Week in Review, or Reconciliation Revisited
Members of Congress return to Washington this week after a week long recess. Today, the House Budget Committee will mark up two bills —The Sequester Replacement Act of 2012 (H.R. 4966) and The Sequester Replacement Reconciliation Act of 2012—aimed at replacing sequestration, the mandatory cuts scheduled to begin in January 2013. CQ reports that the [...]
Week in Review, or Countdown to a Shutdown
State of Play A government shutdown was narrowly averted last week when, hours before the midnight April 8th deadline, President Obama, Senate Majority Leader Harry Reid (D-NV), and Speaker of the House John Boehner (R-OH) finally announced a deal had been reached to cut $38 billion in spending from current Fiscal Year (FY) 2011 levels. [...]
Week in Review and Return of the Cherry Blossoms!
State of Play The cherry blossoms returned to Washington last week, along with members of Congress after their spring recess. While negotiations on federal spending levels continued, Democrats and Republicans appeared to be coalescing around a spending bill with $33 billion in cuts from current levels, much less than the $61 billion in cuts included [...]
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