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Search Tags: budget
In the 1920s and '30s, a popular singer-bandleader used to ask his audience, "Is everybody happy?" If he were still on the circuit today, he might modify that to, "Is anybody happy?" Starting with the latest budget deal.
The bipartisan budget deal announced this week goes a long way toward clearing up the widespread budget uncertainty that has plagued federal agencies for the last two years. But it doesn't actually set individual agency funding for next year. That's the job of the House and Senate Appropriations Committees, the leaders of whom now must write an official spending bill that spell out exactly how much each agency gets to spend next year and on what. Rep. Hal Rogers (R-Ky.), the chairman of the House committee, said Thursday he would begin work on an omnibus spending bill to fund agencies next year.
Personality-wise are you usually happy or sad? Would friends and family describe you as an upper or a downer? The way you view the bipartisan budget deal may tell a lot about whether you are a glass-half-full or glass-half-empty person, Senior Correspondent Mike Causey says.
Top Air Force officials say lower budgets will force them to propose cuts Congress won't like. But if lawmakers insist on protecting politically-favored programs, money will have to come from somewhere else.
For the first time since the government shutdown ended two weeks ago, House and Senate lawmakers are sitting down at the table to negotiate about the fiscal 2014 budget. At the top of the agenda will be what to do about the automatic budget cuts known as sequestration that have ensnared what remained of the traditional budget process this year. However, budget experts and insiders say sequestration is likely to stick around -- at least in some form -- and about the best agencies can hope for is a small-bore deal that grants them some greater flexibility in implementing the cuts, these experts said.