158 results for tag: Budget


Speaker of the House: President Obama’s budget ‘progressive manual for growing the federal government’

President Obama Tuesday sent his final budget to members of Congress, some of whom used choice words to describe the proposal. Fox News has the details: It didn’t take Republicans long to respond to President Obama’s record $4.1 trillion budget proposal – labeling it “a progressive manual for growing the federal government at the expense of hardworking Americans," as House Speaker Paul Ryan put it. The fiscal 2017 budget plan, Obama’s eighth and final spending blueprint, is being met with a dead-on-arrival mentality on Capitol Hill after it was released late Tuesday morning. As the president proposes a raft of new taxes, though, ...

Legislative expert: ‘Federal Medicaid funding to the states is unsustainable’

Heritage Foundation Director of the Center for Health Policy Studies Nina Owcharenko says entitlement spending like Medicaid and Social Security is driving up our national debt in a way we as a nation cannot maintain – and that states would do well to reject federal Obamacare subsidies intended to expand state Medicaid programs. The Daily Signal has the details: Medicaid, along with the other health care entitlement programs, is a major driver of our country’s fiscal crisis. The Congressional Budget Office just released its annual economic forecast for the country, warning that federal deficits are rising and revising its Medicaid spending ...

Conservatives gather to talk budget strategy for 2016

House conservatives gathered Thursday in Middleburg, Virginia to hash out plans for the upcoming budget debate and to outline priorities for the new year. Huffington Post has the details: Roughly two dozen House conservatives met at the Salamander Resort and Spa in Middleburg, Virginia, for the Heritage Foundation's annual Conservative Member Retreat. And while members in attendance reported that there were no definitive decisions on how they'll move forward with the budget, it's clear there are some potential vote issues with the spending blueprint. Members don't have any firm demands yet, but a number of conservatives both in and outside of ...

House Budget Committee Chairman: Medicaid, Social Security should be subject to reviews the way discretionary spending is

House Budget Committee Chairman Tom Price says the process of reaching consensus every year on the federal budget needs to be overhauled and that includes opening up mandatory spending to more scrutiny and possibly even the chopping block. McClatchyDC has the story: Part of the problem, Price said, is that non-defense mandatory spending for programs such as Medicare, Medicaid and Social Security – which were one-third of the federal budget just 40 years ago – now account for more than 60 percent and will one day reach 75 percent. “The slice of the pie that we control on the discretionary side, the appropriation process, gets smaller and ...

CBO: Medicaid, Social Security expected to balloon budget deficit over next decade

The Congressional Budget Office predicts the budget deficit will continue to grow over the next 10 years as the elderly retire and seek more medical care. Meanwhile, budget expenditures this year already exceed expenditures from this time last year. ABC News has the details: Economists at JPMorgan Chase are predicting that the deficit for this budget year will total $425 billion. The Congressional Budget Office, which will update its forecast later this month, had predicted in August that the deficit this year would shrink even more to $414 billion but then begin rising for the rest of the decade and will top $1 trillion again by 2025. The ...

Members of House Freedom Caucus threaten budget showdown over president’s unilateral gun-control move

Several Members of the House Freedom Caucus are threatening to slash funding in an effort to derail President Obama's unilateral executive actions on gun control. Via The Washington Post: Leading Republicans on the House Appropriations Committee and from the party’s conservative wing vowed to use the appropriations process to block Obama’s executive actions and deny the president the necessary funding to implement some of his proposals. “What the president has done is unconstitutional and any action Congress can take, we should, including appropriations,” said Rep. Ken Buck (R-Colo.) a member of the House’s Freedom Caucus ...  ...

Find out which senators voted for the disastrous $1.1 trillion omnibus spending bill

Congress will reconvene in 2016 after passing a behemoth omnibus spending package to keep the government funded. But conservatives are not happy another bill spending more than $1 TRILLION was passed by a GOP Congress that promised to rein in spending. The Daily Signal has the details on which senators voted for the bill: Twenty-six Republican senators, along with one independent and six Democrats, voted against the government spending bill. Sens. Marco Rubio, R-Fla., and Barbara Boxer, D-Calif., did not cast votes. Here is a list of senators and how they voted: It’s time for our leaders to stay true to their campaign promises and to ...

Tea Party Patriots Opposes Omnibus Spending Bill

Atlanta, GA – Tea Party Patriots President and co-founder Jenny Beth Martin released the following statement today in opposition to the latest spending bill that was released last night: “Tea Party Patriots opposes the latest spending bill to come out of Washington, which will add to our national debt without any plan to balance our budget. Rather than forcing President Obama to consider a real plan to balance our budget in five years and offer our children and grandchildren a debt-free future, the Washington establishment is once again proving they don’t understand the fundamental issues facing our nation. We simply can’t afford to keep ...

GOP leaders still sparring with Democrats over long-term spending package, preparing stopgap bill

House Republican leaders are endeavoring to avoid a government shutdown by creating a short-term spending bill that will go to a vote Friday, multiple sources say. The bill would keep the government funded until Republicans and Democrats can come to an agreement on a longer-term spending package. Politico has the details: GOP leaders are still wrestling with how long the new bill would fund the government for, but several aides on both sides of the aisle said it would extend spending authority until sometime from Dec. 16 to Dec. 18. The stopgap is necessary because Republicans and Democrats have not reached agreement on a long-term spending ...

Tea Party Patriots applaud Senate for voting to repeal much of Obamacare in reconciliation bill

Atlanta, GA – Tea Party Patriots CEO Jenny Beth Martin released the following statement today commending the Senate for voting to repeal a large portion of Obamacare in the reconciliation bill: "We applaud the Senate for voting to repeal as much of Obamacare as the Senate rules will allow. A special thanks is owed to Senators Lee, Cruz, and Rubio who showed great leadership by making it clear to GOP Senate leaders they would not settle for repealing less than the rules would allow and encouraged their colleagues to keep their promises to the American people. Now it is up to the House to pass the Senate bill, ensure Obamacare repeal makes it to ...