federal budget

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House Easily Passes Bipartisan Budget Bill

It's expected to clear the Senate quickly

(Newser) - Party leaders pushed a massive $1.1 trillion spending bill for this year through the House today, shunning the turmoil of recent budget clashes with a compromise financing everything from airports to war costs. The huge bill furnishes the fine print—1,582 pages of it—for the bipartisan pact...

As Deficit Plummets, Feds Actually Saw Surplus in Dec.

Fiscal Q1 figures were looking decidedly up, CBO reveals

(Newser) - Don't look now, but after years of congressional dogfights, the federal budget deficit is in pretty good shape. The deficit plummeted by more than a third in October, November, and December—the first three months of fiscal 2014—the Congressional Budget Office announced yesterday, Reuters reports. In fact, December...

Senate Passes 2-Year Budget Deal

Bipartisan measure now ready for Obama's signature

(Newser) - It's official: Congress has sent President Obama a bipartisan budget deal that scales back across-the-board spending cuts on programs ranging from the Pentagon to the national park system. The final vote on the two-year measure was 64-36 in the Senate. The House approved the bill last week. The legislation...

GOP Joins as Budget Clears 1st Senate Vote, 67-33

Deal should pass Senate no later than tomorrow

(Newser) - Conservatives still don't love the bipartisan budget deal passed by the House last week , but as expected, it advanced in the Senate today after a number of Republican senators declared their support. In some cases, their quite tepid support: The deal "isn’t everything I’d hoped it...

Boehner Just 'Got His Irish Up' With Right-Wing Groups: Ryan

Wisconsin Republican tries to soften rift with Tea Partiers

(Newser) - John Boehner's attack on right-wing advocacy groups over the federal budget deal? Well, he "just kind of got his Irish up," said Paul Ryan on an interview on Meet the Press, reports Politico . "He was frustrated that these groups came out in opposition to our budget...

Houses Passes Budget Bill
 House Passes Budget Bill 
Dec 12, 2013 5:28 PM CST

House Passes Budget Bill

2-year deal clears by wide margin; Senate expected to vote next week

(Newser) - The unusual promise of a no-drama, no-shutdown deal on the federal budget just cleared its biggest hurdle: The modest two-year pact negotiated by Paul Ryan of the House and Patty Murray of the Senate cleared the full House of Representatives today by a vote of 332-94, reports the Washington Post...

Boehner Slams Conservative Critics

Speaker says right-wing groups out of line for criticism of budget deal

(Newser) - John Boehner slammed political advocacy groups today, which would be no big surprise except the groups in his sights are on the right, not the left. "They're using our members and they're using the American people for their own goals," Boehner told reporters, after prominent conservative...

No Big Winner in Budget Deal
 No Big Winner 
 in Budget Deal 
opinion
Dec 11, 2013 12:32 PM CST

No Big Winner in Budget Deal

But are 'fees' just tax hikes?

(Newser) - A budget deal agreed upon by the House and Senate has come early , and it may prevent another shutdown—but pundits aren't exactly cheering about it. Among the responses:
  • At Slate , Matthew Yglesias says the plan will "improve the economy moderately and it achieves the GOP’s goal
...

House, Senate Negotiators Reach Early Budget Deal

Ryan, Murray replace some sequester cuts

(Newser) - No shutdown drama this time? House and Senate negotiators have reached a budget deal well ahead of the Jan. 15 deadline, reports USA Today . Republican Paul Ryan of the House and Democrat Patty Murray of the Senate announced the $85 billion package this evening, with votes in both chambers expected...

GOP Looks Ready to Sabotage Itself Again
GOP Looks Ready to Sabotage Itself Again
OPINION
Dec 3, 2013 12:55 PM CST

GOP Looks Ready to Sabotage Itself Again

'Wall Street Journal' editors say budget standoff could negate ObamaCare gains

(Newser) - The conservative editorial page of the Wall Street Journal sounds pretty hopeful that the troubles of ObamaCare will translate into solid GOP gains in next year's midterms. But the editors also see signs that Republicans are going to once again blow it with a "stupid, futile budget standoff....

Fudged Pentagon Accounts Hide Wasted Billions
 Pentagon's Cooked 
 Books Hide Lost Billions 
INVESTIGATION
Nov 19, 2013 3:51 AM CST

Pentagon's Cooked Books Hide Lost Billions

Reuters finds $8.5T in spending has never been audited

(Newser) - A Reuters investigation looks deep inside one of the biggest and most complex works of military fiction of all time: the Pentagon's books. Defense Department sources say it is routine to use phony numbers—"plugs"—to make the numbers of defense agencies match those from the Treasury...

End of an Era: No More Paper Nautical Charts

Come April, the big maps will be a thing of the past

(Newser) - The digital age is doing away with a mariner tradition: The federal government will stop printing old-school nautical charts this April, reports NPR . Those would be the 3-by-4-foot paper charts that nobody used much more anyway, notes AP . Instead, boaters have increasingly relied on digital maps and "print-on-demand" charts...

Government Shutdown: No End in Sight

Dems shoot down GOP 'piecemeal' strategy

(Newser) - It's Day 2 of the government shutdown and it's starting to look like this could go on for a while. In contrast to other budget showdowns of recent years, there have been no serious negotiations between President Obama and John Boehner—and no sign that Joe Biden and...

Government Shutdown? &#39;Bring It On&#39;
Government Shutdown? 'Bring It On'
OPINION
Sep 24, 2013 12:33 PM CDT

Government Shutdown? 'Bring It On'

Matthew Yglesias: A brief one gives us a chance to fix this mess now

(Newser) - We're less than a week away from a possible government shutdown , but it probably won't come to pass, writes Matthew Yglesias at Slate . The safe money right now says that Ted Cruz won't be able to fend off the inevitable result: Republicans will agree to yet another...

It's Shutdown Week, and Nobody Trusts Anybody

Your guide to the next round in Washington's endless fiscal wars

(Newser) - Washington has eight days left before the continuing resolution funding the government runs out, and this latest round of brinksmanship might be the worst yet, for a simple reason: None of the major players like or trust each other anymore, the Hill observes. Here are the relationships at play:
  • President
...

Boehner: Fund Government, Defund ObamaCare

Says House will vote on it; debt ceiling being drawn into drama as well

(Newser) - House Republicans have decided to make their latest game of political chicken all about ObamaCare. In a move Tea Party activists have been clamoring for, John Boehner told his caucus today that they would pass a bill to keep the government funded—but that it would defund ObamaCare. Eric Cantor...

Treasury Pays Down Debt for First Time Since Dubya

Taxes, cuts give Treasury unexpected $35B

(Newser) - Spending cuts and tax hikes have boosted the federal government's finances enough to actually pay off some debt for the first time since George W. Bush was president. The Treasury Department, which predicted earlier this year that it would end the second quarter another $103 billion deeper in debt,...

Latest Victim of Budget Cuts: Air Shows

Dozens of shows called off after Blue Angels, Thunderbirds grounded

(Newser) - Automatic federal budget cuts have sent air shows around the US into a tailspin from which some may never recover. The Blue Angels and Thunderbirds jet teams and the Golden Knights parachute team, the biggest attractions at many shows, were grounded April 1, causing 60 of the country's 300...

GOP Leaders Like Obama's Social Security Cuts

Hearings to begin in House subcommittees this week

(Newser) - Democrats aren't happy with the part of President Obama's budget proposal that involves cutting Social Security benefits , but Republican leaders just love it, the Washington Post reports. John Boehner is trying to muffle any GOP criticism of the budget proposal, which is mainly coming from Republican lawmakers...

US Might Try to Catch an Asteroid

Plan would bring million-pound rock close enough for exploration

(Newser) - President Obama's budget proposal will include funds for a wild plan to use a robotic spacecraft to snag an asteroid and drag it close enough to Earth for astronauts to land on and study it, Aviation Week reports. The project, as dreamed up in a study last year by...

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