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February 28, 2013, 7:47 pm
By
Jeremy Herb
The Topline: Competing
Democratic and Republican bills to avoid sequestration failed in the Senate
as expected Thursday, and nothing else is in the pipeline to stop the $85 billion in spending cuts, set to go into effect Friday.
The day that so many people said would never come — because
the across-the-board cuts were so terrible that no one would let them happen —
has now arrived.
Read more...
Archived under:
Budget/Appropriations
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February 28, 2013, 4:57 pm
By
Erik Wasson
The White House has issued a new memo guiding agencies on how to
implement the $85 billion in budget cuts.
Read more...
Archived under:
Appropriations, Budget/Appropriations
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February 27, 2013, 6:00 am
By
Erik Wasson
A proposal that would give President Obama more flexibility to carry out sequester cuts is being met with resistance
Read more...
Archived under:
Appropriations, Budget/Appropriations
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February 25, 2013, 10:30 am
By
Jeremy Herb
The across-the-board cuts known as sequestration are set to
become a reality this week after looming over the country for 18 months.
But first, the Senate is expected to confirm former Sen.
Chuck Hagel (R-Neb.) as Defense secretary — just in time for the $46 billion
reduction to the Pentagon’s 2013 budget to land in his lap.
The sequester is set to begin on Friday, and there appears
to be little movement in Congress to stop the cuts from taking place. Instead,
congressional Republicans and the White House are battling over who’s to blame.
Read more...
Archived under:
Budget/Appropriations
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February 25, 2013, 6:00 am
By
Lara Seligman
The public feel strongly the budget should be balanced on the back of defense spending rather than Social Security and Medicare.
Read more...
Archived under:
Polls, Budget/Appropriations
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February 25, 2013, 6:00 am
By
Jeremy Herb and Carlo Muñoz
The Pentagon’s budget will be reduced to 2007 levels if the sequester takes effect on Friday.
Read more...
Archived under:
Budget/Appropriations
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February 22, 2013, 4:50 pm
By
Jonathan Easley
A new poll finds a majority opposes spending cuts for most government programs, including defense and entitlements.
According to a Pew Research poll released Friday, a majority supports either increasing spending or keeping spending at current levels for 18 of the 19 federal programs surveyed. The poll was issued a week before $85 billion in cuts are set to begin hitting the government on March 1. The most popular programs are veteran’s benefits, as 91 percent say it should be increased or maintained. Eighty-seven percent support keeping Social Security spending at current levels or increasing it, while 89 percent favor increased or current spending for education.
Read more...
Archived under:
News, Polls, Budget, Budget/Appropriations
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February 17, 2013, 11:05 am
By
Erik Wasson
Graham argued the cuts would "unvravel" the U.S. military, while Paul said sequestration was not "a real cut in spending."
Read more...
Archived under:
News, Appropriations, Sunday Talk Shows, Budget/Appropriations
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February 15, 2013, 2:23 pm
By
Carlo Muñoz
A leading Republican opponent of sequestration on Friday conceded that cuts to the Pentagon are likely to be triggered in March despite his warnings about dire consequences for the military.
Rep. Buck McKeon (R-Calif.), the chairman of the House Armed Services Committee, said the question now facing lawmakers is how long the sequestered cuts will stay on the books.
"Sequester is going to kick in and as people see what it is ... that will hopefully force us" to come up with a solution for stopping them, McKeon told reporters during a breakfast in Washington.
He said lawmakers have "locked ourselves" into sequestration due to the impasse over how to replace the more than $1 trillion in automatic budget cuts that are coming over 10 years.
"We are going to be forced into it," McKeon said. "We have just not been able to get past the politics of it [all]."
Read more...
Archived under:
Appropriations, Budget/Appropriations
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February 13, 2013, 3:35 pm
By
Erik Wasson
Appropriations Chairman Rogers is preparing a continuing resolution that would prevent a government shutdown beyond March 27
Read more...
Archived under:
Appropriations, Budget/Appropriations
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