tagged w/ Budget
Here we go again folks:
WASHINGTON — US lawmakers said Tuesday a new budget stalemate over funding for disaster relief could lead to a government shutdown if an agreement is not reached by the end of the fiscal year September 30.
The latest bone of contention comes over aid for recovery for states hit by Hurricane Irene and subsequent flooding.
Republicans have said any new relief funds should be offset by cuts in other services, and also want some of the funds to be put into the 2012 fiscal year which begins October 1.
Senate Majority Leader Harry Reid, a Democrat, said he was not persuaded by comments from some Republicans that they would avert a shutdown, saying the Republican-led House of Representatives may take a hard line.
"I'm not that sure (that a shutdown will be averted), because the Tea Party-driven House of Representatives has been so unreasonable in the past, I don't know why they should suddenly be reasonable," Reid said.
The Senate has approved the release of $6.9 billion for disaster relief included in the budgets for fiscal 2011 and 2012.
But in the House, the Republican leadership is working toward approval of $1 billion for the current year and $2.6 billion for fiscal 2012.
House Majority Leader Eric Cantor said the Senate leadership is the cause of the stalemate.
"There is nothing but politics involved if Harry Reid wants to go and play these games," Cantor said. "We are delivering the monies that are needed. We are twice what is requested from the emergency standpoint." He noted that President Barack Obama has requested $500 million in emergency funds.
Cantor said that if the government is forced to curtail services, "it will be on Leader Reid's shoulders, because he's the one playing politics with it. No one wants to stand in the way of disaster relief monies that are needed."
Reid said lawmakers should keep working to avert a shutdown despite a planned recess next week.
"We are not going to back down. Remember, the government doesn't shut down on Thursday or Friday," he said.
"If they want to stay into next week, that's fine. We can do that. Next week, we can work all next week. Government doesn't shut down until -- I think it's a week from Saturday."
The latest stalemate comes just weeks after a bruising political debate over budget cuts and the raising of the US debt ceiling, with a shutdown narrowly averted after the White House and lawmakers agreed to create a "supercommittee" to examine deep cuts.Here we go again folks: WASHINGTON — US lawmakers said Tuesday a new budget... more
It's not just the federal government that is wasting money by failing to do cost-benefit analysis when hiring contractors; experts say poor contracting oversight on the state level is also hurting taxpayers.
On Tuesday, the Project on Government Oversight (POGO) released the first report of its kind showing that, contrary to popular belief, using contractors to perform services actually increases costs. The report looked at 35 federal job classifications and found that the government is failing to perform adequate cost comparisons.
Scott Amey, POGO's general counsel who worked on the report, said that while conducting research they found little cost comparison information related to federal service contracts--but there was a great amount of data related to state and local outsourcing and privatization efforts. Despite this available information, the reports haven't produced the savings promised.
To this extent, state governments faced with budget pressure are making mistakes similar to the federal government, privatizing and contracting for services on a large scale without determining whether the decisions make fiscal sense.It's not just the federal government that is wasting money by failing to do... more
As expected, House Majority Leader Eric Cantor is set to demand spending cuts in exchange for disaster relief. The surprise is that he wants to cut the budget for training and equipping first responders by 40%.
Politico reported that Cantor is going to demand more “spending offsets” in exchange for disaster relief,
But a spokesperson for House Majority Leader Eric Cantor (R-Va.) signaled late Friday that the GOP is likely to insist on offsets for the $500 million in emergency funds Obama requested for 2011, while dealing with the 2012 funds under a new set of rules agreed to as part of the August debt accord.
“The House has passed $1 billion in disaster relief funds that is fully offset, which we will look to move as quickly as possible,” she said. “There will be no delay in meeting the president’s request and providing people the aid they need.”
Think Progress noted that cuts that Cantor is eyeing come in the form of additional slashes to the Homeland Security budget for training and equipping first responders. Cantor wants an additional 40% cut, on top of the 19% hit that the first responder budget already took this year. Rep. Cantor wants to make sure that in the event of a disaster or terrorist attack America has fewer first responders, and that the remaining first responders do not have the equipment that they need.
The hypocrisy is that Cantor and his fellow Republicans never demanded spending offsets during the Bush administration. In 2004, George W. Bush pushed for a 10% increase in the Homeland Security budget, and as a member of the House majority, Eric Cantor did not oppose the additional funding. In 2003, Cantor supported an additional $78 billion in “emergency” war spending for Iraq and Afghanistan with no spending offsets required.
Eric Cantor never asked for dollar for dollar cuts to pay for the Homeland Security budget and two wars, but yet he is demanding dollar for dollar spending cuts for disaster relief and FEMA. The fact that he is cutting first responders demonstrates that these cuts aren’t about spending.
This isn’t even about small government. In the past many of the slashes to the budget for training first responders were in the form of grants to state and local governments to train first responders. Ideologically, Cantor’s position is that there should be no federal involvement in disaster relief and first responders, but what he looking to slash are programs that benefit state and local preparedness.
Majority Leader Cantor and his office don’t want the American people to know that they are eyeing up gutting the funding for training and equipping first responders. This is why they publicly will only refer to the cuts as spending offsets. They don’t want to tell the American people that spending offsets is really code for slashing the budget for training and equipping first responders.
Republicans talk a good game about protecting the American people, but when it comes to actually following through, the Cantor and the GOP slip back into their de facto motto of Politics First
http://t.co/1S2LTyTAs expected, House Majority Leader Eric Cantor is set to demand spending cuts in... more
But will he play hard ball and get it through Congress? Mr. President, you have letters on your desk from rethuglican members of Congress that have criticized the stimulus in the past, while they themselves asked for said stimulus money behind the scenes. Pull those letters out and read them. Let the people in those states and communities know that the stimulus targeted for their areas are being blocked by the rethuglicans in Congress.
And Mr. President, please, no more tax cuts, we've sucked enough money out of the economy.But will he play hard ball and get it through Congress? Mr. President, you have... more
Isn't it time to stop playing THEIR game and act like you're the PRESIDENT?
http://www.billschmalfeldt.com/2011/09/01/when-is-the-president-going-to-show-some-backbone/Isn't it time to stop playing THEIR game and act like you're the PRESIDENT?... more
MEDINA, Ohio—Karen Dombi was thrilled when her three oldest children were picked for student government this year—not because she envisioned careers in politics, but because it was one of the few programs at their public high school that didn't charge kids to participate.
Budget shortfalls have prompted Medina Senior High to impose fees on students who enroll in many academic classes and extracurricular activities. The Dombis had to pay to register their children for basic courses such as Spanish I and Earth Sciences, to get them into graded electives such as band, and to allow them to run cross-country and track. The family's total tab for a year of public education: $4,446.50.
"I'm wondering, am I going to be paying for my parking spot at the school? Because you're making me pay for just about everything else," says Ms. Dombi, a parent in this middle-class community in northern Ohio...MEDINA, Ohio—Karen Dombi was thrilled when her three oldest children were picked... more
"You'll feel a sticking sensation". Sound familiar?
Bloomberg economic editor stumbles on his own chart that purports to show why cuts are needed to the safety net, but apparently he forgot to fudge the numbers before explaining them. Social Security actually has a long term surplus of $ 22 trillion.
"When Peter Coy, the Bloomberg Businessweek Economics Editor, appeared this morning on "Washington Journal," he brought along a chart for his discussion of the magazine's cover article, "Why the Debt Crisis is Even Worse Than You Think." But, the chart, purported to show a national fiscal gap, did not match Coy's talking points. As Coy concluded commenting that cuts would be needed to Social Security and other entitlements, C-SPAN moderator Susan Swain pointed out that Coy's chart showed a long-term surplus for Social Security of $22 trillion. Coy confirmed as accurate her interpretation of the chart and, after some stumbling, admitted that, "The trust fund is not the crucial issue." Indeed, his own figures show that it is not an issue at all. So, why did he continue to insist that Social Security cuts are needed?"Bloomberg economic editor stumbles on his own chart that purports to show why cuts are... more
Tea baggers: Flag carrying, constitution waving traitors who will undermine the constitution and the democracy it supports every chance they get.Tea baggers: Flag carrying, constitution waving traitors who will undermine the... more
President Barack Obama will announce a double-barrelled economic package that aims to boost hiring and find budget savings that surpass the $1.5 trillion goal of a congressional deficit-cutting committee.
His ideas will be outlined in a major speech immediately after the September 5 Labor Day holiday, White House officials said.
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While no final decisions have been made, it is likely the jobs proposals will include tax cuts for businesses that hire new employees, tax cuts for the middle class, and support for sectors of the economy that are falling behind, the officials said.
The measures are also expected to include investments in infrastructure beyond the construction projects the president has been repeatedly calling for as well as some assistance for the long-term unemployed...President Barack Obama will announce a double-barrelled economic package that aims to... more
WWH – I was listening to NPR the other morning and they were talking with Congressman Barnie Frank (D-Mass) regarding entitlements. They kept interrupting him and frankly I thought quite rude, as I wanted to hear what he had to say. We have been inundated by the Tea Party and Republican message about how entitlements were dragging us downWWH – I was listening to NPR the other morning and they were talking with... more
Ratings agency Moody's repeated a warning on Monday it could downgrade the United States before 2013 if the fiscal or economic outlook weakens significantly, but said it saw the potential for a new debt agreement in Washington to cut the budget deficit before then.
Link : http://www.reuters.com/article/2011/08/08/us-usa-ratings-moodys-idUSTRE77713K20110808Ratings agency Moody's repeated a warning on Monday it could downgrade the United... more
In an interview with the Daily Beast, hero pilot Chesley "Sully" Sullenberger talked about recent safety problems that have been discovered throughout the airline industry.
He also talked about the House version of a Federal Aviation Administration reauthorization bill, which proposes $4 billion in cuts to FAA funding over the next four years.
"I would say you have to be very careful," Sullenberger told the website. "It's very difficult to cut the budget that much and not have an effect on safety."In an interview with the Daily Beast, hero pilot Chesley "Sully"... more
It is self-evident that no sickness can be successfully cured without proper diagnosis of the illness. In their frantic efforts to remedy the plague of national debt and deficit, however, US policy makers tend to shy away from the root causes of the problem and focus, instead, on scapegoats.
What are the root causes of the national debt and deficit? They are, first and foremost, the multi-trillion dollar bailout packages that were bestowed upon Wall Street in order to rescue the financial gamblers, the constantly escalating costs of war and militarism, the huge tax giveaways to the wealthy, and the skyrocketing costs of healthcare, systematically jacked up by the insurance and pharmaceutical companies.
And what are the scapegoats? They are the entitlements (Social Security, Medicare and Medicaid) and non-military discretionary spending: health, education, housing, transportation, the environment, community development, science and energy, human services, and the like. I call these items scapegoats because they are not the sources of the continued escalation of debt and deficit.
http://www.politicalfailblog.com/2011/07/escalating-military-spending-and-debt.html?utm_source=BP_recentIt is self-evident that no sickness can be successfully cured without proper diagnosis... more
Face it – sometimes, organizing a national protest can cost too much.
That doesn’t mean you can’t use your money to participate in one particular new demonstration, though. In fact, all you have to do is grab a pen, scribble on the cash you already carry, and spend those dollars the way you already do.
And given the general theme of this national protest, there probably isn’t any better way to get the message across.
"This is $1 more than GE, Bank of America or Exxon has paid in taxes," are the words encouraged to be signed upon your singles. You can personalize it, too, by including the favorite of all your least-favorite elected officials: "Recall [enter name here].”
Created by The Hippies Were Right group (now under Hippies United Globally), “America’s $1 Bill Protest” started this week to protest the inappropriate corporate tax policies of the U.S.
http://www.rob-servations.com/1/post/2011/07/dollar-bill-protest-underway.htmlFace it – sometimes, organizing a national protest can cost too much. That... more
CONGRESS, Last year I mismanaged my funds and this year my family and I cannot decide on a budget. Until we can come to a unified decision that fits all of our needs and interests, we will have to shut down our check book and will no longer be able to pay our taxes. I'm sure you'll understand . Thank you very much for setting an example we can all follow.CONGRESS, Last year I mismanaged my funds and this year my family and I cannot decide... more
Cutting spending without increasing revenues will only solve half of the problem. Ending the wars will save some money short term, however, we will now have medical bills for years because of the amount of service personel with injuries and mental illness. So long term those costs will increase along with our aging population for medical coverage.
The tax cuts under Bush were unfunded. causing loss revenue for the government at a time when expenses were rising due to the war. This caused increased borrowing to pay for the two wars. On top of this, the RIPublican controlled Congress passed the Medicare Drug Plan which again was unfunded. That has caused even more borrowing.
Obama has backed off of every demand that he made, a plan must have revenue generation, must be "grand" and long term, and has essentially gone for the original Ryan plan. Yet the RIPublicans say that is not enough. The also say that the savings form ending the wars is a gimmick. But that was the heart of their plan under Ryan.
The Tea Party will wreck this country. They want to reduce the government to nothing more than any group of RIPublicans ever wanted. They want a balanced budget amendment to the constitution, which will destroy this country the first natural disaster we have. ALL THEY CARE ABOUT IS HOW MUCH MONEY THEY CAN MAKE AND HOW MUCH MONEY THEY CAN KEEP. They are the most unChristian Christians on the planet.
Read the full text of Obama's speech here.
http://www.huffingtonpost.com/2011/07/25/obama-debt-ceiling-address-nation_n_909212.htmlCutting spending without increasing revenues will only solve half of the problem.... more
What is happening in Washington, DC lately is enough to drive the most politically unaware person crazy. WHACKO-TV was there with Harry Reid from the Senate and Speaker John Boehner of the House in a symbolic burned out building to discuss the current problem with the looming default. Will the United States of America default, or get some more cash from the building where they print it? Can compromise really be so far away from people who have free healthcare and pensions for life?What is happening in Washington, DC lately is enough to drive the most politically... more
Nieman Watchdog > Commentary > At least 1,400 arrests for antiwar dissent, but who’s counting? Not the press.The national news media almost totally ignore homefront protests of the Afghanistan war, killer drones, torture, and more, regardless of their newsworthiness. By its lack of coverage, isn’t the press thus helping perpetuate an endless war?The national news media almost totally ignore homefront protests of the Afghanistan... more
"Bipartisan talks falter; Boehner, Reid work on separate proposals"
Excuse the four letters, but FUCK our corrupt Congress! Kick them to the curb!
There is no time and the People have no more patience. We will not accept cuts to social security or medicare at all! We will STORM Washington to prevent it, if necessary. Get it? Particularly while you are still permitting the Pentagon to loose and steal our money. Particularly while you are tolerating the subsidizing of Big Oil, Big Banking, Big Military, and Wall Street, in countless insidious ways. If you need money to balance the budget, get it from them. They have trillions of it, and it's all our money. We demand that they balance the budget and pay off the debt! The 14 trillion dollars spent on the bailouts equals the debt. Get the money back with interest and we're done. Do not deceive yourself, we are no longer ignorant and oblivious to the fraud tha government has perpetrated against the People for centuries. You write the budget and present it to congress for approval. If they don't approve it as you present it, unilaterally raise the ceiling and then get our money back from the thieving corporations which have been stealing it for decades and decades. Period!
http://thehill.com/blogs/blog-briefing-room/news/173159-reid-pelosi-to-meet-obama-gop-source-says-no-boehner-deal"Bipartisan talks falter; Boehner, Reid work on separate proposals"... more