Budget Process
Latest
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Senate Should Post Information on Spending
UPDATE: The Coburn amendment was agreed to on a 100-0 vote. The Senate today will consider a proposal from Senator Tom Coburn (R-OK) to post...
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Past Uses of Reconciliation
In last week's backgrounder blog post on budget reconciliation, we said that the process has been used 22 times in the past, with the President having...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times called on Congress to do more to create jobs...
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‘Line’ Items: Oscars Edition
Temporary Tax Extensions Avoid “The Hurt Locker” – The Senate passed H.R. 4691, a 30-day extension of several expired tax breaks and unemployment and...
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Constitutional Route Becoming Popular
Given the present economic and political climate, many are eying Constitutional changes to help improve the budget situation. In yesterday’s Wall...
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Don't Circumvent PAYGO on Jobs Bill
The CBO released an updated cost estimate* of the Senate jobs bill yesterday. This larger bill calls for further increased funding for unemployment...
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Health Reform by Reconciliation: Maligned, Misunderstood, but Misused Is Up for Debate
Unable to pass health care reform using “regular order,” Congressional Democrats now are turning to much-misunderstood process known as “budget...
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Senate Falls One Vote Shy of Considering Sessions-McCaskill Spending Caps Amendment
The Senate has just voted to not waive a Budget Act point of order raised against the Sessions-McCaskill amendment (#3337) to the Senate jobs bill...
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‘Line’ Items: A Lonely Road, Paying for Jobs
Highway to Nowhere – Sen. Jim Bunning (R-KY) has blocked a vote on temporarily extending unemployment and COBRA benefits, the Medicare “doc fix” as...
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Accounting for Fannie and Freddie
An editorial yesterday in the Wall Street Journal called on the Administration to support the reform of the two housing financing enterprises...
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CBO Scores Second Senate Jobs Bill
Today, Senate Majority leader Harry Reid introduced a second jobs bill, following the first $16 billion jobs bill (-$1.1 billion 11-year deficit...
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Herszenhorn Discusses Reconciliation For Health Care
Ever since Scott Brown's victory in Massachusetts, there has been a lot of talk about Democrats using budget reconciliation to pass a comprehensive...