Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Budget deal set spending levels for two fiscal years.
Murray Says Senate Won't Move 2015 Budget Resolution
By Paul M. Krawzak
Senate Budget Chairwoman Patty Murray confirmed Friday that the Senate will not move a fiscal 2015 budget resolution even as House Budget Chairman Paul D. Ryan began meetings with fellow Republicans aimed at crafting a House tax and spending blueprint for the fiscal year starting Oct. 1.
Murray, D-Wash., said no new budget resolution is needed, however, because the budget deal (PL 113-67) Congress approved in December already sets the discretionary spending limit for the coming year.
Murray said that with the appropriations committees already working on fiscal 2015 spending bills based on the budget agreement, “we should work together to build on our two-year bipartisan budget, not create more uncertainty for families and businesses by immediately re-litigating it.”
Congress in that agreement reduced the discretionary spending cuts required under sequester by raising the discretionary caps to $1.012 trillion in fiscal 2014 and $1.014 trillion in fiscal 2015.
- more -
http://www.rollcall.com/news/murray_says_senate_wont_move_2015_budget_resolution-231157-1.html
By Paul M. Krawzak
Senate Budget Chairwoman Patty Murray confirmed Friday that the Senate will not move a fiscal 2015 budget resolution even as House Budget Chairman Paul D. Ryan began meetings with fellow Republicans aimed at crafting a House tax and spending blueprint for the fiscal year starting Oct. 1.
Murray, D-Wash., said no new budget resolution is needed, however, because the budget deal (PL 113-67) Congress approved in December already sets the discretionary spending limit for the coming year.
Murray said that with the appropriations committees already working on fiscal 2015 spending bills based on the budget agreement, “we should work together to build on our two-year bipartisan budget, not create more uncertainty for families and businesses by immediately re-litigating it.”
Congress in that agreement reduced the discretionary spending cuts required under sequester by raising the discretionary caps to $1.012 trillion in fiscal 2014 and $1.014 trillion in fiscal 2015.
- more -
http://www.rollcall.com/news/murray_says_senate_wont_move_2015_budget_resolution-231157-1.html
You mean the budgets for fiscal 2014 and fiscal 2015 are already set? Who knew? LOL!
<...>
The move will keep Democrats' election-year fiscal message focused on President Barack Obama's own 2015 budget request, due out on Tuesday, which will lay out his plans to shift spending to education, roads and expanding a tax credit for the working poor.
"While this budget year is settled and it wouldn't be productive to relitigate it so soon after our two-year deal, I plan to work with my colleagues on the Budget Committee to lay out our long-term vision for creating jobs, boosting the economy, and tackling our deficits fairly and responsibly," Murray said.
<...>
http://www.reuters.com/article/2014/02/28/us-usa-fiscal-senate-idUSBREA1R1U420140228
The move will keep Democrats' election-year fiscal message focused on President Barack Obama's own 2015 budget request, due out on Tuesday, which will lay out his plans to shift spending to education, roads and expanding a tax credit for the working poor.
"While this budget year is settled and it wouldn't be productive to relitigate it so soon after our two-year deal, I plan to work with my colleagues on the Budget Committee to lay out our long-term vision for creating jobs, boosting the economy, and tackling our deficits fairly and responsibly," Murray said.
<...>
http://www.reuters.com/article/2014/02/28/us-usa-fiscal-senate-idUSBREA1R1U420140228
