Senators Sessions and Snowe Get Specific on Budget Process Reform

Budget process reform is back in vogue. Coming on the heels of yesterday’s hearings about budget process in both the House and Senate, Senators Jeff Sessions (R-AL) and Olympia Snowe (R-ME) have introduced a bill that would reform pieces of the budget process to avoid certain gimmicks and make other improvements.  Their "Honest Budget Act" would,

Lieberman and Coburn Urge Super Committee to Take Up Medicare

The submissions keep on coming. Now, Senators Tom Coburn (R-OK) and Joe Lieberman (I-CT) have sent a letter to the Super Committee, pressing them to consider their Medicare proposal.

36 Senators Call for Super Committee to "Go Big"

Update: The Gang of 36 has grown to 45 --23 Republicans, 21 Democrats, and 1 Independent. See below for the full list of participating Senators.

More Support for the Gang of Six

As the debt-ceiling proposals from Rep. Boehner and Sen. Reid continue to be debated, support for the comprehensive, balanced proposal offered by the Senate's Gang of Six early last week continues to build.

Timing Shouldn't Be a Problem for the Gang...

Despite broad enthusiasm for the Gang of Six proposal released yesterday, some have argued that there isn't enough time to put it into law. Senator Majority leader Harry Reid said, for example:

The Gang's All Here

The Gang of Six has been working on a fiscal plan for months now, and it appears that they are now ready to step into the debt debate in the eleventh hour. More positively, it looks like they may have a wide swath of support in the Senate.

Senator Coburn Introduces New Deficit Reduction Plan

At a press conference earlier this afternoon, Sen. Tom Coburn (R-OK) officially released his deficit reduction plan, Back in Black--not to be confused with the Peterson-Pew report Getting Back in the Black. The package offers a wide range of savings options, totaling a little over $9 trillion. The plan is extremely detailed -- as Sen.

Details Emerging About Sen. Conrad's Budget

It's the budget that's been stuck in limbo. Sen. Kent Conrad (D-ND), chairman of the Senate Budget Committee, has reportedly been working on a Senate Democratic budget for months, seemingly having held off to see what happens first with the Gang of Six and now with the debt ceiling negotiations. While there has been no official release yet, we do have some broad outlines of what the budget looks like from a speech Sen. Conrad gave yesterday on the floor of the Senate.

‘Line’ Items: Goals Edition

Clutch Goals -- The U.S. Women’s Soccer team scored an improbable victory over Brazil on Sunday in the Women’s World Cup, overcoming a scoring and manpower deficit with a last-minute goal and sealing the victory through penalty kicks. A similar storyline is playing out in Washington involving a different deficit -- the federal budget deficit. It looks as if negotiations to raise the statutory debt limit and reduce the deficit will also come down to the wire.

‘Line’ Items: Independence Day Edition

More Fireworks in Store – Washington, DC celebrated Independence Day on Monday night with its annual fireworks display on the National Mall. Though the traditional pyrotechnics may be out of the way, lawmakers returning to work today could produce more fireworks in the nation’s capital.

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