Budget Control Act

House Passes Bombs-Not-Bread Bill To Spare Military, Cut Food Aid

HuffingtonPost.com | Michael McAuliff | Posted 05.10.2012

Read More: Bca, Supplemental Nutrition Assistance Program, Food Stamps, 112 Congress, Budget Control Act, Paul Ryan Budget, Temporary Assistance for Needy Families, Video, Paul Ryan Reconciliation, House Republicans Budget Cuts, 112th Congress, Tanf, Budget Reconciliation, Snap, Paul Ryan, Reconciliation, Politics News

WASHINGTON -- The House on Thursday passed its plan to spare the military's growing budget from mandatory cuts, instead slashing Medicaid, benefits fo...

Read Whole Story

House GOP Plan Criticized As Breaking Debt Ceiling Deal

Posted 03.15.2012

Read More: Video, Budget Deal, Debt Ceiling, John Boehner, House GOP, Paul Ryan, House Republicans, Budget Control Act, Debt Ceiling Deal, Politics News

By David Lawder WASHINGTON--Republicans in the U.S. House of Representatives pushed back on Wednesday against suggestions that their drive for ...

Read Whole Story

The President's Budget: Continuing the Slow Climb Upward

Deborah Weinstein | Posted 04.15.2012

Read More: Obama Jobs, House Budget Committee, Earned Income Tax Credit, Economic Recovery, Job Creation, Budget Control Act, Obama Budget Medicaid, Obama Jobs Budget, Paul Ryan Budget, Obama Budget Medicare, Politics News

The president's budget proposal recognizes some basic truths: we cannot speed up economic recovery without investments that create jobs and increase workers' readiness to do those jobs.

Read Post

Senators Have Ideas for Cutting the Military Budget

Robert Naiman | Posted 01.30.2012

Read More: Pentagon, Congress, Okinawa, Rand Paul, National Defense Authorization Act, Jeff Merkley, Afghanistan, Budget Control Act, Politics News

Here is a partial list of amendments of interest to those who wish to cut the military budget. The first two -- accelerated military withdrawal from Afghanistan and establishing a commission on the closing of foreign military bases -- are my personal favorites.

Read Post

50/50 Split on Defense/Non-Defense Cuts the Result of GOP's No-Tax Position

Bob Greenstein | Posted 01.23.2012

Read More: Deficit, Department of Defense, President Barack Obama, Supercommittee, Speaker John Boehner, Center on Budget and Policy Priorities, Defense Cuts, Budget Control Act, Sequestration, Federal Budget, Politics News

If Congress backs away from the automatic cuts in defense that the Budget Control Act calls for, the GOP will have little incentive to negotiate a balanced deficit-reduction deal. Their top priorities, tax cuts and defense programs, will both be protected

Read Post

Ed Markey Leads Coalition to Cut Nuclear Weapons Budget

Joe Cirincione | Posted 12.14.2011

Read More: Ed Markey, Nuclear Weapons, Debt Deal, Supercommittee, Michael Turner, Defense Spending, Defense Cuts, Budget Control Act, House Armed Services Committee, Politics News

The first shots were fired on Oct. 11, when Rep. Ed Markey (D-Mass.) sent a letter to the 12 members of the supercommittee signed by 65 lawmakers.

Read Post

Why Tax the Rich to Pay for More War?

Robert Naiman | Posted 11.29.2011

Read More: Afghanistan Night Raids, Leahy Amendment, Human Rights, Super Committee, Tea Party, Budget Control Act, War Costs, Afghanistan War, World News

Ordinarily, I think of myself as a card-carrying liberal. But lately, I'm getting the feeling that Liberal America had a meeting to decide on our current priorities and peace advocates weren't invited

Read Post

Why Does the Debt Deal Pick on Grad Students?

Beth Kobliner | Posted 10.17.2011

Read More: Debt Compromise, How to Pay for College, Budget Control Act, How to Pay for Grad School, Graduate School Debt, Education Debt, Grad Student Loans Cut, Stafford Loans, Education News

Under the new deal, the government will no longer subsidize the popular federal student loan, the Stafford, for graduate school. Congress felt it was the right time to hit students where it hurts the most: their wallets.

Read Post

S&P Downgrade Reflects Political Divisions That May Be Our Greatest Source of Risk

David Paul | Posted 10.15.2011

One week after the downgrade of the United States bond rating, the markets have returned a verdict of sorts.

Read Post

Budget Cuts Mean Job Cuts

Beth Kobliner | Posted 10.04.2011

Read More: Unemployment, Green Jobs, Grad School, Debt Ceiling, Jobs, Teaching, Tea Party, Healthcare, Budget Control Act, Debt Commission, Business News

Finally! The debt ceiling drama is over and we can all breathe a big sigh of... Wait a second. It's certainly not a sigh of relief that you're hearing...

Read Post

UPDATE: Boehner Debt Bill Passes House, Dies In Senate

HuffingtonPost.com | Elise Foley | Posted 09.28.2011

Read More: Debt Plan, Debt, Boehner Debt, Super Congress, Social Security, Debt Ceiling, John Boehner, Budget Control Act, Bba, Boehner Debt Plan, Deficit, Default, Debt Limit, Medicare, Balanced Budget Amendment, Politics News

WASHINGTON -- The House of Representatives passed a bill on Friday to raise the debt ceiling and cut $22 billion from next year's spending. Passed as ...

Read Whole Story

Boehner: Downgrade Of U.S. Credit Rating 'Beyond My Control'

HuffingtonPost.com | Elise Foley | Posted 09.27.2011

Read More: Boehner Debt Plan, Deficit, Debt, Boehner Debt, Debt Ceiling, House GOP, John Boehner, Debt Limit, House Republicans, Budget Control Act, Video, Politics News

WASHINGTON -- House Republicans are attempting to wash their hands of the debt limit on Thursday, claiming the Senate will be responsible for a defaul...

Read Whole Story