Senators vow to avert sequestration cuts Sep. 26, 2012 – 05:40PM |

Senators vow to avert sequestration cuts

Sep. 26, 2012 – 05:40PM |
By SEAN REILLY |
 Senate Armed Services Committee Chairman Sen. Carl Levin, D-Mich., left, and ranking member Sen. John McCain, R-Ariz., speak during a hearing in February.

Senate Armed Services Committee Chairman Sen. Carl Levin, D-Mich., left, and ranking member Sen. John McCain, R-Ariz., speak during a hearing in February. (Chip Somodevilla / Getty Images)

Six senators are vowing to work across party lines to head off stiff automatic budgets cuts set to take effect in January.

“We are committed to working together to help forge a balanced, bipartisan deficit reduction package to avoid damage to our national security, important domestic priorities, and our economy,” Sens. Carl Levin, D-Mich., John McCain, R-Ariz. and four other lawmakers wrote in a Sept. 21 letter to Senate leaders. “All ideas should be put on the table and considered.”

The letter was made public this week. Continue reading “Senators vow to avert sequestration cuts Sep. 26, 2012 – 05:40PM |”

Senate passes resolution to keep government funded

By Ramsey Cox – 09/22/12 01:04 AM ET

The Senate approved the six-month spending resolution to keep the government funded early Saturday morning.

The vote was 62-30, with 10 Republicans voting with the Democratic majority and only one Democrat, Sen. Joe Manchin (W.V.), voting against. The vote took place after the upper chamber came to an agreement on other votes, including Sen. Rand Paul’s (R-Ky.) bill to end foreign aid to Egypt, Libya, Pakistan and Yemen unless they met certain conditions.

The continuing resoluion will now go to the White House where the president is expected to sign it into law. The fundng of the government must be authorized before the new fiscal year begins on October 1.

Paul had been filibustering the Senate for days, delaying action by requiring the maximum amount of time be spent on each vote until he got a vote on his own bill, which failed, 10-81. Continue reading “Senate passes resolution to keep government funded”

Senator: Congress can deal with ‘fiscal cliff’

Senator: Congress can deal with ‘fiscal cliff’

Sen. Dick Durbin, D-Ill.
Sen. Dick Durbin, D-Ill. J. Scott Applewhite/AP

Senate Majority Whip Richard Durbin, D-Ill., said on Sunday that while he is confident Congress can reach a deal to avoid the so-called “fiscal cliff,” it will likely take several months to hammer out the details.

“If President Obama is re-elected, I believe we can avoid the fiscal cliff,” Durbin said during an appearance on Bloomberg’s new Capitol Gains Sunday show.

However, Durbin said he believed “only the broadest outlines” of a deal can be achieved when Congress returns for a lame-duck session following the November election. Continue reading “Senator: Congress can deal with ‘fiscal cliff’”

Congress faces continuing resolution, sequestration and postal reform

Congress faces continuing resolution, sequestration and postal reform

Monday – 9/10/2012, 6:47pm EDT; By Jolie Lee, Amanda Iacone &
Jack Moore

Lawmakers returned to Washington, D.C., this week with a packed agenda. Topping the list of priorities is hammering out final details of a stopgap spending measure to keep the government running beyond the end of the fiscal year Sept. 30.

Amid the election-year politicking, the list of unfinished business also includes legislation to restructure the financially ailing U.S. Postal Service and a cybersecurity bill that aims to safeguard the nation’s critical infrastructure.

Perhaps looming largest of all is what Congress plans to do about automatic, across-the-board cuts, known as sequestration, set to take effect Jan. 2. Failure to avert the cuts could send the country over a “fiscal cliff,” budget experts warn. Continue reading “Congress faces continuing resolution, sequestration and postal reform”

At stake in showdown over 2013 spending: a possible shutdown

By ANDY MEDICI | Last Updated:April 19, 2012

http://www.federaltimes.com/article/20120419/CONGRESS03/204190305/1018/DEPARTMENTS

A showdown is brewing between the House of Representatives and the White House that, if not resolved, could lead to a government shutdown this fall.

On Wednesday, the Office of Management and Budget’s acting director Jeffrey Zients told a top House lawmaker that President Obama will veto any 2013 spending bills that cut agency budgets below levels set in last year’s Budget Control Act. Continue reading “At stake in showdown over 2013 spending: a possible shutdown”