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Search Tags: Senate
The Senate approved an amendment to the sweeping defense bill by voice vote Monday night despite opposition of the current chairman and service chiefs.
With the failure of the supercommittee — tasked with cutting $1.2 trillion from the federal deficit — to strike a deal, Congress is back to square one, said David Hawkings, editor of the CQ Roll Call Daily Briefing in an interview on In Depth with Francis Rose.
Bernie Becker, a staff writer for The Hill newspaper, joined the Federal Drive with Tom Temin and Amy Morris to discuss the myriad budget uncertainties facing Congress and federal agencies.
Congress' failed deficit-cutting supercommittee has faded away, but the pressure on lawmakers to quickly confront a stack of expensive economic issues is only growing, including keeping the government open past a mid-December funding deadline.
The administration, lawmakers and others are sounding off on the failure of the supercommittee to reach a deal for cutting more than $1 trillion from the deficit. Facing automatic, across-the-board cuts — half from defense and half from civilian agencies, beginning in 2013 — the consensus now seems to be Congress should work to come up with an alternative deficit-reduction plan.
Despite the successful passage last week of a small group of annual spending bills covering several federal agencies' 2012 budgets, Congress will likely fold the remaining bills into a single omnibus.
Admit it, have you been losing sleep over the activities of the congressional supercommittee? If not, you may be on the right track, Senior Correspondent Mike Causey says.
Dr. Winslow Sargeant will be the new chief counsel for advocacy of the Small Business Administration.
An amendment to the 2012 Defense Authorization Bill would cap taxpayer-funded contractor compensation at $400,000. Under current executive compensation limits set in 1998, contractors can charge up to $693,951 for the salaries of their top five executives.