What the next debt ceiling fight will look like
December 19th, 2013
10:42 AM ET
4 months ago

What the next debt ceiling fight will look like

New York (CNNMoney) -- House Budget Chairman Paul Ryan and Senate Minority Leader Mitch McConnell said this week that Republicans will demand something in exchange for an increase in the debt ceiling early next year.

The White House, meanwhile, said it won't negotiate on the issue.

FULL STORY

Filed under: Budget
December 18th, 2013
04:49 PM ET
4 months ago

Budget deal: Progress or pragmatism?

Washington (CNN) -- When Republican Rep. Paul Ryan and Democratic Sen. Patty Murray held a news conference - together - to announce that they reached a deal on the federal budget, the ideological opposites received immediate praise for their cooperation.

And they reached their agreement that would avert a potential government shutdown in January just two days before the Congressionally imposed deadline for doing so.

FULL STORY

Filed under: Budget • Senate
December 18th, 2013
10:56 AM ET
4 months ago

No-drama budget vote: How can this be?

(CNN) - For the first time in what seems like ages, Congress is poised to give final approval to a government spending plan without resorting to last-minute brinksmanship such as midnight negotiations to prevent an imminent government shutdown.

The Senate is expected to pass the compromise federal budget framework Wednesday and send it to President Barack Obama, who has signaled his support.

FULL STORY

Filed under: Budget • Senate
December 18th, 2013
10:47 AM ET
4 months ago

Murray: Compromise was necessary on military pension cuts

Updated 12:54 p.m., 12/18/2013

(CNN) – Sen. Patty Murray, co-crafter of the bipartisan budget agreement and member of the veterans affair committee, said Wednesday cuts to pension benefits for some military veterans under the spending plan was a part of a compromise to avoid billions in cuts to the defense industry.

"We had to look at how we could find compromises. There are things in this I like and there are things in this I don't like," the Senate Budget Committee chair and Democrat from Washington State said in an interview on CNN's "New Day."
FULL POST


Filed under: Budget • Patty Murray • Senate • Veterans
CNN Vote Count: Budget deal has enough Senate support for final passage
December 17th, 2013
01:53 PM ET
4 months ago

CNN Vote Count: Budget deal has enough Senate support for final passage

Washington (CNN) – The budget deal that passed an important procedural hurdle in the Senate has enough support to win final Congressional approval this week, according to CNN's vote count.

On Tuesday, 67 Senators supported breaking a filibuster and moving towards a final vote – signaling that final passage of the agreement is all but certain.
FULL POST


Filed under: Budget • Senate
December 17th, 2013
11:27 AM ET
4 months ago

Budget deal: Who wins, who loses?

Washington (CNN) - The Murray-Ryan budget plan, which passed a key Senate vote Tuesday, punches way above its weight. The relatively skinny, 77-page bill would affect millions of Americans, as well as programs, fees, companies and, oh, the entire economy for years to come. Here's our scorecard:

FULL STORY

Filed under: Budget • Senate
Budget compromise clears Senate procedural hurdle
December 17th, 2013
10:44 AM ET
4 months ago

Budget compromise clears Senate procedural hurdle

Washington (CNN) - A federal budget compromise that already passed the U.S. House cleared a key procedural hurdle Tuesday in the Senate, increasing the likelihood it will win final congressional approval this week.

President Barack Obama has signaled his support for the plan worked out by the budget committee leaders in each chamber that would guide government spending into 2015 to defuse the chances of another shutdown such as the one that took place in October.

FULL STORY

Filed under: Budget • Senate
December 16th, 2013
02:28 PM ET
4 months ago

5 things that could complicate budget deal in the Senate

Washington (CNN) - The federal budget has always been a tool for partisanship, but never more so than in the past few years.

Like the awkward and irreverent distant relative at the dinner table, the Senate tried for several years to ignore it. But everyone knew it was in the room, helping to create a permanent state of partisan gridlock.

FULL STORY

Filed under: Budget • Senate
Senate supporters think they have votes for budget deal
December 16th, 2013
10:17 AM ET
4 months ago

Senate supporters think they have votes for budget deal

Washington (CNN) – It was smooth sailing in the House, but things are looking much tighter in the Senate for a bipartisan budget proposal that aims to avert another government shutdown and relax sweeping forced spending cuts.

Still, despite strong opposition to the compromise from Republicans, supporters are within striking distance of rounding up the votes they need to pass it in the Senate by the end of this week.

FULL STORY

Filed under: Budget • Senate
CNN vote count: Budget deal nearing Senate approval, but not there yet
December 16th, 2013
06:00 AM ET
4 months ago

CNN vote count: Budget deal nearing Senate approval, but not there yet

Washington (CNN) - The budget deal struck by Republican and Democratic lawmakers that easily passed the House of Representatives last week has run into some opposition in the Senate. But according to CNN's vote count, the deal appears close to passage.

There are currently a total of 39 aye votes for the budget, according to the count, with five Republicans joining 33 Democrats and one independent. All no votes, according to the count, are coming from Republicans, with 23 Senate offices telling CNN they plan to vote against the deal.

FULL POST


Filed under: Budget • Congress • Senate
« older posts
newer posts »