Category Archives: Bill

Senate blocks votes on jobs bills

By doris | Published: October 21, 2011

Full Story at CNN.com Washington (CNN) — Democrats and Republicans tried to force versions of a jobs bill through the Senate late Thursday, but both fell short of the 60 votes they would have needed to bring their proposals to the floor. In a 50-50 vote, senators blocked a component of President Barack Obama’s jobs [...]

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Senate Democrats add millionaire tax to jobs bill

By doris | Published: October 6, 2011

Full Story at msnbc.com WASHINGTON — Senate Democrats are rewriting portions of President Barack Obama’s jobs bill to include a new 5 percent tax on income above $1 million — a proposal that is sure to be blocked by Republicans. Senate Majority Leader Harry Reid, D-Nev., said Wednesday he is changing the plan to make [...]

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House passes temporary spending bill

By doris | Published: October 5, 2011

Full Story at CNN.com Washington (CNN) — The Republican-controlled House of Representatives approved legislation Tuesday keeping the federal government funded through November 18 — effectively ending another partisan showdown over taxes and spending. House members passed the bill easily in a 352-66 vote. The measure, which also ends the latest threat of a government shutdown, [...]

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Disaster aid bill fails in Republican-led House

By doris | Published: September 22, 2011

Full Story at msnbc.com WASHINGTON — House GOP leaders are regrouping after a surprise loss on a measure to provide $3.7 billion for disaster relief and prevent a government shutdown at the end of next week. Speaker John Boehner of Ohio said Thursday that he would meet with Republican lawmakers this afternoon on Capitol Hill [...]

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Obama to propose $1.5 trillion in new tax revenue

By doris | Published: September 19, 2011

Full Story at msnbc.com WASHINGTON — President Barack Obama will propose $1.5 trillion in new taxes as part of a plan to identify more than $3 trillion in long-term deficit reduction and slow the nation’s escalating national debt. Obama’s tax plan is aimed predominantly at the wealthy and draws sharp contrasts with congressional Republicans. It [...]

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Deficit “super committee” gets to work

By doris | Published: August 28, 2011

Full Story at CBS News With just a few short months to come up with a plan for significant budget savings, the leaders of the congressional deficit “super committee” said in a statement today that they’re busy devising a plan of action. “In our capacity as co-chairmen, we are engaging in serious discussions to determine [...]

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Obama signs bill ending partial FAA shutdown

By doris | Published: August 5, 2011

Full Story at CNN.com Washington (CNN) — President Barack Obama signed legislation Friday temporarily restoring full funding to the Federal Aviation Administration, breaking a political impasse and allowing roughly 4,000 furloughed federal employees to return to work. The measure also promises to restore tens of thousands of jobs in the construction industry and elsewhere tied [...]

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Who will Uncle Sam pay if there’s no debt deal?

By doris | Published: July 30, 2011

Full Story at news.Yahoo.com Come Aug. 3, just who will get paid? That’s the new worry coursing throughout Washington as the contentious debt ceiling negotiations hurtle towards Aug. 2, the deadline beyond which President Barack Obama has warned that the government risks running short of money to pay all of its bills. If the government [...]

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Obama endorses ‘Gang of Six’ deficit plan

By doris | Published: July 19, 2011

Full Story at msnbc.com WASHINGTON — President Barack Obama gave his endorsement Tuesday to a deficit reduction plan offered by a bipartisan group of six senators, urging congressional leaders to use that blueprint as the basis for a bill that he can sign into law before the Aug. 2 debt limit deadline.                                                                                               He acknowledged that [...]

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McConnell, Reid tweaking debt limit fallback plan to boost its chances

By doris | Published: July 18, 2011

Full Story a CNN.com Washington (CNN) — Because there is a growing consensus on Capitol Hill that the White House talks are unlikely to bear fruit, lawmakers in both parties are looking to a plan offered by Senate Minority Leader Mitch McConnell as the most likely legislative solution to avoiding a default. McConnell, R-Kentucky, and [...]

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Feds get a dose of kitchen-table economics

By doris | Published: July 17, 2011

Full Story at msnbc.com WASHINGTON — The debt crisis has brought the government to the “kitchen table” to do something that hard-pressed families do routinely, which is tear their hair out over how to pay the bills. Pawn the family jewelry? Emptying gold reserves at Fort Knox and other repositories could raise a very handy [...]

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Health care cuts proposed in deficit negotiations

By doris | Published: July 5, 2011

Full Story at msnbc.com WASHINGTON — Obama administration officials are offering to cut tens of billions of dollars from Medicare and Medicaid in negotiations to reduce the federal budget deficit, but the depth of the cuts depends on whether Republicans are willing to accept any increases in tax revenues.

Also posted in Benefits, Budget, Government, Medicare, Money, Presidental, Republican | Leave a comment