federal budget

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House, Senate Negotiators Reach Early Budget Deal

Ryan, Murray replace some sequester cuts

(Newser) - No shutdown drama this time? House and Senate negotiators have reached a budget deal well ahead of the Jan. 15 deadline, reports USA Today . Republican Paul Ryan of the House and Democrat Patty Murray of the Senate announced the $85 billion package this evening, with votes in both chambers expected...

GOP Looks Ready to Sabotage Itself Again
GOP Looks Ready to Sabotage Itself Again
OPINION
Dec 3, 2013 12:55 PM CST

GOP Looks Ready to Sabotage Itself Again

'Wall Street Journal' editors say budget standoff could negate ObamaCare gains

(Newser) - The conservative editorial page of the Wall Street Journal sounds pretty hopeful that the troubles of ObamaCare will translate into solid GOP gains in next year's midterms. But the editors also see signs that Republicans are going to once again blow it with a "stupid, futile budget standoff....

Fudged Pentagon Accounts Hide Wasted Billions
 Pentagon's Cooked 
 Books Hide Lost Billions 
INVESTIGATION
Nov 19, 2013 3:51 AM CST

Pentagon's Cooked Books Hide Lost Billions

Reuters finds $8.5T in spending has never been audited

(Newser) - A Reuters investigation looks deep inside one of the biggest and most complex works of military fiction of all time: the Pentagon's books. Defense Department sources say it is routine to use phony numbers—"plugs"—to make the numbers of defense agencies match those from the Treasury...

End of an Era: No More Paper Nautical Charts

Come April, the big maps will be a thing of the past

(Newser) - The digital age is doing away with a mariner tradition: The federal government will stop printing old-school nautical charts this April, reports NPR . Those would be the 3-by-4-foot paper charts that nobody used much more anyway, notes AP . Instead, boaters have increasingly relied on digital maps and "print-on-demand" charts...

Government Shutdown: No End in Sight

Dems shoot down GOP 'piecemeal' strategy

(Newser) - It's Day 2 of the government shutdown and it's starting to look like this could go on for a while. In contrast to other budget showdowns of recent years, there have been no serious negotiations between President Obama and John Boehner—and no sign that Joe Biden and...

Government Shutdown? &#39;Bring It On&#39;
Government Shutdown? 'Bring It On'
OPINION
Sep 24, 2013 12:33 PM CDT

Government Shutdown? 'Bring It On'

Matthew Yglesias: A brief one gives us a chance to fix this mess now

(Newser) - We're less than a week away from a possible government shutdown , but it probably won't come to pass, writes Matthew Yglesias at Slate . The safe money right now says that Ted Cruz won't be able to fend off the inevitable result: Republicans will agree to yet another...

It's Shutdown Week, and Nobody Trusts Anybody

Your guide to the next round in Washington's endless fiscal wars

(Newser) - Washington has eight days left before the continuing resolution funding the government runs out, and this latest round of brinksmanship might be the worst yet, for a simple reason: None of the major players like or trust each other anymore, the Hill observes. Here are the relationships at play:
  • President
...

Boehner: Fund Government, Defund ObamaCare

Says House will vote on it; debt ceiling being drawn into drama as well

(Newser) - House Republicans have decided to make their latest game of political chicken all about ObamaCare. In a move Tea Party activists have been clamoring for, John Boehner told his caucus today that they would pass a bill to keep the government funded—but that it would defund ObamaCare. Eric Cantor...

Treasury Pays Down Debt for First Time Since Dubya

Taxes, cuts give Treasury unexpected $35B

(Newser) - Spending cuts and tax hikes have boosted the federal government's finances enough to actually pay off some debt for the first time since George W. Bush was president. The Treasury Department, which predicted earlier this year that it would end the second quarter another $103 billion deeper in debt,...

Latest Victim of Budget Cuts: Air Shows

Dozens of shows called off after Blue Angels, Thunderbirds grounded

(Newser) - Automatic federal budget cuts have sent air shows around the US into a tailspin from which some may never recover. The Blue Angels and Thunderbirds jet teams and the Golden Knights parachute team, the biggest attractions at many shows, were grounded April 1, causing 60 of the country's 300...

GOP Leaders Like Obama's Social Security Cuts

Hearings to begin in House subcommittees this week

(Newser) - Democrats aren't happy with the part of President Obama's budget proposal that involves cutting Social Security benefits , but Republican leaders just love it, the Washington Post reports. John Boehner is trying to muffle any GOP criticism of the budget proposal, which is mainly coming from Republican lawmakers...

US Might Try to Catch an Asteroid

Plan would bring million-pound rock close enough for exploration

(Newser) - President Obama's budget proposal will include funds for a wild plan to use a robotic spacecraft to snag an asteroid and drag it close enough to Earth for astronauts to land on and study it, Aviation Week reports. The project, as dreamed up in a study last year by...

Obama Signs Stopgap Bill, Averts Shutdown

Still hopes for budget deal, Jay Carney says

(Newser) - Yet another government shutdown has been averted. President Obama yesterday signed the continuing resolution to keep the government funded until Sept. 30, the last day of the fiscal year, The Hill reports. The bill includes sequester-related spending cuts, but White House press secretary Jay Carney said that shouldn't be...

Obama: Gay Marriage Bans 'Probably' Unconstitutional

President says debt sustainable for next 10 years

(Newser) - It looks like President Obama's views on gay marriage are continuing to " evolve ." When he first expressed his support for gay marriage last May, Obama also said he thought it was a state issue (a position he's since reaffirmed ). Now, however, the president is saying...

Ryan's New Budget Axes ObamaCare, $5T in Spending

Would balance over 10 years

(Newser) - Paul Ryan is unveiling his latest budget proposal, and this time, he says, it'll balance in 10 years—half the time he claimed for his previous budget, NPR notes, because he's including new revenue from the fiscal cliff deal. As promised, the new plan calls for repealing ObamaCare,...

Democratic Whip on Hill: 'We're Doing Stupid Things'

Steny Hoyer sums things up on Capitol Hill

(Newser) - Democratic leaders say they won't try to block a GOP spending bill to fund the government, despite taking issue with its contents. "We're not whipping at this time," Democratic Whip Steny Hoyer told reporters, according to the Hill and Politico . The reason? Because Democrats don't...

White House, GOP Upbeat on Avoiding Shutdown

Boehner cites agreement with Obama

(Newser) - The next big budget debate—over money to keep the government open—shouldn't be as fraught as the last one, leaders say. "The president agreed that we should not have any talk of a government shutdown," John Boehner told NBC in an interview broadcast yesterday. "So...

Stewart, Fox Mock Sequester Panic

Get ready for the end of life as we know it: hosts

(Newser) - It's not often that the Daily Show and Fox News are on the same page—but it seems the sequester is bringing them together. Both shows are ridiculing the current automatic-budget-cut obsession, Mediaite reports, with Jon Stewart last night donning a hazmat suit. We're "four days away...

White House: Here's How Sequester Will Hit Your State

State-by-state breakdown released as deadline looms

(Newser) - The White House has released detailed breakdowns of how the across-the-board spending cuts called the sequester will affect individual states, reports the Washington Post , which has collected the state-by-state reports here . The reports on all 50 states and the District of Columbia detail the sequester's effects on things like...

Obama Calls for Brief Sequester Dodge

Will seek budget cuts in address this afternoon

(Newser) - President Obama wants to put off the dreaded sequester just a little while longer. In an address this afternoon, Obama called for a handful of small budget cuts to justify pushing the automatic spending cuts back again, this time until after Congress has crafted a new federal budget, the Washington ...

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