Tag: Budget Deal

AP Photo

The Omnibus Spending Package: Good Energy Policy, Bad Energy Policy

The decades-old legislation that prevented American producers from exporting oil is officially overturned despite previous presidential threats to veto a bill to lift the oil export ban. That’s good policy. However, to get the support of “reluctant Democrats,” The Economist

Barack Obama

President Obama is ‘Mr. $20 Trillion’

With the signing of the Congressional budget deal on November 2 and sale of at least another $1.5 trillion in Treasury debt before he leaves office, President Obama will have earned title: “Mr. $20 Trillion.”

Republican presidential candidate U.S. Sen. Marco Rubio (R-FL) speaks during a Americans for Peace, Prosperity, and Security national security forum event at the Cedar Rapids Public Library on October 2, 2015 in Cedar Rapids, Iowa. Rubio answered questions from moderator Jeanne Meserve about national security issues ranging from Russia and …

Marco Rubio Returns Washington D.C. For 3 A.M. Budget Deal Vote

Sen. Marco Rubio returned to Washington D.C. last night to vote against the McConnell/Reid/Boehner/Obama budget deal that raised the debt limit for the remaining two years of President Obama’s presidency and ended the threat of a government shutdown in 2015.

Paul Ryan and Jeff Sessions ApplewhiteAP

Sen. Sessions, Rep. Brooks Warn of Budget Deal Tricks

“The proposed debt deal takes as much as $150 billion from the Social Security Trust Fund for retirees and transfers the cash to the fraud-ridden disability program,” Sen. Sessions and Rep. Brooks write. “There is no ‘surplus’ in the retirement Trust Fund to spend somewhere else – Social Security will be insolvent by 2034 and has a $9.4 trillion unfunded liability.”

AP Photo/Patrick Semansky

Budget Deal Robs $1.5 Billion from Crime Victims

The two-year budget deal announced late Monday includes small-print language that yanks $1.5 billion away from crime victims. The funding is used to compensate victims of crime.

House Budget Committee Chairman Paul Ryan (R-WI) heads to the floor for a vote following a GOP conference meeting in the U.S. Capitol October 26, 2015 in Washington, DC. The White House and House Republicans may be nearing a two-year budget deal, according to published reports, that would avert a …

Exclusive — Rand Paul: If Paul Ryan Doesn’t Stop Budget Bill Now, Freedom Caucus Should Consider Blocking Him For Speaker

Sen. Rand Paul (R-KY), a 2016 GOP presidential candidate, tells Breitbart News in an exclusive email interview that he thinks members of the House Freedom Caucus should consider withdrawing their previous support for a Speakership bid from Ways and Means Committee chairman Rep. Paul Ryan (R-WI) unless Ryan can stop the giant budget and debt ceiling deal that’s before Congress.

AFP PHOTO/Jewel Samad

With Budget Deal on Table, Obama Slams Republicans

Less than 24 hours after agreeing to a two-year budget deal with the Republican Congress, President Barack Obama slammed Republicans for budget cuts, telling police chiefs in Chicago that they had tried to cut funding for police.

SOCIAL SECURITY FUTURE

Budget Deal Robs Social Security To Pay Disability, Again

One sticking point for conservatives in the latest budget deal is that it effectively robs money from an already ailing Social Security to make up for shortages in an all-but-broke and failing Disability Insurance program.