Congress Moving to Wrap Up Budget, Farm Bill With Short-Term Extensions

By: Friday July 27, 2012 10:55 am

With conservatives in retreat, it does look like we’ll get a six-month stopgap spending bill that will put off any budget hostage-taking until next March, when the character of Congress may change dramatically because of the elections. Politico advances the ball on that story today. Apparently, House Republicans figured out that they have to stand [...]

Drought Will Raise Food Prices in What Could Be an Endless Cycle

By: Thursday July 26, 2012 8:55 am

The drought conditions in the Midwest show no sign of letting up, and if you believe the overwhelming amount of evidence on climate change, amounts to something approaching a new normal. So the first thing I’d say about this projection of food prices as a result of the drought is that, in a constantly warming [...]

Liberals Protest Food Stamp Cuts in House Farm Bill

By: Tuesday July 10, 2012 6:22 am

The Senate already passed a farm bill that cut food stamps by around $4.5 billion. The House’s version is even more punitive, and House Democrats are upset that their leader on the Agriculture Committee let it go through without putting up much of a fight. Liberal Democrats are fuming over $16 billion in cuts to [...]

Health Care Repeal Vote Scheduled for January 12, with Vote on the Rule Friday

By: Tuesday January 4, 2011 8:28 am

So the first major legislation the House Republican majority will embark upon is up at the Rules Committee site. On January 12, they will vote on a largely symbolic full repeal of the health care law. The two-page bill is available right here. They went with the “Repealing the Job-Killing Health Care Law Act.” I [...]

State Aid Will Pass, But Won’t Stop the Consequences of Cutbacks

By: Monday August 9, 2010 7:00 am

Politico tried to add a hint of drama to this week’s return of the House of Representatives by suggesting that Democrats didn’t have the votes to pass the state fiscal aid bill. They reach this conclusion by quoting unnamed aides saying the exact same “I never assume anything” stuff they always say, and also citing [...]

Key FinReg Components Under Threat

By: Saturday June 12, 2010 11:23 am

Mike Konczal (who I had the pleasure of meeting at the America’s Future Now conference) has written a report outlining his dream scenario for the Wall Street reform conference committee, coming up with the best of both the House and Senate bills. He has four topic headings: Making Resolution Authority Credible Getting Our Banks Capitalized [...]

Section 716, and How to Keep It

By: Friday June 11, 2010 1:23 pm

I alluded to this in my conference committee post, but the Wall Street Journal has more about the intra-Democratic fight over derivatives rules, with Collin Peterson the designated villain: House Agriculture Committee Chairman Collin Peterson (D., Minn.) said lawmakers should adopt the House bill, while Senate Agriculture Committee Chairman Blanche Lincoln (D., Ark.) and other [...]

Pelosi: I Support Strong Volcker Rule, Senate Derivatives Title

By: Tuesday June 1, 2010 2:11 pm

Fielding questions with progressive bloggers, House Speaker Nancy Pelosi told FDL News that she personally supports two key measures of the Wall Street reform package that reformers will fight for in conference, and that the House conferees on the bill will have a goal of seeing the most progressive legislation possible come forward, even if [...]

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