The Next Payroll Tax Fight: A Preview

By: Friday December 23, 2011 8:55 am

With the two-month stopgap put to bed, all eyes turn to the next round on the fight to extend a payroll tax cut and unemployment insurance. Once this law is signed, lawmakers will have until the end of February to reach agreement on what they claim to want, a year-long extension on the above two [...]

More Details on Omnibus Spending Bill Passing Congress Today

By: Friday December 16, 2011 11:38 am

Now that we know the state of play on the one year-end bill left outstanding, let’s redirect to the one that’s moving through the system currently. The House just passed the omnibus appropriations bill, funding all government agencies through the rest of the fiscal year, until September 30, 2012. It’s on to the Senate, where [...]

Spending Deal Set, Two-Month Payroll Tax and UI Extension Floated

By: Friday December 16, 2011 6:21 am

Lawmakers agreed last night to a $1 trillion omnibus spending package, which will fund the government for the rest of the fiscal year, until September 30, 2012. The agreement eliminates some but not all of the policy riders that Republicans coveted in the deal. A deal on a $1 trillion spending bill was reached after [...]

White House Wants Short-Term Funding, Has Problems With Omnibus

By: Thursday December 15, 2011 7:05 am

It’s Thursday. The government runs out of money on Friday. And there doesn’t appear to even be negotiations on resolving the impasse, which is tied up in the year-end extensions of the payroll tax cut and unemployment insurance. So the odds of a government shutdown are quite high. Last night, the White House released an [...]

Reid Heads Off Republicans, Ties Payroll Tax/UI Bill to Omnibus Spending Package

By: Tuesday December 13, 2011 10:55 am

Senate Majority Leader Harry Reid is attempting a high-stakes gamble, tying the payroll tax/unemployment insurance legislation that the House will vote on today with the omnibus spending bill to avoid a government shutdown. Without compromise on the former, according to Reid, the latter cannot pass. Here are some remarks from Reid on the Senate floor [...]

Payroll Tax Cut: Reid Vows to Stay in Session, Obama Rejects Unrelated Riders

By: Wednesday December 7, 2011 1:34 pm

I mentioned earlier today all of the poison pills that House Republicans want to tuck into their payroll tax/unemployment insurance legislation. Their plan is to pass something with these right-wing riders attached to attract conservative votes, preferably next Wednesday, and then leave town for the year. This has been thwarted on two fronts today. First, [...]

Spending Measure Slashes CFTC Funding

By: Tuesday November 15, 2011 7:35 am

Negotiators for the House and Senate reached agreement on a temporary spending bill that will fund the government through December 16 and also finish off a series of appropriations bills. So now, we’ll begin to see the true impact of budget freezes and austerity measures. One of the first victims is the Commodity Futures Trading [...]

Policy Riders at Issue with Government Funding Bills

By: Wednesday November 2, 2011 8:15 am

I mentioned yesterday that we were headed for a looming government shutdown in a couple weeks, because Republicans appeared poised to, just like back in April, demand certain concessions as a condition for allowing a continuing resolution to fund the government. Back then it was about spending cuts, though several policy riders played a role [...]

Jobs Measures Doomed, Shutdown Looms: Your Congress in 2011

By: Tuesday November 1, 2011 12:14 pm

I guess the President is meeting with House Democrats at this hour to map out some kind of strategy on jobs and the economy. Regardless of the strategy, here’s what’s going to happen: there will be no jobs bills, and Republicans will bring the country to the verge of a government shutdown. Again. On the [...]

Several Pitfalls on the Road to a Budget Agreement for FY2012

By: Monday August 29, 2011 8:15 am

We’ve heard a lot about how a newly-humble GOP will come back and make as little a fuss about the federal budget as humanly possible, quietly agreeing to spending levels for annual appropriations and moving the budget process along. Carl Hulse has another example in the genre: While provisions to raise the debt limit and [...]

Mica Readies Bill to Pay Back FAA Workers Harmed By His Tactics

By: Tuesday August 9, 2011 2:17 pm

This is pretty unbelievable. Republicans were so slapped around by the FAA fight that they’ve initiated a bill providing back pay to workers affected by the partial shutdown. It looks like a legit bill. This would only apply to FAA personnel, not contractors or construction workers, but they will be paid on the basis of [...]

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