House of Representatives

Parties Discuss Sequester Working Groups

A few members of Congress are now proposing House-Senate working groups to try and negotiate a compromise that would avoid the squester. From The Hill:

Sen. Kelly Ayotte (R-N.H.) said that forming the bipartisan working groups would be a critical piece in getting lawmakers in both chambers on the same page, regarding the automatic defense cuts under sequestration.

How Is the House Replacing the Sequester?

Update: CBO has posted scores for the Energy and Commerce and Oversight bills. They would save $113 billion and $83.3 billion, respectively, over ten years.

Comparing the House and Senate Agriculture Changes

Recently, both the House and Senate proposed cuts to the Department of Agriculture. Though the proposals are fairly similar in magnitude, they achieve their savings in very different ways. With the 2008 Farm Bill expiring in September, it will be interesting to see how these bills will shape the final outcome for that legislation.

The 2013 Budget Process Moves Forward...Sort Of

The House Republican budget resolution included reconciliation instructions to six committees to find $261 billion in savings over ten years intended to offset $78 billion from delaying the sequester for a year.

Budget Process Reforms in the Ryan Budget

The FY 2013 House Republican budget resolution, which has now been passed by the Budget Committee 19-18, contains a number of sweeping changes to the federal budget. And budget process is no exception.

Ryan Reprise: House Budget Committee Chairman Releases New Budget

This morning, House Budget Committee chairman Paul Ryan (R-WI) presented the House Republican budget, one that is similar to last year's budget resolution but contains some key differences. In an op-ed in the Wall Street Journal, Rep.

Line Items: Primary Edition

Deficit Secondary in Primary – The presidential primary campaign hits a key point this week as "Super Tuesday" contests in several states may go a long ways in determining who will face off against President Obama in November. Although voters constantly rank the economy and federal budget deficit as the top two issues, they seem to have taken a back seat to social issues in the campaign right now. However, CRFB’s U.S. Budget Watch project seeks to elevate fiscal policy in the election.

‘Line’ Items: Budget Day Edition

Big Day – Today is the big day in budget world. The White House released its fiscal year 2013 budget request. As you can imagine, CRFB has been busy going through the numbers and proposals. CRFB issued a statement earlier today with initial analysis and a paper examining the request is forthcoming. The budget would stabilize the debt at 76% of GDP in 2022.

House Passes Modified Line Item Veto

Expedited rescission authority, a cousin of the line-item veto, has been considered countless times by Congress since the line item veto was declared unconstitutional in 1998. In fact, CRFB president Maya MacGuineas recently testified on this proposal, which can be found here. Yesterday, it has passed the House by a 254-173 vote.

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