Welcome to our community
Be apart of something great, join today!
U.S. Budget Negotiations
- Thread starter nycfan
- Start date
- Replies: 1K
- Views: 28K
- Politics
- Messages
- 21,646
"...The proposed stopgap federal spending bill, meant to avoid a government shutdown, would have the effect of undoing the District’s 2025 budget, they said, prompting significant concern within the D.C. government. If it passes, the city, whose local budget is overseen by Congress, would be treated as a federal agency and be forced to revert to its 2024 budget spending levels for the remaining six months of this fiscal year, until Oct. 1.
The effective cancellation of the District’s current $21 billion budget would represent the most dramatic exertion of federal power over the city in years. In a memo to House leadership and appropriators, Mayor Muriel E. Bowser’s administration warned of “devastating impacts” to critical services, with potential layoffs and furloughs of teachers, police officers and other front line workers, as the city would have to cut 16 percent of its remaining funds this year to comply.
... House GOP leadership aides said the intent was to treat D.C. as a federal agency, and to treat all federal agencies “equally,” noting there will be impacts across the board. Under a stopgap funding bill — called a continuing resolution — federal agencies must keep spending at the previous year’s levels, or in this case, 2024, until Congress passes new appropriations. This funding bill would also require the same of D.C. — a departure from how Congress has handled D.C.’s budget for the past two decades. ..."
The effective cancellation of the District’s current $21 billion budget would represent the most dramatic exertion of federal power over the city in years. In a memo to House leadership and appropriators, Mayor Muriel E. Bowser’s administration warned of “devastating impacts” to critical services, with potential layoffs and furloughs of teachers, police officers and other front line workers, as the city would have to cut 16 percent of its remaining funds this year to comply.
... House GOP leadership aides said the intent was to treat D.C. as a federal agency, and to treat all federal agencies “equally,” noting there will be impacts across the board. Under a stopgap funding bill — called a continuing resolution — federal agencies must keep spending at the previous year’s levels, or in this case, 2024, until Congress passes new appropriations. This funding bill would also require the same of D.C. — a departure from how Congress has handled D.C.’s budget for the past two decades. ..."
ChileG
Iconic Member
- Messages
- 1,794
Hell, just buy a new url and make a post claiming the budget is balanced and that would be enough proof here for at least a half dozen posters.I think this is the magical thinking Trump is urging with his hilarious (if the issue wasn’t so serious) let’s balance the budget posts. Just declare the tax cuts free and declare the budget balanced!
- Messages
- 21,646
Raul Griljava is 77 years-old and has cancer.
There’s a good chance he never steps on the House floor again.
- Messages
- 2,519
Tim Moore's abscence interesting
- Messages
- 21,646
Yes
- Messages
- 21,646
Elon Musk Has Wanted the Government Shutdown
Sources tell WIRED that Elon Musk has wanted a government shutdown in part because it would potentially make it easier to eliminate the jobs of hundreds of thousands of federal workers.
Elon Musk Has Wanted the Government Shutdown
Sources tell WIRED that Elon Musk has wanted a government shutdown in part because it would potentially make it easier to eliminate the jobs of hundreds of thousands of federal workers.
“… Sources also tell WIRED that Musk has wanted a government shutdown—an aim that runs contrary to the White House’s stated desire to avoid one—in part because it would potentially make it easier to eliminate the jobsof hundreds of thousands of federal workers, essentially achieving a permanent shutdown. The sources, whom WIRED has granted anonymity, specifically asked to be described generically because information about Musk’s support for a shutdown is closely held.
…
A second Republican who had heard about Musk’s desire for a government shutdown tells WIRED that the billionaire’s goal is for the continuing resolution—a spending bill to temporarily fund the government—to tank, if only to achieve a brief government shutdown.
“You know none of this is about saving money, right?” says a third Republican familiar with the behind-the-scenes push from Musk. “It’s all about destroying a liberal power base.” …”
- Messages
- 21,646
Trump Administration Live Updates: Shutdown Looms With Democrats Opposing 6-Month Stopgap Bill
“… The federal government edged closer to a shutdown after Senator Chuck Schumer of New York, the Democratic leader, said the stopgap bill to fund the government for six months did not have enough support for a vote in the Senate.
He said Democrats in the chamber instead wanted a 30-day bill to negotiate a bipartisan solution.
The government’s funding is set to run out on Friday and there is little time to find another path: House Republicans purposefully left town after passing the six-month funding bill. …”
- Messages
- 21,646
Schumer's Tough Talk Is Likely Just Posturing
If you think Senate Democrats have suddenly found their backbone, you might want to temper your expectations. Sen. Chuck Schumer’s (D-NY) announcement this afternoon that Democrats won’t help pass the House-approved funding bill may sound
politicalwire.com
“… Here’s what’s likely happening:
Senate Democrats want an opportunity to vote on amendments—particularly to push for a clean continuing resolution without the changes made by House Republicans.
Any amendment introduced by Democrats would almost certainly fail. But a deal allowing amendments would also allow the overall funding bill could pass with a simple majority vote.
So Democrats could go on record supporting their own version of a funding bill before the inevitable happens: final passage of the House version.
At that point, Republicans wouldn’t need Democratic votes to pass the bill—giving Schumer’s caucus a face-saving way to distance itself from a deal that may not sit well with progressives. …”
- Messages
- 2,519
Help me outSchumer's Tough Talk Is Likely Just Posturing
If you think Senate Democrats have suddenly found their backbone, you might want to temper your expectations. Sen. Chuck Schumer’s (D-NY) announcement this afternoon that Democrats won’t help pass the House-approved funding bill may sound
“… Here’s what’s likely happening:
Senate Democrats want an opportunity to vote on amendments—particularly to push for a clean continuing resolution without the changes made by House Republicans.
Any amendment introduced by Democrats would almost certainly fail. But a deal allowing amendments would also allow the overall funding bill could pass with a simple majority vote.
So Democrats could go on record supporting their own version of a funding bill before the inevitable happens: final passage of the House version.
At that point, Republicans wouldn’t need Democratic votes to pass the bill—giving Schumer’s caucus a face-saving way to distance itself from a deal that may not sit well with progressives. …”
Does the Senate need 60 votes to pass the House Bill? I mean the pubes have a majority?
- Messages
- 21,646
Meanwhile
“… On the menu: Reviving lapsed business tax breaks, expanding the child tax credit, loosening the cap on the state and local tax deduction and incorporating Trump’s ideas for eliminating taxes on tips, overtime and Social Security benefits, said Finance Committee Chairman Mike Crapo (R., Idaho), who ticked through a list of ideas Wednesday that could easily top $5 trillion or more over a decade.
… The House and Senate, both controlled by Republicans, must agree twice to maneuver the bill through Congress without Democratic votes. First, they have to settle on a fiscal framework and then they have to write the detailed legislation.
…
They have been stuck for months on that first step. In February, the House set its framework, calling for at least $1.5 trillion in spending cuts over a decade and $4 trillion to $4.5 trillion in tax cuts, plus money for border security and national defense.
The Senate is moving much more slowly, and it could be weeks before there is a House-Senate deal on a framework.
Crapo said senators are interested in spending cuts, too, but they haven’t hashed out the exact contours. Like the House, the Senate will also count on some revenue from faster-than-forecast expected growth …”
Senate GOP’s Tax-Cut Wishlist Heads North of $5 Trillion
Menu includes more than 200 ideas, ranging from the estate tax to housing credits
“… On the menu: Reviving lapsed business tax breaks, expanding the child tax credit, loosening the cap on the state and local tax deduction and incorporating Trump’s ideas for eliminating taxes on tips, overtime and Social Security benefits, said Finance Committee Chairman Mike Crapo (R., Idaho), who ticked through a list of ideas Wednesday that could easily top $5 trillion or more over a decade.
… The House and Senate, both controlled by Republicans, must agree twice to maneuver the bill through Congress without Democratic votes. First, they have to settle on a fiscal framework and then they have to write the detailed legislation.
…
They have been stuck for months on that first step. In February, the House set its framework, calling for at least $1.5 trillion in spending cuts over a decade and $4 trillion to $4.5 trillion in tax cuts, plus money for border security and national defense.
The Senate is moving much more slowly, and it could be weeks before there is a House-Senate deal on a framework.
Crapo said senators are interested in spending cuts, too, but they haven’t hashed out the exact contours. Like the House, the Senate will also count on some revenue from faster-than-forecast expected growth …”
superrific
Legend of ZZL
- Messages
- 8,513
I really hope the Dems do not cave. If they do, and pull this stunt to absolve themselves of power, I will be upset
