Senate Set to Turn Back Democratic and GOP Sequester Alternatives
Reid would replace automatic cuts with a tax increase on people with incomes of more than $1 million, elimination of some direct farm payments and some defense cuts.
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Reid would replace automatic cuts with a tax increase on people with incomes of more than $1 million, elimination of some direct farm payments and some defense cuts.
His confirmation comes just as automatic, across-the-board spending cuts are scheduled to take effect March 1 under the sequester.
Those measures would keep in place a cap of $1.043 trillion on discretionary spending for fiscal 2013, but the sequester kicks in March 1 and cuts that back to about $974 billion.
His PAC boosted Dold with $1 million in advertisements last cycle, and the former congressman has not ruled out a campaign for his seat in the northern Chicago suburbs in 2014 after losing by less than
holds a hearing on school safety issues. 12:30 p.m., 2175 Rayburn Foreign Affairs Subcommittee on Europe, Eurasia and Emerging Threats holds a hearing on Islamist militant threats to Eurasia. 1
According to Bloomberg’s public schedule, he will meet at 1 p.m. with Biden, who was designated by the president to lead the charge on gun issues.
“I wonder if the president would be so opposed to the blame game if the sequester wasn’t his idea,” tweeted Boehner spokesman Brendan Buck, who also noted that Boehner has reserved HR 1 for a tax
The news conferences come as the president travels to Newport News, Va., on Tuesday to talk about the negative effects of the more than $1 trillion in nine-year cuts that will begin to take effect
Reid’s plan includes a $110 billion proposal to replace the automatic cuts with a package that would increase taxes on persons with incomes of more than $1 million, eliminate some farm payments and
Hull said that in addition to looking at K Street investors, his business plan includes plus-ups, paid services that might include a function that for $1 could generate a phone call directly to a
The document dump is part of an effort by the administration to ratchet up the pressure on Congress to do something to avert across-the-board cuts expected to begin March 1.
1. Republicans are right: The idea originated in the White House in the wake of the failure of “grand bargain” talks between President Barack Obama and Speaker John A.
Boehner of Ohio said Monday that “hope springs eternal” when it comes to finding a way to avoid the more than $1 trillion in spending cuts set to start taking effect Friday.
current situation in Egypt. 11 a.m., 2172 Rayburn Energy-Water Appropriations Subcommittee holds a hearing on draft fiscal 2014 appropriations for the National Nuclear Security Administration. 1
But the problem does not go away on the morning of March 1. The White House and Congress must pull together wisely and quickly.
gathering of the National Governors Association, Obama urged the bipartisan group of state executives to review the state-by-state reports issued by the White House Sunday outlining how the more than $1
LaHood said on CNN’s “State of the Union” that his agency is required to cut about $1 billion.
With lawmakers unlikely to reach an agreement before the cuts begin to take effect on March 1, senior Obama adviser Dan Pfeiffer sought to lay the blame on Republicans.
The protest will be held between 11:45 a.m. and 1:15 p.m. at the Longworth House Office Building entrance on Independence Avenue. Clarification: Feb. 25, 2:58 p.m.
President Barack Obama supports $2 in spending cuts for every $1 in revenue for a sequester replacement bill, White House Press Secretary Jay Carney said Friday.