the elections for Paul Ryan as Speaker are held Thursday as well as before the national debt limit expires on November 3rd.

After the measure passes, the House and Senate Appropriations committees will begin working with the new top line budget amounts, known as 302(b)s, and those committees will begin on crafting new FY16 appropriations bills to pass before the December 11th Continuing Resolution expires.