White House: Obama to lay out spending plan
President Barack Obama and Congress are shifting from short-term budget concerns to debates over the nation’s long-term economic future, and everything – from Medicare and Medicaid cuts to tax hikes for the wealthy – is on the table. Much will be revealed at midweek, when the House and Senate are expected to vote on a [...]
Senators would have to push their own elevator buttons. House members would go without their free gym. Food on Capitol Hill would be sparse. And the lawmakers’ restrooms? Perhaps not as fresh. Congress would feel the pinch of a government shutdown, but nowhere near the pain that would be inflicted on the massive federal workforce [...]
Continue reading …The Pentagon is preparing for a possible government shutdown Friday night, just in case Congress can’t come to an agreement on this year’s budget. The deadline to approve the budget is April 8, and follows several continuing resolutions that have kept the government functioning as Congress wrangles over budget cuts. “While the administration believes that [...]
Continue reading …Talks are intensifying on Capitol Hill on reaching a deal on long-overdue legislation to finance the government through the end of September – and avoid a government shutdown. Whether a shutdown can be avoided in three days’ time is another matter. Sen. Chuck Schumer, the Senate’s No. 3 Democrat, claimed “a glimmer of hope” Wednesday [...]
Continue reading …House Speaker John Boehner said Tuesday that private talks with President Barack Obama failed to produce a deal to avoid a government shutdown and warned that the House Republicans “will not be put in a box” of accepting options they refuse to endorse. Short of an agreement to cover the rest of the budget year, [...]
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