Budget Deal Passes, but Shutdown Threat Still Looms

Budget Deal Passes, but Shutdown Threat Still Looms

By Eric KatzOctober 30, 2015Rep. Hal Rogers, R-Ky., chairman of the House Appropriations Committee, hopes the deal will provide agencies with more stability.

Rep. Hal Rogers, R-Ky., chairman of the House Appropriations Committee, hopes the deal will provide agencies with more stability. J. Scott Applewhite/Associated Press

The Senate on Friday passed a budget framework to set spending levels for the next two years, but lawmakers have yet to complete their work for funding federal agencies.

The bipartisan deal, which passed with near unanimous support from Democrats but only a minority of Republicans in both chambers, raises sequester caps by $80 billion over fiscal years 2016 and 2017. While the deal sets the top-line spending levels, Congress must still write and pass line-by-line appropriations to establish funding levels for each agency.

Lawmakers normally would pass 12 individual bills to fund each area of the federal government, but the Dec. 11 deadline virtually assures that Congress will instead approve a sweeping, all-inclusive omnibus measure. President Obama expressed optimism the budget deal, which his administration negotiated directly with congressional leadership, would avoid the fiscal showdowns that have plagued the funding process and left agencies in the lurch in recent years.

 

Continue reading “Budget Deal Passes, but Shutdown Threat Still Looms”

Obama: GOP ‘playing chicken’ with economy in shutdown fight

Obama: GOP ‘playing chicken’ with economy in shutdown fight

By Jordan Fabian – 09/16/15 12:01 PM EDT

President Obama is wading into the contentious budget fight on Capitol Hill two weeks ahead of a possible government shutdown.

During a speech at the Business Roundtable in Washington, Obama pressured Republicans who control Congress to reach a deal with Democrats to fund the government before a Sept. 30 deadline.

He chided GOP lawmakers for threatening to shut down the government unless Planned Parenthood is defunded. Continue reading “Obama: GOP ‘playing chicken’ with economy in shutdown fight”