Appropriations

  March 4, 2013, 6:05 pm

House spending bill adds $2B for embassy security post-Benghazi

By Julian Pecquet

The State department had called for a "serious and sustained commitment from Congress" to address security after the attack.

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Archived under: Appropriations, Terrorism
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  March 4, 2013, 7:26 am

This week: Sequestration begins as Congress returns

By Peter Schroeder

Both chambers of Congress will be back this week with sequestration in place and a government shutdown possible in just a matter of weeks.

When lawmakers return to work, they will be back after having failed to strike a deal to avoid at least the beginning of $85 billion in indiscriminate spending cuts known as sequestration.

While the deadline will have come and gone, the cuts themselves will only just be beginning, with many of the most dramatic parts, like furloughs of federal employees, still several weeks away. As a result, Congress will still have time to craft a replacement package if it chooses.

Meanwhile, Capitol Hill leaders will also have to turn their attention to the next looming deadline. On March 27, the government will shut down unless Congress can put together a continuing resolution to keep it funded.

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Archived under: Appropriations, Budget, Banking/Financial Institutions, Economy, Trade
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  February 28, 2013, 4:57 pm

White House offers sequester guidance

By Erik Wasson

The White House has issued a new memo guiding agencies on how to implement the $85 billion in budget cuts.

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Archived under: Appropriations, Budget/Appropriations
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  February 28, 2013, 1:51 pm

White House threatens veto of Senate GOP sequester bill

By Erik Wasson

An administration statement says the measure attempts to shift focus away from Congress and "protect tax loopholes for the wealthy."

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Archived under: Appropriations
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  February 27, 2013, 9:19 pm

Key House conservatives say they can support measure to fund government

By Erik Wasson

“If we get the CR at the post-sequester level that is a big win," says Rep. Jim Jordan.

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Archived under: Appropriations
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  February 27, 2013, 6:00 am

Senate GOP divided on sequester plan

By Erik Wasson

A proposal that would give President Obama more flexibility to carry out sequester cuts is being met with resistance

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Archived under: Appropriations, Budget/Appropriations
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  February 25, 2013, 12:16 pm

Coburn tells OMB to freeze hiring of non-essential workers

By Erik Wasson

By not filling low-priority positions, senator says government could save some employees from furloughs.

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Archived under: Appropriations, Global Trade & Economy
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  February 25, 2013, 7:12 am

This week: The last week before sequester

By Peter Schroeder

Congress returns for what promises to be a frenetic final week before the sequester hits, with no compromise in sight between the two parties.

President Obama spent the last week with Congress out of session hitting Republicans on the automatic spending cuts, and is demanding tax revenue be part of any replacement, while the GOP contends that they’ve come up with an acceptable alternative made up entirely of cuts.

This week the Senate will likely be occupied by dueling proposals to replace the $85 billion in cuts set to take effect on March 1, but it remains to be seen whether the two parties will scramble for a last-ditch compromise before Friday.

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Archived under: Appropriations, Budget, Banking/Financial Institutions, Economy, Housing
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  February 17, 2013, 11:05 am

Sens. Graham, Paul split over harm from sequestration cuts

By Erik Wasson

Graham argued the cuts would "unvravel" the U.S. military, while Paul said sequestration was not "a real cut in spending."

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Archived under: News, Appropriations, Sunday Talk Shows, Budget/Appropriations
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  February 15, 2013, 2:23 pm

McKeon: 'Sequester is going to kick in'

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]."

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Archived under: Appropriations, Budget/Appropriations
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