160 results for tag: Budget


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 ...

House, Senate strike tentative deal to reauthorize Ex-Im Bank, extend pricey highway bill

Congressional negotiators from both the House and Senate Tuesday came to a tentative agreement on a $305 billion highway bill that would extend federal transportation funding for five years and reauthorize the Export-Import Bank. The Hill has the details: The resulting 1,300-page bill, paid for with gas tax revenue and a package of $70 billion in offsets from other areas of the federal budget, comes just days before transportation spending is set to expire on Dec. 4. The measure calls for spending approximately $205 billion on highways and $48 billion on transit projects over the next five years. It also reauthorizes the controversial Export-...

Waste, waste, and more waste!

Citizens against Government Waste (CAGW) is out with its new “Pig Book” report for fiscal 2015, and the results aren’t what you think. Despite the fact that earmarks were banned back in 2011, Congress still found a way to come up with $4.2 billion worth of questionable earmarks. Ok, so maybe the results are exactly what you’d think. Reports Fox News [1]: Among the earmarks the group identifies is a $15 million grant for the Pacific Coastal Salmon Recovery Fund (PCSRF), established in 2000 to "reverse the declines of Pacific salmon and steelhead, supporting conservation efforts in California, Oregon, Washington, Idaho and Alaska." The ...

A Look Inside Our Weekly Leadership Call

This past Sunday we were joined by Congressmen Jim Jordan (OH) and Mark Meadows (NC) to discuss the current budget proposal moving through the House of Representatives. We wanted to give you access to this otherwise exclusive call. Listen to the recording below. If you are a Local Tea Party Coordinator or Leader and you aren't participating in the weekly Sunday calls or your group isn't listed on our website, we encourage you to register your group so that we can make sure that you get connected.

Jenny Beth Martin Statement on Omnibus Bill

"Once again, Speaker Boehner and the House GOP leadership have found a way to needlessly squander political capital, after being handed a historic majority. Rather than negotiate and govern from a position of strength – and defend the Constitution against a lawless autocrat – the Speaker has punted on first down. It’s shameful, it’s senseless, and it will be remembered." We would like to thank the 67 GOP members of the House who kept their promise to the American people and voted against the Bill.  They are listed below.

Band-Aid on a Gunshot Wound: Congress Misunderstands Sequestration

Last week, Defense Secretary Chuck Hagel sent a letter to the Senate Armed Services Committee describing the harm sequestration will cause to the Defense Department if it is allowed to continue in Fiscal Year 2014. From a column on the letter (h/t to Jazz Shaw): Automatic budget cuts already are "severely damaging military readiness,” Hagel wrote to Sen. Carl Levin (D-Mich.), committee chairman, and Sen. Jim Inhofe (Okla.), ranking Republican.  Without relief, defense spending will take another $52 billion hit in the fiscal year that begins Oct. 1. If Congress lets that happen, by continuing to refuse to compromise on a debt reduction deal, the ...

Government Waste, Death by a Thousand Cuts

In the last 18 months, spending scandals have struck hosts of federal agencies. (IRS videos, GSA scandal, and others) Each spending scandal is relatively small in relation to the overall waste of taxpayer money, but they collectively amount to crippling loss, a death by a thousand cuts. Senators Tom Carper (D-DE), Chairman of the Senate Committee on Oversight, and Ranking Member Tom Coburn (R-OK) have jointly and separately introduced dozens of amendments and bills, trying to change how Washington oversees tax expenditures. In the last Congress, they introduced two bills designed to eliminate tens of billions of dollars in federal inefficiencies....

Corporate Welfare Comes First

Over the last eight months, Tea Party Patriots has written a series of posts highlighting how anti-free market and fiscally irresponsible the farm bill is. While pressure from Tea Party activists and others helped the farm bill fail in June, the House managed to squeak the farm subsidy portion through on Thursday. So what’s the big deal with the farm bill? How bad is it? Do we need to continue this fight for spending that’s less than 3% of the federal budget? Two weeks ago, House Agriculture Committee Chairman Frank Lucas (R-OK) discussed the farm bill in a town hall. He tried to defend it – H/T to Tea Party Patriots’ Oklahoma State ...

Deficit 2013: Half a Trillion and Counting

On July 9, the Congressional Budget Office (CBO) released its official estimate of the federal deficit so far in Fiscal Year 2013. The good news? June ran a surplus, and the federal deficit is smaller than it’s been in half-a-decade. The bad news? The deficit is already at $512 billion, with three months of the fiscal year left. CBO expects 2013 to see a $642 billion deficit, to the applause of some. But any smaller deficits in the near future ignore differences between the CBO’s “current law” and “current policy” projections. The current law projections -which look strictly at what’s on the books - CBO expects the following in the ...