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Posts Tagged ‘continuing resolution’

Budget Negotiators Set Sights on Sequester Relief

  • November 24, 2013
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The lead negotiators for the House-Senate budget conference are continuing to attempt to reach an agreement that would set discretionary spending levels through fiscal 2015 and undo a portion of the sequester cuts over that period. The limited agreement would avoid hot-button issues such as tax increases and entitlement reforms, and instead would rely on user fee increases, federal asset sales and a mix of spending reductions to offset the sequester, reported CQ. House Budget Chairman Paul Ryan (R-Wis.) and Senate Budget Chairwoman Patty Murray (D-Wash.) have discussed a number of scenarios, but so far have not struck a deal. The two plan to continue their talks through the Thanksgiving break …

CR at FY’14 Sequester Levels is Backup Plan if No Budget Deal Emerges, Boehner Says

  • November 21, 2013
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The House would advance a continuing resolution (CR) at the fiscal 2014 level of sequestration if the House-Senate budget conference fails to reach agreement on a budget for the year, Speaker John Boehner (R-Ohio) said Thursday. Under that scenario, the House would move a stopgap spending bill for FY 2014 with a topline figure of $967 billion, reported CQ. The federal government now is operating under a CR at last year’s spending level, $986 billion …

Little Opportunity for Budget Conference to Reach Deal

  • November 19, 2013
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The House-Senate budget conference may not meet again until less than a week is left before its Dec. 13 deadline to come to agreement over a fiscal 2014 budget. That lack of public activity, along with reports of the slow pace of private talks between House Budget Chairman Paul Ryan (R-Wis.), who is chairing the committee, and Senate Budget Chairwoman Patty Murray (D-Wash.), have dampened hopes the panel will strike a deal over a topline spending figure and replace at least some of the scheduled sequester cuts …

McKeon Insists Budget Deal Must Relax Defense Cuts

  • November 17, 2013
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Rep. Buck McKeon (R-Calif.), chairman of the Armed Services Committee, told Rep. Paul Ryan (R-Wis.) on Friday that he would not support a fiscal 2014 budget agreement that does not provide some relief from the $52 billion in defense cuts imposed under sequestration. Ryan is chairing the House-Senate budget conference charged with setting a FY 2014 topline spending level and, possibly, replacing some of the sequester cuts …

Appropriators Fret over Budget Conference’s Lack of Urgency

  • November 13, 2013
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House and Senate appropriators are growing increasingly anxious that the House-Senate budget conference will not come to an agreement over a topline for fiscal 2014 discretionary spending early enough for them to complete work on a year-end spending package. Appropriations Committee Chairs Rep. Harold Rogers (R-Ky.) and Sen. Barbara Mikulski (D-Md.) have called on the conference committee to settle on a spending figure by Dec. 2 at the latest. That would allow appropriators sufficient time to hash out a 12-bill omnibus as part of a year-end budget deal …

Sequestration Relief Would First Go to Readiness, Comptroller Says

  • November 11, 2013
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The Pentagon would readily accept any reduction in the $50 billion hit its fiscal 2014 budget is slated to take under sequester cuts going into effect in January, with the first dollars helping to offset cutbacks in training and readiness, said Comptroller Robert Hale. “We are in our own minds — and to some extent on paper — starting to create, if you will, buyback lists,” Hale told Politico. “Readiness would be high … I think that is the first thing we would try to buy back with $10 billion …

With No Budget, DOD Putting the Brakes on Spending

  • November 7, 2013
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The Pentagon’s acquisitions chief said Thursday he is postponing decisions on some programs until Congress provides greater clarity for the short-term outlook of the defense budget. At the same time, Frank Kendall, DOD’s undersecretary for acquisition, technology and logistics, said he is trimming the rate of spending, in anticipation of another round of across-the-board sequester cuts hitting the department in January …

Congressional Leaders Giving Budget Committee Space to Work, Preparing Contingencies

  • October 29, 2013
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When a joint House-Senate committee meets Wednesday to discuss differences between the two chambers’ budget priorities, the panel will have leeway to consider ways to address sequestration and potential new sources of revenue, CQ reports. The revenue side of the equation…

Prospect of Full-Year CR Raises Anxiety Level at Pentagon

  • October 27, 2013
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The deal reached earlier this month to end the government shutdown and fund agencies through Jan. 15 was wholeheartedly embraced by top DOD officials, but the need to operate under a continuing resolution (CR) for a minimum of three months and, possibly, for all of fiscal 2014 is creating concern at the Pentagon and on Capitol Hill. DOD has never operated under a year-long CR since the advent of modern budgeting in the 1970s. The deep chasm between the parties over the budget, though, means there is a distinct possibility that the only way to avert another shutdown is to pass a CR that runs through next September …

Both Sides Indicate Need to Target Sequester Cuts

  • October 27, 2013
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Comments by Democratic and Republican leaders last week signaled a common goal of addressing automatic spending cuts during deliberations of the House-Senate budget conference. Whether the two parties are willing to make the necessary compromises to “buy back” some or all of the sequester cuts is still an open question. Rep. Tom Cole (R-Okla.) seemed to create an opening when he told Bloomberg Television he would support new revenues to reach a deal …

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