Smart. Sharp. Funny. Fearless.
Friday, October 21, 2016

Washington (AFP) – Congressional negotiators reached a deal Tuesday on US federal spending, budget officials said, which if passed by lawmakers would avoid a disastrous repeat of a government shutdown that paralyzed Washington.

Sources say the 2014-2015 budget agreement, brokered by Senate Democrat Patty Murray and House Republican Paul Ryan in weeks of closed-door negotiations, sets the new annual budget caps at about $1 trillion, and at least partially repeals the automatic budget cuts known as “sequestration.”

Details were to be unveiled at a 6:00 pm (2300 GMT) press conference.

Under a deal reached in October that ended a crippling 16-day shutdown, federal spending authority expires on January 15, when a new agreement will need to be in force.

By most accounts Tuesday’s deal is an underwhelming one, far from the grand bargain envisioned by some optimists in Washington earlier this year.

But it sets the warring Democratic and Republican Parties on track for further cooperation on fiscal policy, ending the cycle of budget feuding that has marred Washington since 2011.

The challenge now, however, is selling the agreement to skeptical conservatives and liberals in the House of Representatives and US Senate.

Each chamber must pass a budget bill by January 15 or risk another government shutdown.

Conservative groups such as Americans For Prosperity have already come out opposed to the agreement, saying it blows past the budget caps established in the Budget Control Act of 2011.

Click here for reuse options!
Copyright 2013 The National Memo
  • Kurt CPI

    That tree in the photo looks like the placement crew was making merry on company time – it has a bit of a list to the right :-). But seriously, this is good news at this late point in time (not as late as the last one). Let’s hope Congress can work this into their agenda sometime over the course of the next two years so we can avoid the last minute antics.

  • Oarboar

    If the idea of a “Grand Bargain” is dead, only Beltway insiders will mourn at cocktail parties. Everyone else will quite sensibly not give a crap.

    • lynda klodt

      Really can’t fix stupid.

  • Liberalism is Nonsense

    Obama’s threats of default hurt Americans. And he doesn’t seem to care.

    • RobertCHastings

      Whose threats of default? Apparently you are a conservative revisionist. The shutdown and sequester were choices ENACTED by the Republican House. While Obama COULD have vetoed (and should have), there would not even have been a CR. The “threat” of default was something that would, of necessity, occur when the government shut down. HAD the shutdown continued, default would have occurred, the US would NOT have been able to meet its financial obligations, our credit rating would have been reduced, and our fragile economy would have collapsed. Even your right wing economists agree that is what would have happened, regardless of who was president.

      • Liberalism is Nonsense

        One can’t help but wonder how Hussein Obama intends fund the civilian national security force he desires:

        • RobertCHastings

          Thank you for confirming my assumption regarding your political orientation by using youtube as your source.

          • BillP

            Robert if you haven’t look at the video you should. It’s so evident that someone edited the video and either put Obama in it or changed what he actually said. It’s a pretty amateur job.

          • RobertCHastings

            Such are the perils of choosing inappropriate and inadequate sources to prove an incorrect argument. Unfortunately, the folks we have to deal with never had critical reading classes, and have never learned to discriminate truth from propaganda.

  • Liberalism is Nonsense

    Once dependent upon centralized authority, the tendency is toward more centralized planning, requiring more central control and on and on.

  • RobertCHastings

    Boehner and other more moderate Republicans(about 80% of those in the House), agreed to a “compromise” because, unlike the Tea Party members of the House, they remember the effect the shutdown had on the standing in the public eye of the Republican Party. And they don’t want to see it happen again, especially the closer we get to November. While this “compromise” accomplishes very little from a practical standpoint, it MAY signal the end of the influence of the Tea Party and their chief spokespersons, like Rush Limbaugh and Marco Rubio. Several conservative Republicans who had been looking like likely presidential candidates are putting themselves on the sidelines by supporting the Tea Party. And Boehner may well have secured himself another term in office.