The House-Senate budget bill is 77-pages of largely modest savings but also salted with a variety of “good government” reforms that could help win votes for passage.
For example, all states would be required to use a Treasury program to crack down on fraud and over-payments in jobless benefits. New restrictions are added to better control access to Social Security data and protect against identity theft—a bipartisan cause in the House championed by conservative Rep. Sam Johnson (R-Texas), as well as Rep. Xavier Becerra (D-Calif.), chairman of his party’s caucus.
And the agreement puts a first-time $487,000 cap on what the government will compensate contractors for the top salaries of their executives. That’s still higher than the president’s own $400,000 salary and what the White House first wanted in a proposal last spring. But it would significantly alter the current system for both defense and non-defense contractors. Continue reading “Inside the budget agreement”
WASHINGTON (Reuters) – Congress is poised to nearly halve the salary cap for U.S. government contractors after years of dramatic increases driven by skyrocketing executive pay.
A broad budget bill that won approval by the House of Representatives on Thursday would lower the cap to $487,000 a person, down from its current level of $952,000. The Senate is expected to pass the bill next week.
The measure would be a partial victory for the White House, which for years has sought to rein in contractor reimbursements that fund salary and other personnel costs. In May, the White House proposed limiting the reimbursement level to $400,000 a person – the amount Barack Obama earns as president.
WASHINGTON (AP) — Battle-fatigued and suddenly bipartisan, the House voted Thursday night to ease across-the-board federal spending cuts and head off future government shutdowns, acting after Speaker John Boehner unleashed a stinging attack on tea party-aligned conservative groups campaigning for the measure’s defeat.
The legislation, backed by the White House, cleared on a vote of 332-94, with lopsided majorities of Republicans and Democrats alike voting in favor. Final passage is expected next week in the Senate.
The events in the House gave a light coating of bipartisan cooperation to the end of a bruising year of divided government — memorable for a partial government shutdown, flirtation with an unprecedented Treasury default and gridlock on immigration, gun control and other items on President Barack Obama’s second-term agenda.
By Vicki Needham, Mike Lillis and Bernie Becker – 12/11/13 05:15 PM EST
The budget deal worked out by House and Senate negotiators is on the verge of unraveling over the exclusion of federal unemployment benefits, several leading Democrats warned Wednesday.
The lawmakers are outraged by a GOP move to add the Medicare “doc fix” to the package but not a continuation of unemployment benefits — a strategy they say could sink the entire package by scaring away Democratic votes.
Reps. Chris Van Hollen (Md.) and Sandy Levin (Mich.) said the move creates a “new dynamic” undermining Democratic support for the plan announced Tuesday by Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.). Continue reading “Dems threaten budget deal”