REID AND BOEHNER DEBT LIMIT AMENDMENTS
|
|
- Alvin Floyd
- 5 years ago
- Views:
Transcription
1 REID AND BOEHNER DEBT LIMIT AMENDMENTS OVERVIEW * The Reid Amendment is a long-term solution to the default crisis that would avoid a downgrade of our credit rating and an economic catastrophe. The Boehner plan is a short-term fix that threatens our credit rating and our economy. * The Reid Amendment addresses the GOP s priorities: 1) It cuts spending by at least as much as the debt limit increase. 2) All spending cuts have been approved by the Republicans. 3) As a compromise, it includes no additional revenues. * The Reid Amendment reduces the deficit more than the Boehner Amendment, while establishing a process to achieve even more deficit reduction in the long term. * The Reid Amendment does not harm Social Security, Medicare, or Medicaid. REID AMENDMENT Summary * $1.2 trillion in security and non-security discretionary spending cuts * $1.2 trillion in savings from winding down the wars * $70-$100 billion in other spending savings from the Biden Group * $400 billion in interest savings * Joint committee on deficit reduction with fast track vote on recommendations * $2.7 trillion increase in debt limit Discretionary Spending The Reid Amendment establishes statutory caps on discretionary spending that would apply for ten years. These caps would operate similarly to caps established with bipartisan support in the 1990s, and that proved effective in controlling spending. If Congress exceeds the caps, across-the-board cuts would enforce the limits. Over the ten-year period covering Fiscal Years 2012 through 2021, total discretionary budget authority would be $11.3 trillion, representing savings of $1.2 trillion. The corresponding outlay savings are $1 trillion. Total discretionary spending in Fiscal Year 2012 would be $1.045 trillion, or $5 billion less than this year s Continuing Resolution. For Fiscal Years 2012 and 2013, the amendment would establish separate caps ( firewalls ) for security (defense and veterans) and non-security 1
2 spending. In FY 2012, security spending would be capped at $606 billion, or $3 billion below this year s level. A $1 billion increase in security spending would be allowed in FY Spending after 2014 would increase by about 2 percent per year, significantly less than projected by CBO. War Savings The cap on non-security spending in FY 2012 is $439 billion, a $2 billion reduction. The Reid Amendment limits funding for ongoing wars (so-called Overseas Contingent Operations ) that could be provided outside the discretionary spending caps. The proposed limits would produce budget authority savings of $1.2 trillion and outlay savings of $1.1 trillion. Some Republicans have been critical of the Reid Amendment s proposed savings on war funding. However, winding down the wars, which this year will cost about $160 billion, will produce very real savings, as both the Office of Management and Budget and the Congressional Budget Office acknowledge. In fact, the overwhelming majority of Republicans in the House and Senate endorsed this approach when they voted for their budget earlier this year. Other Savings Spectrum Reform The Reid Amendment would authorize the Federal Communications Commission to hold incentive auctions, where non-government holders of spectrum will be reimbursed for its value from a portion of auction proceeds in return for voluntarily relinquishing their spectrum rights. The amendment also would reallocate spectrum (known as the D block) for use by first responders and other public safety uses. In addition, the amendment includes several other provisions to improve spectrum management. These provisions will produce approximately $15 billion in savings over ten years. Farm Payment Reforms The Reid Amendment reduces direct payments by lowering the level of base acres on which payments can be made from 85 percent to 59 percent. This change would begin in the 2012 crop year and would save $11 billion over ten years. Pell Grants and Higher Education Reforms The Reid Amendment safeguards the Pell Grant and maintains the current maximum grant at $5,550. The amendment would end graduate and professional students eligibility for subsidized Stafford loans, as proposed in the President s Fiscal Year 2012 budget request. Graduate and professional students still would be able to receive unsubsidized federal student loans, and would continue to be eligible to apply for deferment, forbearance, or other loan repayment assistance. The $18 billion in savings are used to address projected shortfalls in the Pell Grant through Fiscal Year
3 Reducing Waste, Fraud and Abuse The Reid Amendment would reduce waste, fraud and abuse by promoting efforts to improve enforcement in several areas. Specified levels of funding for such efforts would not be limited by the discretionary spending caps, in recognition of the savings that such funding can be expected to produce for the taxpayers. The anti-fraud efforts promoted by the amendment include: 1) Continuing Disability Reviews and SSI redeterminations 2) Internal Revenue Service tax enforcement, 3) Health care fraud and abuse control, and 4) Unemployment Insurance improper payment reviews. The government made an estimated $125 billion in improper payments last year over all its programs. This is unacceptable and unaffordable. The Reid Amendment would be a significant step toward addressing this problem and could reduce the deficit by about $40 billion over the next ten years. Joint Select Committee on Deficit Reduction The Reid Amendment would establish a joint select committee to develop legislation to reduce the deficit. The committee s recommendations would be considered under fast track procedures that preclude any amendments and guarantee votes in the House and Senate. The joint committee would include 12 Members appointed by the leaders of both parties in each house of Congress. Its goal would be to reduce the deficit to 3 percent or less of GDP. The committee would be directed to consider other bipartisan plans, such as those proposed by the so-called Gang of Six. 7 votes would be required to approve recommendations. 3
4 BOEHNER AMENDMENT Summary * Short term debt limit increase threatens another default crisis next year, weakened economy. * Forces vote on balanced budget amendment. * $1.2 trillion in discretionary savings but allows defense to increase. * Cuts higher education for deficit reduction. * Omits Reid Amendment s savings from spectrum and farm payment reforms. * Omits savings from cracking down on tax cheaters and reducing UI overpayments. * Establishes joint committee on deficit reduction. Short-Term Debt Limit Increase The Boehner Amendment initially would allow the President to increase the debt limit by $400 billion. An additional $500 billion would be available subject to a joint resolution of disapproval, which would be considered under a fast track process. This process would create needless uncertainty, and is designed almost exclusively for political purposes. Its transparent goals are to allow Members to later claim that they opposed more borrowing, and to force President Obama to take the blame for future debt limit increases needed largely because of Bush Administration policies that he opposed. The initial $900 billion noted above most likely is enough to avoid another default crisis only until early next year. Beyond that, the Boehner Amendment would allow an additional $1.6 trillion increase in the debt limit only if a newly-established joint select committee is successful in enacting legislation that achieves at least that level of deficit reduction. If the joint committee is unable to reach agreement, or its recommendations fail to win the support of Congress and are not enacted, the Boehner Amendment would trigger another default crisis. Balanced Budget Amendment The Boehner Amendment would require a vote on a balanced budget amendment, the GOP version of which would force deep Social Security and Medicare cuts, and lock in protections for every special interest tax break. Consideration of the balanced budget amendment would be limited to 20 hours and no floor amendments to a House-passed version would be allowed. Discretionary Spending The Boehner Amendment includes 10-year discretionary spending caps that would save $1.2 trillion in budget authority. Total funding in FY 2012 would be $1.043 trillion, or $2 billion lower than the Reid Amendment and $7 billion lower than the FY 2011 CR level. The Boehner Amendment does not set a cap that corresponds to the Reid Amendment s firewall for security discretionary spending (defense and veterans). However, it sets FY 2012 defense spending at between $535 billion and $569 billion. This would allow defense to increase 4
5 by $16.5 billion (or to be cut by the same amount). In other words, the amendment would allow the Pentagon to avoid the contributions to deficit reduction called for in the Reid Amendment. Higher Education: The Boehner Amendment cuts assistance to students and uses some savings to address the Pell Grant shortfall, while using several billion dollars in cuts for deficit reduction. Joint Select Committee on Deficit Reduction The Boehner Amendment would establish a joint select committee on deficit reduction very similar to one proposed by the Reid Amendment. The joint committee would be directed to produce at least $1.8 trillion in deficit reduction. Notes Savings figures are relative to the same CBO adjusted baseline used by the Biden Group and the House. Figures should be considered tentative and subject to modest change. The Reid Amendment, as introduced on July 25, 2011, did not include planned GSE reforms pending a determination of whether they would be subject to a blue slip in the House of Representatives. These reforms would produce about $30 billion in deficit reduction. The Reid Amendment would update various Senate budget enforcement mechanisms. The amendment sets aggregate budget levels and allocations to committees, which are necessary given the absence of a final budget resolution. The amendment would allow the Appropriations Committee to move forward with appropriations bills for fiscal years 2012 and
Introduction to the Federal Budget Process
Introduction to the Federal Budget Process This backgrounder describes the laws and procedures under which Congress decides how much money to spend each year, what to spend it on, and how to raise the
More informationCongressional Budget Action for Fiscal Year 2012 and its Impact on Education Funding Jason Delisle, Federal Education Budget Project
New America Foundation Issue Brief Congressional Budget Action for Fiscal Year 2012 and its Impact on Education Funding Jason Delisle, Federal Education Budget Project September 13, 2011 The fiscal year
More informationPreliminary Analysis and Observations Regarding the Budget Control Act of 2011 August 8, 2011
Policy Alert Preliminary Analysis and Observations Regarding the Budget Control Act of 2011 August 8, 2011 The Budget Control Act of 2011 (BCA, or Act ) (see related policy alert for an overview of the
More informationHOW THE POTENTIAL 2013 ACROSS-THE-BOARD CUTS IN THE DEBT-LIMIT DEAL WOULD OCCUR by Richard Kogan
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org Updated November 22, 2011 HOW THE POTENTIAL 2013 ACROSS-THE-BOARD CUTS IN THE DEBT-LIMIT
More informationA Summary of the U.S. House of Representatives Fiscal Year 2013 Budget Resolution
A Summary of the U.S. House of Representatives Fiscal Year 2013 Budget Resolution Prepared by The New England Council 98 North Washington Street, Suite 201 331 Constitution Avenue, NE Boston, MA 02114
More informationOne Hundred Twelfth Congress of the United States of America
S. 365 One Hundred Twelfth Congress of the United States of America AT THE FIRST SESSION Begun and held at the City of Washington on Wednesday, the fifth day of January, two thousand and eleven An Act
More informationSocial Security Administration (SSA): Budget Issues
Social Security Administration (SSA): Budget Issues Scott Szymendera Analyst in Disability Policy January 25, 2013 CRS Report for Congress Prepared for Members and Committees of Congress Congressional
More informationThe Deficit Deal Explained: A Non-Wonky Guide to the New Law s Sweeping Push to Cut Federal Spending: and Maybe Increase Revenues Too?
The Deficit Deal Explained: A Non-Wonky Guide to the New Law s Sweeping Push to Cut Federal Spending: and Maybe Increase Revenues Too? August 18, 2011 Co-sponsored by and with many thanks to the Annie
More informationThe Budget Control Act of 2011: Implications for Medicare
The Budget Control Act of 2011: Implications for Medicare Updated NOVEMBER 2012 OVERVIEW Beginning January 2013, Medicare spending will be subject to automatic, across-the-board reductions, known as sequestration,
More informationDebt Ceiling Legislation: The Budget Control Act of 2011
Debt Ceiling Legislation: The Budget Control Act of 2011 September 16, 2011 Enacted on August 2 as Public Law 112-25, the Budget Control Act of 2011 (the BCA or the Act), also referred to as the debt ceiling
More informationLUNCHEON PANEL: A NEW ADMINISTRATION AND CONGRESS
LUNCHEON PANEL: A NEW ADMINISTRATION AND CONGRESS Moderator: Bob Rapoza Panelists: William Hoagland, Bipartisan Policy Center David Reich, Center for Budget and Policy Priorities Nick Wyatt, Senate Finance
More informationBUDGET CONTROL ACT OF 2011
BUDGET CONTROL ACT OF 2011 VerDate Nov 24 2008 15:30 Aug 09, 2011 Jkt 099139 PO 00025 Frm 00001 Fmt 6579 Sfmt 6579 E:\PUBLAW\PUBL025.112 PUBL025 125 STAT. 240 PUBLIC LAW 112 25 AUG. 2, 2011 Aug. 2, 2011
More informationThe Budget Control Act: Frequently Asked Questions
The Budget Control Act: Frequently Asked Questions Grant A. Driessen Analyst in Public Finance Megan S. Lynch Specialist on Congress and the Legislative Process February 23, 2018 Congressional Research
More informationWDC Board/ Annual Winter Meeting
The U.S. Conference of Mayors Workforce Development Council (WDC) WDC Board/ Annual Winter Meeting Legislative Update January 16-17, 2009 Washington, DC Economic Stimulus Package On Thursday, January 15,
More information2012 Farm Bill & the Future of Ag Policy
2012 Farm Bill & the Future of Ag Policy NCFC: Representing the Policy & Business Interests of Farmer Co-ops Protecting the Capper-Volstead Act. Educating policy makers on tax policy and its impacts on
More informationStanford, California Sunday, January 16, 2011
Stanford, California Sunday, January 16, 2011 MEMORANDUM FOR NEW MEMBERS OF THE HOUSE OF REPRESENTATIVES FROM: KEITH HENNESSEY 1 SUBJECT: INTRODUCTION TO THE FEDERAL BUDGET PROCESS As a new Member of the
More informationThe Threat Continues. Medicaid, the Budget, and Deficit Reduction: The Bottom Line: Our Message on Medicaid and the Super Committee Process
Medicaid, the Budget, and Deficit Reduction: The Threat Continues From Families USA August 2011 We averted default on the national debt when, in exchange for an increase in the debt ceiling, Congress passed,
More informationDebt Ceiling Legislation: The Budget Control Act of 2011
Debt Ceiling Legislation: The Budget Control Act of 2011 September 16, 2011 Enacted on August 2 as Public Law 112-25, the Budget Control Act of 2011 (the BCA or the Act), also referred to as the debt ceiling
More informationCBO ESTIMATE FOR SENATE AMENDMENT 1930, THE BIPARTISAN BUDGET ACT OF 2018 DIRECT SPENDING AND REVENUE PROVISIONS
Table 1. Authorizing Divisions February 8, 2018 CBO ESTIMATE FOR SENATE AMENDMENT 1930, THE BIPARTISAN BUDGET ACT OF 2018 DIRECT SPENDING AND REVENUE PROVISIONS By Fiscal Year, in Millions of Dollars 2018
More informationCongress and the Budget: 2016 Actions and Events
Congress and the Budget: 2016 Actions and Events Grant A. Driessen Analyst in Public Finance Megan S. Lynch Specialist on Congress and the Legislative Process January 29, 2016 Congressional Research Service
More informationAnalysis of the Final Federal Debt Limit Agreement and Implications for Medicare and Medicaid Providers
1501 M Street NW Seventh Floor Washington, DC 20005-1700 Tel: (202) 466-6550 Fax: (202) 785-1756 M E M O R A N D U M To: From: American Society of Transplant Surgeons Peter Thomas, Bobby Silverstein, Jim
More informationDeeming Resolutions: Budget Enforcement in the Absence of a Budget Resolution
Deeming Resolutions: Budget Enforcement in the Absence of a Budget Resolution Megan S. Lynch Specialist on Congress and the Legislative Process Updated October 29, 2018 Congressional Research Service 7-5700
More informationBlues Public Policy Brief *Customer Edition* February 24, 2012
Blues Public Policy Brief *Customer Edition* February 24, 2012 FEDERAL NEWS Congress Passes Payroll Tax Bill with SGR Fix Last week, both the House and the Senate approved a conference report for H.R.
More information2011 Education Appropriations Guide
New America Foundation Issue Brief 2011 Education Appropriations Guide Jason Delisle & Jennifer Cohen, Federal Education Budget Project May 2011 Congress completed the fiscal year 2011 appropriations process
More informationSenate Punts Omnibus Approps Bill Into January
Senate Punts Omnibus Approps Bill Into January Submitted by George Torres Legislative Issues Chair December 16, 2003 After reconvening for two days (December 8 th and 9 th ) to pass the FY2004 omnibus
More informationFederal Funding Update: The Craziest Year Yet
Federal Funding Update: The Craziest Year Yet Vermont State Visit August 31, 2012 Federal Funds Information for States Overview The Federal Budget Problem Pieces of the Federal Budget Pie Congressional
More informationFederal Budget Sequestration 101 Perspectives through the County Lens
Federal Budget Sequestration 101 Perspectives through the County Lens What is Sequestration? Sequestration: Process of applying automatic, across-the-board spending reductions evenly divided between security
More informationFederal Budget Sequestration 101 Perspectives through the County Lens
Federal Budget Sequestration 101 Perspectives through the County Lens What is Sequestration? Sequestration: Process of applying automatic, across-the-board spending reductions evenly divided between security
More informationWashington Rundown. January 15, 2013
Washington Rundown 1 January 15, 013 WASHINGTON UPDATE Following President Obama s reelection in early November, Congressional leaders spent the final six weeks of the 11 th Congress attempting to reach
More informationFederal Advocacy Update: Health Care and the Deficit Reduction Debate
G R E A T E R N E W Y O R K H O S P I T A L ASSOCIATION Federal Advocacy Update: Health Care and the Deficit Reduction Debate Jon Cooper November 10, 2011 2 Presentation Outline Federal Health Reform:
More informationBudget Control Act: Potential Impact of Sequestration on Health Reform Spending
Budget Control Act: Potential Impact of Sequestration on Health Reform Spending C. Stephen Redhead Specialist in Health Policy May 31, 2013 CRS Report for Congress Prepared for Members and Committees of
More informationCRS Report for Congress
Order Code RL33132 CRS Report for Congress Received through the CRS Web Budget Reconciliation Legislation in 2005 November 1, 2005 Robert Keith Specialist in American National Government Government and
More informationINTRODUCTION TO THE FEDERAL BUDGET PROCESS by Martha Coven and Richard Kogan
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org Revised January 17, 2006 INTRODUCTION TO THE FEDERAL BUDGET PROCESS by Martha Coven
More informationAcross-the-Board Rescissions in Appropriations Acts: Overview and Recent Practices
Across-the-Board Rescissions in Appropriations Acts: Overview and Recent Practices Jessica Tollestrup Analyst on Congress and the Legislative Process September 20, 2013 CRS Report for Congress Prepared
More informationSequestration: What Is It? And How Could It Impact California?
october 2012 california senate office of research Sequestration: What Is It? And How Could It Impact California? In August 2011, Congress passed the Budget Control Act of 2011. 1 Unless Congress elects
More informationSenate Approach to 2015 Appropriations Better Protects Domestic Priorities
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org November 18, 2014 Senate Approach to 2015 Appropriations Better Protects Domestic Priorities
More informationCRS Report: Welfare Spending The Largest Item In The Federal Budget
CRS Report: Welfare Spending The Largest Item In The Federal Budget Ranking Member Sessions and the minority staff of the Senate Budget Committee requested from the nonpartisan Congressional Research Service
More information1. PUBLIC DEBT LIMIT INCREASE 2. CORPORATE MINIMUM TAX
JOINT EXPLANATORY STATEMENT OF THE COMMITTEE OF CONFERENCE The managers on the part of the House and the Senate at the conference on the disagreeing votes of the two Houses on the amendments of the Senate
More informationCRS Report for Congress
Order Code RL33132 CRS Report for Congress Received through the CRS Web Budget Reconciliation Legislation in 2005-2006 Under the FY2006 Budget Resolution Updated July 28, 2006 Robert Keith Specialist in
More informationExamining the Congressional Budget Office Cost Estimate of the Senate Immigration Bill By Sharon Parrott and Chad Stone
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org Revised July 15, 2013 Examining the Congressional Budget Office Cost Estimate of the
More informationPOLITICS By DAVID M. HERSZENHORN OCT. 26, 2015
1 of 6 10/27/2015 12:05 PM http://nyti.ms/1jlcnaj POLITICS By DAVID M. HERSZENHORN OCT. 26, 2015 WASHINGTON After five years of bitter clashes, Republican congressional leaders and President Obama on Monday
More informationTHE COMPOSITION OF PAST DEFICIT-REDUCTION PACKAGES AND LESSONS FOR THE NEXT ONE By Kathy A. Ruffing
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org November 14, 2011 THE COMPOSITION OF PAST DEFICIT-REDUCTION PACKAGES AND LESSONS FOR
More informationIs No Deal a Good Deal? Deficit Reduction, HIV Services & What Comes Next
Is No Deal a Good Deal? Deficit Reduction, HIV Services & What Comes Next Hold on The webinar will start soon! Download the slides at www.hivhealthreform.org/blog Prepared By: AIDS Foundation of Chicago
More informationThe Central Florida Workforce in Today s Recession. Presented by: Gary Earl WORKFORCE CENTRAL FLORIDA President and CEO
The Central Florida Workforce in Today s Recession Presented by: Gary Earl WORKFORCE CENTRAL FLORIDA President and CEO State of the Workforce Survey Employers identified the economy as the greatest challenge
More informationPost-Election Outlook Federal Budget & Tax Landscape
Post-Election Outlook Federal Budget & Tax Landscape NCSL SALT Task Force Seminar Dana Point, California G. William Hoagland Sr. Vice President Bipartisan Policy Center November 18, 2016 Federal Budget:
More informationThe American Taxpayer Relief Act of 2012: Modifications to the Budget Enforcement Procedures in the Budget Control Act
The American Taxpayer Relief Act of 2012: Modifications to the Budget Enforcement Procedures in the Budget Control Act Bill Heniff Jr. Analyst on Congress and the Legislative Process February 4, 2013 CRS
More informationHOMES JOBS COMMUNITY. Washington Update : Bipartisan Budget Agreement and POTUS FY19 Budget Request. NDC Washington Webinar Series
HOMES JOBS COMMUNITY Washington Update : Bipartisan Budget Agreement and POTUS FY19 Budget Request Presented by: Jane Campbell & Ken Baker With Paul Anderson (Rapoza Associates) February 15, 2018 NDC Washington
More informationReconciliation Directives: Components and Enforcement
Reconciliation Directives: Components and Enforcement Megan Suzanne Lynch Analyst on Congress and the Legislative Process May 3, 2012 CRS Report for Congress Prepared for Members and Committees of Congress
More informationThe Human Needs Report
July 24, 2017 The Human Needs Report IN THIS EDITION HEALTH CARE: BUDGET & APPROPRIATIONS: Senate GOP Push Repeal Bill Vote this Week House Budget Committee Passes FY18 Budget FY18 Appropriations Process
More informationStatus of Health Reform Bills Moving Through Congress
POLICY PRIMER ON HEALTH REFORM What is the Status of the Health Reform Bills? On November 7, the House of Representatives approved H.R. 3962, the Affordable Health Care for America Act, putting major health
More informationWikiLeaks Document Release
WikiLeaks Document Release February 2, 2009 Congressional Research Service Report 97-931 Budget Enforcement Act of 1997: Summary and Legislative History Robert Keith Government Division October 8, 1997
More informationThe U.S. Conference of Mayors Workforce Development Council (WDC) Board Meeting. Legislative Update. April 25-26, 2013 Seattle, WA
The U.S. Conference of Mayors Workforce Development Council (WDC) Board Meeting Legislative Update April 25-26, 2013 Seattle, WA Introduction In March, both the House and Senate passed their own FY 2014
More informationFederal Budget Issues & the Next Farm Bill
Federal Budget Issues & the Next Farm Bill A Presentation by: Craig Jagger Chief Economist House Committee on Agriculture Craig.jagger@mail.house.gov 202 225-1130 Budget Implications for the Next Farm
More informationFederal Policy Update
Federal Policy Update Ohio Association of Area Agencies on Aging Conference November 15, 2017 Amy Gotwals, Chief, Public Policy & External Affairs Planning and Capacity Bdg. Federal Policy Update: Budget
More informationTAX POLICY CENTER BRIEFING BOOK. Background
How does the federal budget process work? 1/7 Q. How does the federal budget process work? A. Ideally, following submission of the president s budget proposal, Congress passes a concurrent budget resolution
More information2010 Education Appropriations Guide
New America Foundation Issue Brief 2010 Education Appropriations Guide Jason Delisle, Federal Education Budget Project December 2009 Congress completed the fiscal year 2010 appropriations process on December
More informationOver the period, the budget essentially freezes defense and non-defense discretionary spending in dollar terms, such that these categories
1 of 5 4/24/2013 11:15 PM From Wikipedia, the free encyclopedia The 2013 United States federal budget is the budget to fund government operations for the fiscal year 2013, which is October 2012 September
More informationFederal Budget Update: The Craziest Year Yet
Federal Budget Update: The Craziest Year Yet NCSL Fiscal Analysts Seminar August 29, 2012 Federal Funds Information for States Congressional To Do List Before: End of the fiscal year (9/30/12) Complete
More informationThe Impact of Major Legislation on Budget Deficits: 2001 to 2010
The Impact of Major Legislation on Budget Deficits: 2001 to 2010 Marc Labonte Specialist in Macroeconomic Policy Margot L. Crandall-Hollick Analyst in Public Finance May 20, 2011 Congressional Research
More informationFEDERAL FUNDING OUTLOOK
FEDERAL FUNDING OUTLOOK #NPS18 General Session Please see the Federal Funding Section in the Notebook Background Current Status Charts and Materials Budget and Appropriations Role of White House: Sets
More informationElection and Legislative Update for Healthcare Providers 2012 Southeast Healthcare Provider Conference September 25, 2012
Election and Legislative Update for Healthcare Providers 2012 Southeast Healthcare Provider Conference September 25, 2012 Mary Moore Hamrick Grant Thornton LLP Stephanie Kennan McGuireWoods Consulting
More informationThe World of Federal Politics and Policy
The World of Federal Politics and Policy NATIONAL ASSOCIATION OF DEVELOPMENT ORGANIZATIONS REGIONAL STRATEGIES. PARTNERSHIPS. SOLUTIONS NOVEMBER 21, 2011 About NADO Strengthen local governments, communities
More informationThe Budget Reconciliation Process: Timing of Legislative Action
The Budget Reconciliation Process: Timing of Legislative Action Megan S. Lynch Analyst on Congress and the Legislative Process October 24, 2013 Congressional Research Service 7-5700 www.crs.gov RL30458
More informationBudget Process Reform: Proposals and Legislative Actions in 2012
Budget Process Reform: Proposals and Legislative Actions in 2012 Megan Suzanne Lynch Analyst on Congress and the Legislative Process March 2, 2012 CRS Report for Congress Prepared for Members and Committees
More informationThune amendment summary
Thune amendment summary The Thune amendment includes all the major priorities accepted by both sides in the Democrats extender bill, and fully pays for it by cutting wasteful spending without raising a
More informationPrepared for Members and Committees of Congress
Prepared for Members and Committees of Congress The budget reconciliation process is an optional procedure under the Congressional Budget Act of 1974 that operates as an adjunct to the annual budget resolution
More informationCRS Report for Congress Received through the CRS Web
Order Code RS22155 May 26, 2005 CRS Report for Congress Received through the CRS Web Summary Item Veto: Budgetary Savings Louis Fisher Senior Specialist in Separation of Powers Government and Finance Division
More informationNavigating the 2018 Federal Budget Landscape. Thursday, October 26 2PM EST/11AM PST
Navigating the 2018 Federal Budget Landscape Thursday, October 26 2PM EST/11AM PST HOUSEKEEPING Access the Help Desk: Select the Help option in the toolbar at the top of your GoToWebinar navigation panel.
More informationHousekeeping. Designated Opponents (link on syllabus) Committee chairs ( manage committee tab on LegSim) Pocket rules (for floor debates)
Housekeeping Designated Opponents (link on syllabus) Committee chairs ( manage committee tab on LegSim) Pocket rules (for floor debates) Coalition building Attract cosponsors? Persuade committees that
More informationCRS Report for Congress Received through the CRS Web
Order Code 97-865 GOV CRS Report for Congress Received through the CRS Web Points of Order in the Congressional Budget Process Updated May 19, 2005 James V. Saturno Specialist on the Congress Government
More informationInside. Debt Ceiling/Deficit-Reduction Law Does Not Avoid Downgrade of US Debt
Debt Ceiling/Deficit-Reduction Law Does Not Avoid Downgrade of US Debt Debt Ceiling Law Postpones Significant Cuts to Major Health Entitlements Minutes before the August 2nd deadline for increasing the
More informationknown as explains the revenue and spending
Memora andum To: NAPA s Legislative Committee members and State Asphalt Pavement Association Executives From: Jay Hansen, Executive Vice President Date: November 29, 2012 Re: Impact of Fiscal Cliffs and
More informationMAJOR DEFICIT-REDUCTION MEASURES ENACTED IN' RECENT YEARS SUMMARY Since 1980, there have been 14 major pieces of legislation enacted to help reduce Fe
94-719 EPW Major Deficit-Reduction Measures Enacted in Recent Years David Koitz Specialist in Social Legislation Michelle Harlan Technical Information Specialist Education and Public Welfare Division September
More informationCongressional Action on FY2014 Appropriations Measures
Congressional Action on FY2014 Appropriations Measures Jessica Tollestrup Analyst on Congress and the Legislative Process December 18, 2013 Congressional Research Service 7-5700 www.crs.gov R43338 Summary
More informationThe Statutory PAYGO Process for Budget Enforcement:
The Statutory PAYGO Process for Budget Enforcement: 1991-2002 (name redacted) Specialist in American National Government December 30, 2009 Congressional Research Service CRS Report for Congress Prepared
More informationSOCIAL SECURITY ADMINISTRATION
SOCIAL SECURITY ADMINISTRATION General and special funds: Federal Funds PAYMENTS TO SOCIAL SECURITY TRUST FUNDS For payment to the Federal Old-Age and Survivors Insurance and the Federal Disability Insurance
More informationCaught in the Budget Battle
AP PHOTO/J. SCOTT APPLEWHITE Caught in the Budget Battle How the Fiscal Showdown Impacts Gay and Transgender Americans Center for American Progress and The National Gay and Lesbian Task Force November
More informationBudget Reconciliation Process: Timing of Committee Responses to Reconciliation Directives
Budget Reconciliation Process: Timing of Responses to Reconciliation Directives Megan S. Lynch Analyst on Congress and the Legislative Process October 24, 2013 Congressional Research Service 7-5700 www.crs.gov
More informationWhat Is the Farm Bill?
Renée Johnson Specialist in Agricultural Policy Jim Monke Specialist in Agricultural Policy June 21, 2013 CRS Report for Congress Prepared for Members and Committees of Congress Congressional Research
More informationTITLE X BUDGET ENFORCEMENT AND PROCESS PROVISIONS
PUBLIC LAW 105 33 AUG. 5, 1997 111 STAT 677 TITLE X BUDGET ENFORCEMENT AND PROCESS PROVISIONS Budget Enforcement Act of 1997. President. SEC. 10001. SHORT TITLE; TABLE OF CONTENTS. (a) Short
More informationThe Budget Reconciliation Process: Timing of Legislative Action
The Budget Reconciliation Process: Timing of Legislative Action Megan Suzanne Lynch Analyst on Congress and the Legislative Process June 7, 2011 Congressional Research Service CRS Report for Congress Prepared
More informationTHE POLITICO-GWU BATTLEGROUND POLL
THE POLITICO-GWU BATTLEGROUND POLL A national survey of 1,0 Registered Likely Voters Do you think things in the country are going in the right direction or are on the wrong track? 67% 56% 51% 46% 51% 49%
More informationBudget Deal or In Your Face House Action?
Congress Fiddles, Will Rome Burn? Wednesday is Apparent Deadline for Debt-Deal Budget Deal or In Your Face House Action? Last Friday the President and House Speaker John Boehner failed to reach an agreement
More informationCongress Spends Big To Avoid Government Shutdown
Congress Spends Big To Avoid Government Shutdown October 3, 2018 by Gary Halbert of Halbert Wealth Management 1. GALLUP Says Things Look Bad For GOP in November 2. Congress Quietly Passes Another Huge
More informationWill Congress Ease the Continuing Pressure on Non- Defense Discretionary Programs or Worsen It?
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org Updated March 14, 2017 Will Congress Ease the Continuing Pressure on Non- Defense Discretionary
More informationWhat Is the Farm Bill?
Renée Johnson Specialist in Agricultural Policy Jim Monke Specialist in Agricultural Policy June 21, 2013 CRS Report for Congress Prepared for Members and Committees of Congress Congressional Research
More informationWhat to Look for as Congress Begins Work on 2017 Appropriations By David Reich
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org April 21, 2016 What to Look for as Congress Begins Work on 2017 Appropriations By David
More informationInside. August 1, 2011
August 1, 2011 Deficit Reduction/Debt-Limit Deal: Crisis Avoided? It was announced late Sunday that President Obama and bi-partisan congressional leaders reached an agreement Sunday on a legislative package
More informationEXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF MANAGEMENT AND BUDGET WASHINGTON, D. C
EXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF MANAGEMENT AND BUDGET WASHINGTON, D. C. 20503 THE DIRECTOR May 16, 2017 The Honorable Paul D. Ryan Speaker of the House of Representatives U.S. House of Representatives
More informationFraming the 2010 election
September 20, 2010 Page 1 September 20, 2010 Framing the 2010 election Message test using a web-panel experiment September 20, 2010 Page 2 Republican message frameworks The following is a statement by
More informationCongressman Tom Reed and the Plan to Cut Social Security
Congressman Tom Reed and the Plan to Cut Social Security Executive Summary Over 165,000 hard-working seniors in the 23 rd Congressional District, represented by Congressman Tom Reed, have paid into and
More informationCommunity Development Block Grants: Funding Issues in the 112 th Congress and Recent Funding History
Community Development Block Grants: Funding Issues in the 112 th Congress and Recent Funding History Eugene Boyd Analyst in Federalism and Economic Development Policy June 28, 2012 CRS Report for Congress
More informationWashington in Review
Washington in Review Presentation to AHFA Manufacturing Summit Wednesday March 9, 2011 Political Landscape House of Representatives Wave election sweeps Republicans to the majority Elected to oversee the
More informationFY2014 Continuing Resolutions: Overview of Components
FY2014 Continuing Resolutions: Overview of Components Jessica Tollestrup Analyst on Congress and the Legislative Process February 24, 2014 Congressional Research Service 7-5700 www.crs.gov R43405 Summary
More informationPoints of Order in the Congressional Budget Process
Points of Order in the Congressional Budget Process James V. Saturno Specialist on Congress and the Legislative Process October 20, 2015 Congressional Research Service 7-5700 www.crs.gov 97-865 Summary
More informationNew Directions in Health Policy: The Affordable Care Act and Medicare Reform*
New Directions in Health Policy: The Affordable Care Act and Medicare Reform* Presented By: Colin T. Roskey, Esq. For HCCA East Central Regional Conference October 11, 2013 * AND A GOVERNMENT SHUTDOWN
More informationMonograph. In July 2004, George Chin, then-chair of the National Association. A Primer on the Federal Budget Process. Table of Contents.
Monograph A N A S F A A S E R I E S April 2006, Number 18 Practical Information for Student Aid Professionals Introduction... 1 The Federal Budget Process: History and Background... 2 Federal Budgeting
More informationU.S. Presidential Candidate Spending Analysis Ron Paul. Total Net Spending Agenda: -$1.221 trillion (savings)
U.S. Presidential Candidate Spending Analysis Ron Paul Total Net Spending Agenda: -$1.221 trillion (savings) Economy, Transportation, and Infrastructure: -$4.565 billion (savings) A. Establish Sound Money
More informationUpdate on the SGR fix
Update on the SGR fix SGR Cliff As a result of cumulative spending, the Sustainable Growth Rate (SGR) formula cliff gets larger and larger each time there is a delay in reforming the funding mechanism.
More informationSpeakers. Joshua Westfall Government Affairs Manager National PTA. Jacqueline Thomas Legislative Assistant Senator Chris Coons (D-DE)
Speakers Joshua Westfall Government Affairs Manager National PTA Jacqueline Thomas Legislative Assistant Senator Chris Coons (D-DE) Agenda I. Power of the Purse II. Key Terms III. Appropriations Process
More information