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Keyword: budget

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  • Italy's finance chief says budget talks with the EU will continue despite disagreements

    11/06/2018 9:54:18 AM PST · by BenLurkin · 5 replies
    CNBC ^ | Sylvia Amaro
    The European Commission decided to ask Italy to change its 2019 budget plan and to submit the new version by November 13. However, back in Rome, government members have said they will not change their spending plans. The European Commission will announce on November 21, an opinion on all of the euro zone's draft budgets. If there is no change in the budget plan, Brussels could eventually open an excessive deficit procedure (EDP) — a legal step that aims to help countries respecting European fiscal rules and putting their finances back on track. Pierre Moscovici, commissioner for economic affairs, told...
  • Budget reconciliation is the key to building the border wall

    10/17/2018 10:12:06 AM PDT · by BeauBo · 9 replies
    The Hill ^ | 10/17/18 | BY REP. BRADLEY BYRNE (R-ALA.)
    Over the last 20 years, budget reconciliation has been used as a powerful tool to bypass filibusters and accomplish priority issues for the majority party with only 50 votes in the Senate. ...That is why I (Rep. Bradley Byrne) am introducing a bill, the Fifty Votes for the Wall Act, that I am confident could meet the requirements of budget reconciliation and survive the Byrd Rule’s tests. The bill creates a new mandatory spending program, providing up to $25 billion, to fully fund President Trump’s border wall.
  • McConnell to seek $5B for border wall

    10/13/2018 4:40:39 PM PDT · by BeauBo · 26 replies
    Washington Examiner ^ | October 11, 2018 | Susan Ferrechio
    Mitch McConnell, R-Ky., told the Washington Examiner Thursday the Senate won’t stick to the $1.6 billion wall funding included in the Senate’s 2019 Homeland Security Appropriations measure. Instead, it will try to raise the amount to match the House Homeland spending bill, which includes $5 billion for the wall. ...Trump said Thursday during an extensive interview on Fox and Friends: “But right after the election we're doing something very strong on the wall.
  • Paul Ryan warns of post-election border wall funding fight

    10/08/2018 6:45:32 PM PDT · by BeauBo · 40 replies
    Washington Examiner ^ | October 08, 2018 | Susan Ferrechio
    (Speaker Paul) Ryan said lawmakers have not determined how to resolve differences over the wall funding. A House Homeland Security appropriations bill provides $5 billion in funding, but the Senate version includes $1.6 billion. ...the Senate will require the help of at least nine Democrats to pass spending measures thanks to the filibuster rule.
  • As Storms Keep Coming, FEMA Spends Billions in ‘Cycle’ of Damage and Repair

    10/08/2018 4:16:45 PM PDT · by Theoria · 12 replies
    The New York Times ^ | 08 Oct 2018 | Kevin Sack and John Schwartz
    In the exact spot where Hurricane Katrina demolished the Plaquemines Parish Detention Center, a new $105 million jail now hovers 19 feet above the marsh, perched atop towering concrete pillars. Described by a state official as the “Taj Mahal” of Louisiana corrections, it has so much space that one of every 27 parish residents could bunk there. But on an average day in the first half of this year, more than 40 percent of its 872 beds went unoccupied, making it one of the emptiest jails in the state, records show. And because of its isolated, flood-prone location, the jail...
  • Trump cancels scheduled pay raises for most federal employees

    08/30/2018 12:09:00 PM PDT · by Oldeconomybuyer · 63 replies
    NBC "News" ^ | August 30, 2018 | by Adam Edelman
    In a letter to House and Senate leaders, Trump claimed "federal agency budgets cannot sustain such increases." President Donald Trump announced Thursday that he was canceling pay raises for most federal employees that had been set to go into effect in January, citing government budget concerns. In a letter to House and Senate leaders, Trump wrote that he’d decided “across-the-board” pay raises as well as locality pay raises for civilian federal workers in 2019 would be frozen. “I have determined that for 2019, both across‑the‑board pay increases and locality pay increases will be set at zero,” he wrote. “These alternative...
  • Defense Budget Shifts Military's Focus From Terrorism To China And Russia

    08/30/2018 9:45:47 AM PDT · by CondoleezzaProtege · 3 replies
    NPR ^ | Aug 2018 | David Welna
    The National Defense Authorization Act for Fiscal Year 2019 was enacted this month well ahead of a still-pending budget bill. It was also the earliest date on the legislative calendar that the NDAA has been sent to a president for his signature in more than two decades. Congress matched dollar-for-dollar what the Pentagon asked for. The bill sped through Congress as the nation's military continues waging war in Afghanistan, Syria, Yemen, Iraq, Niger, Libya, Somalia and an untold number of other global hot spots. All arise from what's been the Pentagon's main post-Sept. 11 focus: fighting terrorism. But this new...
  • Top committee Republicans vote for border provision WORSE than amnesty

    07/26/2018 6:30:03 AM PDT · by huldah1776 · 56 replies
    Conservative Review ^ | July 26, 2018 | Daniel Horowitz
    ...Yesterday, the House Appropriations Committee, during a markup of the fiscal year 2019 DHS funding bill, voted to block the new USCIS guidance to properly interpret “credible fear” as fear of an individualized persecution by a government. As we noted before, this is the lynchpin of the entire border surge, and unless we properly interpret the law as written, the border surge, drugs, gangs, and all of the fiscal and social ills that come with them will never stop. Yet Rep. Kevin Yoder, R-Kan., — yes, that Kevin Yoder — gave his support to this Democrat amendment, and it passed...
  • Phil Murphy warns he'll make huge cuts if there's no budget deal with Democratic leaders

    06/26/2018 9:59:34 AM PDT · by pepsi_junkie · 5 replies ^ | June 25, 2018 | Samantha Marcus
    Gov. Phil Murphy said Monday that absent a last-minute deal with his fellow Democrats who run the New Jersey Legislature, he will be forced to cut $855 million in spending from the state budget lawmakers passed last week. "That's unfortunately the option that we'd be left with," Murphy said at a news conference at his office in Trenton. The Legislature passed a budget on Thursday that, in defiance of Murphy, does not include his plans to raise taxes on personal income over $1 million or boost the state sales taxes from 6.625 percent back to 7 percent. Murphy would not...
  • Senate refuses to cut a penny from $1.3 trillion budget

    06/21/2018 8:14:26 AM PDT · by SeekAndFind · 26 replies
    American Thinker ^ | 06/21/2018 | Rick Moran
    Two Republicans voted with Democrats in the Senate yesterday to defeat a bill that would have cut $15 billion from the $1.3 trillion budget request passed in March. Susan Collins and Richard Burr voted with every Democrat to deny a White House request to rescind less than one half of one percent of the budget. Daily Caller: "It is disappointing that the Senate chose to reject this common-sense plan,” White House budget director Mick Mulvaney said in a statement, “and the American people should be asking their representatives in Washington one simple question: If they cannot pass good-government legislation...
  • Appropriations Committee Releases the Fiscal Year 2019

    06/16/2018 7:33:11 AM PDT · by Drango · 7 replies
    Appropriations Committee Releases the Fiscal Year 2019 Labor, Health and Human Services, Education Funding Bill Legislation targets funding to programs that reflect American values –medical research, programs to fight the opioid epidemic, and essential education programs for students Washington, June 14, 2018 The House Appropriations Committee today released the draft fiscal year 2019 Labor, Health and Human Services, and Education (LHHS) funding bill, which will be considered in subcommittee tomorrow. The legislation includes funding for programs within the Departments of Labor, Health and Human Services, and Education, and other related agencies, including the Social Security Administration. In total, the draft...
  • House approves Trump's bill to slash $15 billion in federal funds...

    06/08/2018 6:21:10 PM PDT · by caww · 38 replies
    washingtonexaminer ^ | 6/7/2018 | by Al Weaver
    Late Thursday the House passed President Trump's proposal to rescind $15 billion in previously appropriated funding by the government that was never spent.....Lawmakers approved the bill in a narrow 210-206 vote, which was close because 17 Republicans voted against it. The vote is meant to put conservatives at ease about the huge two-year spending deal lawmakers reached this year, which will increase spending by about $300 billion over that period of time. President Trump and the White House worked closely with House Majority Leader Kevin McCarthy, R-Calif., on the package, entitled the Spending Cuts to Expired and Unnecessary Programs Act....
  • See the list: Gov. John Bel Edwards vetoes projects in state construction bill

    06/08/2018 8:01:19 AM PDT · by Tolerance Sucks Rocks · 2 replies
    The Advocate ^ | June 6, 2018 | Mark Ballard
    <p>Acadiana lost $26.6 million in proposed construction projects with the stroke of Gov. John Bel Edwards veto pen Wednesday.</p> <p>Twenty-nine projects were part of the 40 items struck from the state’s annual construction budget by Edwards using his line-item veto authority.</p>
  • House passes Trump's plan to claw back $15 billion in spending

    06/08/2018 5:37:11 AM PDT · by cotton1706 · 24 replies ^ | 6/7/18 | Juliegrace Brufke and Niv Elis
    The House voted along party lines late Thursday to pass a White House proposal that would claw back nearly $15 billion in previously approved government funding. The House approved the measure in a vote of 210-206, with conservatives calling it a step in the right direction after they ripped into the price tag of the $1.3 trillion spending bill President Trump signed earlier this year
  • (NJ) Gov. Phil Murphy's got a revenue problem? It's the spending, stupid!

    06/06/2018 11:37:51 AM PDT · by Coleus · 10 replies
    star ledger ^ | 05.27.18 | Paul Mulshine
    I was driving over to Trenton the other day when I noticed a white sports car coming up on my left. At first I thought it was a Corvette. But as it sped past I realized it was something far more exotic: an Acura NSX. At $200,000, the NSX costs about $130,000 more than a Corvette. But it was so beautiful I decided I needed to buy one anyway. Unfortunately, I have a revenue problem. The Star-Ledger doesn't pay me that kind of dough. So I'm stuck with my current sports car, which was built in the prior millennium. That's...
  • GAO Maps Out Agency Spending on Climate Change

    06/01/2018 7:30:38 AM PDT · by Oldeconomybuyer · 5 replies
    Government ^ | May 31, 2018 | By Charles S. Clark
    In a broad-ranging compendium requested by one of Congress’s most vocal skeptics about climate change, the Government Accountability Office on Wednesday released an agency-by-agency breakdown of spending related to the politically divisive topic. The report tracks spending since 1993 by agency, category and program. Since 1993, agencies have spent more than $154 billion for “activities to understand and address climate change,” a push that has risen in recent years from about $2.4 billion across 10 agencies in fiscal 1993 to about $13.2 billion across 19 agencies in proposed budget authority for fiscal 2017. In the past seven years, for example,...
  • Budget battle brews as Trump threatens another shutdown [oh noes]

    05/27/2018 1:45:10 PM PDT · by Olog-hai · 15 replies
    Associated Press ^ | May 27, 2018 1:09 PM | Andrew Taylor
    President Donald Trump has warned Congress that he will never sign another foot-tall, $1 trillion-plus government-wide spending bill like the one he did in March. His message to lawmakers in both parties: Get your act together before the next budget lands on my desk. After a brief government shutdown earlier this year, Democrats and Republicans now agree on the need for budgeting day-to-day operations of government by the old-fashioned way. That means weeks of open debate and amendments that empower rank-and-file lawmakers, rather than concentrating power in the hands of a few leaders meeting in secret. But Capitol Hill’s dysfunction...
  • Trump to Request $500 Million More for Border Wall

    05/23/2018 10:10:46 AM PDT · by BeauBo · 17 replies
    National Review ^ | 21 May, 2018 | MAIREAD MCARDLE
    President Donald Trump is set to bump up his request for (FY 19) border-wall funding by $500 million, a new report says. The president will request at least $2.2 billion to build the wall in the budget for the next fiscal year, which begins in September, according to Politico.
  • Bob Corker: Let’s Face It, No One Cares About Fiscal Responsibility

    05/18/2018 1:25:24 PM PDT · by SeekAndFind · 32 replies
    Hotair ^ | 05/18/2018 | Allahpundit
    There are truths, and there are truth bombs. Occasionally, though, there are truth nukes. Someone asks Corker about fiscal responsibility. He answers, “Yeah, I’m just over it. Nobody cares. The President isn’t going to deal with it, he made it clear in the campaign.” @WRCB— Michelle Heron (@MichelleWRCB) May 18, 2018 Somewhere Paul Ryan is sitting alone amid the rubble of entitlement reform, all alone and sobbing like Burgess Meredith at the end of that “Twilight Zone” episode.In isolation, that tweet makes it sound like Corker is blaming Trump. Not really. Watch the clip below and you’ll find him...
  • EU unveils first post-Brexit budget

    05/02/2018 3:02:39 PM PDT · by BBell · 2 replies
    The European Union has unveiled its first long-term budget for the post-Brexit era......coming in at 1.279 trillion euros for the 2021 to 2027 period. ​The departure of Britain, a net contributor, means other member states will have to pay more. ​To plug the gaps there'll be cuts to agricultural subsidies, but also increased contributions to areas considered to be priorities - such as migration and defence. ​EU Budget Commissioner Gunther Oettinger said: "We are going to tackle these problems by saving and by asking the member states to contribute a little bit more. Both saving and spending more, we believe...