United States House Committee on the Budget

Some signs of cooperation between sides on budget debacle

Some signs of cooperation between sides on budget debacle

The Obama administration and congressional Republicans are quietly working in tandem to blunt the impact of short-term spending cuts that kicked in with dire White House warnings a few days ago, with both sides eager to pocket the full savings for deficit reduction as they pivot to a new clash over Medicare. The overall size […]

Congress headed for more conflict over budget

Congress headed for more conflict over budget

The nation’s sharp disagreements over taxes and spending are on a re-routed collision course, as Senate Democrats launch a plan that includes new taxes and House Republicans vow to speed up their plan to balance the federal budget with spending cuts alone. The Republicans’ new approach would require even deeper cuts in social programs than […]

GOP wants cuts to social programs to protect military budgets

GOP wants cuts to social programs to protect military budgets

Republicans in the House of Representatives on Monday will fire their first shots of the next deficit-reduction battle, advancing legislation to cut nearly $380 billion largely from social programs while protecting defense spending. The cuts to food stamps, child tax credits and Medicaid healthcare for the poor, among others, are certain to stall in the […]

Suddenly, a rally behind tax cuts

Suddenly, a rally behind tax cuts

Defying expectations, a bipartisan majority of President Barack Obama‘s deficit commission has rallied behind the panel’s controversial deficit-slashing proposals. A key Obama ally, liberal Democratic Sen. Dick Durbin of Illinois, endorsed the plan Thursday night, joining two of the Senate’s most conservative Republicans. The plan now has public commitments of support from a majority of […]

Advice to newbies: Details, details, details

Advice to newbies: Details, details, details

Be work horses, not show horses. Choose details over drama. The small stuff? Sweat it. And do it fast. Republicans retaking control of the House in January are getting lessons from veterans of the past two transitions of power on Capitol Hill — 1994, when the GOP last took control of Congress, and 2006, when […]

Palin to Bernanke: ‘Cease and desist’

Palin to Bernanke: ‘Cease and desist’

Tea Party favorite Sarah Palin on Monday weighed in on the global debate over the Federal Reserve’s $600 billion plan to buy up government debt, suggesting Fed Chairman Ben Bernanke should “cease and desist.” “We shouldn’t be playing around with inflation,” Palin, who is widely seen as a prospective 2012 Republican presidential candidate, said in […]

Republicans plan early assault on health care law

Republicans plan early assault on health care law

Congressional Republicans said on Sunday they plan a full-scale assault against President Barack Obama‘s healthcare overhaul next year but acknowledged it could take until after the 2012 presidential election to repeal it. Representative Paul Ryan, expected to become chairman of the House Budget Committee chairman, said his fellow Republicans will try to deny funding for […]

White Southern Democrats: An endangered species

White Southern Democrats: An endangered species

The white Southern Democrat — endangered since the 1960s civil rights era — is sliding nearer to extinction. After this week’s elections, the Democratic Party barely holds a presence in the region outside of majority-black urban areas such as Atlanta and Memphis. The carnage for the party was particularly brutal in the Deep South, where […]