Senate Passes Cost-Cutting Budget Plan


State of the Union 2014 Address: Cathy McMorris.
State of the Union 2014 Address: Cathy McMorris.

State of the Union 2014 Address: Cathy McMorris.

Want more from The New York Times?... The woman who had a $10,000 deductible which.

The Shocking Truth About Student Debt - YouTube
The Shocking Truth About Student Debt - YouTube

The Shocking Truth About Student Debt - YouTube

Although such subsidies are supposed to help defray college costs,.. pursuit of studies and.

Obama: GOP budget hurts the middle class - YouTube
Obama: GOP budget hurts the middle class - YouTube

Obama: GOP budget hurts the middle class - YouTube

In his weekly video address, President Obama slams the recently unveiled GOP budget plan.

Suze Orman discusses student debt at the.
Suze Orman discusses student debt at the.

Suze Orman discusses student debt at the.

This mandated reduction in the interest rate charged by lenders, in theory, was to help.

Government shutdown, debt ceiling: Who will blink.
Government shutdown, debt ceiling: Who will blink.

Government shutdown, debt ceiling: Who will blink.

The White House indicated it is seriously considering the plan, but Obama previously. The.

President Obama: I Will Not Negotiate On The Debt.
President Obama: I Will Not Negotiate On The Debt.

President Obama: I Will Not Negotiate On The Debt.

. House Speaker John Boehners demand for budget cuts in exchange for. Much of the.

Government Shutdown, Debt Ceiling Debate.
Government Shutdown, Debt Ceiling Debate.

Government Shutdown, Debt Ceiling Debate.

. Molly Ball, The Atlantic; John Harwood, CNBC and The New York Times.. Washington.

Debt Ceiling Deadline Looming - YouTube
Debt Ceiling Deadline Looming - YouTube

Debt Ceiling Deadline Looming - YouTube

Senate leaders neared the completion Monday night of a bipartisan deal to raise the. 13.

2014 Midterms: The Very Best (and Worst!) Election.
2014 Midterms: The Very Best (and Worst!) Election.

2014 Midterms: The Very Best (and Worst!) Election.

The tax will increase the cost of a 20 ounce soda by 10 percent. 3.. And while many of the new.

LiveLeak.com - Here are 169 reasons why hypocrite.
LiveLeak.com - Here are 169 reasons why hypocrite.

LiveLeak.com - Here are 169 reasons why hypocrite.

In 2010, Obamacare was passed by the House and Senate, and signed by President.

The Government Shutdown and the Upcoming Debt.
The Government Shutdown and the Upcoming Debt.

The Government Shutdown and the Upcoming Debt.

Following the passing in early January 2013 of the American. from the absence of a plan to.

Is the Debt Ceiling Going to Be Raised? Is the.
Is the Debt Ceiling Going to Be Raised? Is the.

Is the Debt Ceiling Going to Be Raised? Is the.

The Democratic-led Senate passed several amended continuing. Barack Obama and the.

Mitt Romney Lying Welfare Ad Exposes His Plan.
Mitt Romney Lying Welfare Ad Exposes His Plan.

Mitt Romney Lying Welfare Ad Exposes His Plan.

But, most Americans know you cant cut a social program to the. Even the Catholic Church.

Obama Commends Lawmakers on Debt Deal.
Obama Commends Lawmakers on Debt Deal.

Obama Commends Lawmakers on Debt Deal.

Obama the Senate Reid would not pass a budget until 2013 - forced by. on Sunday that he.

Debt Deal Made To Avert Default Ending.
Debt Deal Made To Avert Default Ending.

Debt Deal Made To Avert Default Ending.

. he was ready to accept a Senate-drafted peace deal that contained. Calling for all sides to.

Help Erskine and Al Fix the Debt - YouTube
Help Erskine and Al Fix the Debt - YouTube

Help Erskine and Al Fix the Debt - YouTube

Their commission crafted a bipartisan plan to address it.. The Congressional Budget Office.

Senate Passes Cost-Cutting Budget Plan - NYTimes.com
Senate Passes Cost-Cutting Budget Plan - NYTimes.com

Senate Passes Cost-Cutting Budget Plan - NYTimes.com

Senate Passes Cost-Cutting Budget Plan - NYTimes.com

Progress of Budget Deal,

Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com
Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com

Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com

Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com

Senator Charles E. Schumer,

Military Cuts and Tax Plan Are Central to Budget Proposal.
Military Cuts and Tax Plan Are Central to Budget Proposal.

Military Cuts and Tax Plan Are Central to Budget Proposal.

Military Cuts and Tax Plan Are Central to Budget Proposal.

Credit Doug Mills/The New York

Senate, Along Party Lines, Passes Cost-Cutting Budget Blueprint.
Senate, Along Party Lines, Passes Cost-Cutting Budget Blueprint.

Senate, Along Party Lines, Passes Cost-Cutting Budget Blueprint.

Senate, Along Party Lines, Passes Cost-Cutting Budget Blueprint.

Congressional Memo: Parties

Your Turn: A Weekend Thread, Open for Comments - NYTimes.com
Your Turn: A Weekend Thread, Open for Comments - NYTimes.com

Your Turn: A Weekend Thread, Open for Comments - NYTimes.com

Your Turn: A Weekend Thread, Open for Comments - NYTimes.com

Senate Passes Cost-Cutting

New York Senate 2015 budget proposal plans to cut taxes, help.
New York Senate 2015 budget proposal plans to cut taxes, help.

New York Senate 2015 budget proposal plans to cut taxes, help.

New York Senate 2015 budget proposal plans to cut taxes, help.

How the New York Senate plans

House Republicans Approve Plan to Cut Trillions - NYTimes.com
House Republicans Approve Plan to Cut Trillions - NYTimes.com

House Republicans Approve Plan to Cut Trillions - NYTimes.com

House Republicans Approve Plan to Cut Trillions - NYTimes.com

Andrews/The New York Times

Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com
Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com

Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com

Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com

Senator Elizabeth Warren, left

Inbee Park Prevails at North Texas Shootout - NYTimes.com
Inbee Park Prevails at North Texas Shootout - NYTimes.com

Inbee Park Prevails at North Texas Shootout - NYTimes.com

Inbee Park Prevails at North Texas Shootout - NYTimes.com

Problem With the New SAT

House Republicans Propose Budget With Deep Cuts - NYTimes.com
House Republicans Propose Budget With Deep Cuts - NYTimes.com

House Republicans Propose Budget With Deep Cuts - NYTimes.com

House Republicans Propose Budget With Deep Cuts - NYTimes.com

for The New York Times

In Control, Republican Lawmakers See Budget as Way to Push Agenda.
In Control, Republican Lawmakers See Budget as Way to Push Agenda.

In Control, Republican Lawmakers See Budget as Way to Push Agenda.

In Control, Republican Lawmakers See Budget as Way to Push Agenda.

Crowley/The New York Times

Senate Passes the Brighter Future Budget Plan | New York State.
Senate Passes the Brighter Future Budget Plan | New York State.

Senate Passes the Brighter Future Budget Plan | New York State.

Senate Passes the Brighter Future Budget Plan | New York State.

The New York State Senate

Coburn Budget Plan Proposes $9 Trillion in Cuts - NYTimes.com
Coburn Budget Plan Proposes $9 Trillion in Cuts - NYTimes.com

Coburn Budget Plan Proposes $9 Trillion in Cuts - NYTimes.com

Coburn Budget Plan Proposes $9 Trillion in Cuts - NYTimes.com

New York TimesSenator Tom

GOP-Controlled Senate Passes Its Version of Disaster Budget.
GOP-Controlled Senate Passes Its Version of Disaster Budget.

GOP-Controlled Senate Passes Its Version of Disaster Budget.

GOP-Controlled Senate Passes Its Version of Disaster Budget.

Senate Majority Leader Mitch

Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com
Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com

Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com

Senate Passes $3.7 Trillion Budget, Its First in 4 Years - NYTimes.com

Gregory/The New York Times

Dean Skelos, New York Senate Leader, Stands Firm Despite Calls to.
Dean Skelos, New York Senate Leader, Stands Firm Despite Calls to.

Dean Skelos, New York Senate Leader, Stands Firm Despite Calls to.

Dean Skelos, New York Senate Leader, Stands Firm Despite Calls to.

Dean Skelos, New York Senate

PUBLIC JOBS PROGRAM VOTED BY CONFEREES AS DEADLOCK IS ENDED; WATER BILL WILL BE SEPARATE 280,000 Could Be Employed Under $4 Billion Plan, Expected to Be Sent to Carter Friday PUBLIC JOBS PROGRAM VOTED BY CONFEREES

WASHINGTON, April 26 House and Senate conferees broke a long deadlock and accepted President Carters $4 billion public works jobs program today by agreeing to detach controversial water pollution provisions from the legislation. The bill, a key element of the Presidents economic stimulus package, is expected to be on his desk for signature on Friday.. HR and Sen conferees break deadlock and accept Carters $4-billion public works job program by agreeing to detach controversial water pollution provisions from bill; Adm officials estimate legis will create 280,000 jobs; under compromise allocation formula NYS will receive $500-million ($200-million of which will go to NYC), NJ will receive $202.5-million and Conn will be allocated $74.3-million (M)

Contentious Session of Congress Is Forecast Over the Carter Budget; Recession Fears Endanger Administrations Plans For Curbing Inflation

WASHINGTON, Jan. 13--Congress will convene Monday, setting the stage for what is expected to be a long, contentious battle over the anti-inflation budget on which Jimmy Carter has staked much of the future of his Presidency.. Cong to convene Jan 15, setting stage for what is expected to be long, contentious battle over anti-inflation budget on which Pres Carter has staked much of future of his Presidency (M)

Redskins hope offseason investment in defense pays off quickly

Otherwise, Paea, who joined the Redskins from the Chicago Bears, and Jean Francois, who was released by the Indianapolis Colts in a cost-cutting measure in February, will join nose tackle Chris Baker and defensive ends Jason Hatcher, Kedric Golston and.

FOOD STAMP BACKERS DRAFTING STRATEGY

All week Senate Democrats have been playing a rolling crap game, as one aide called it, trying to determine where they could restore money in President Reagans trimmed-down budget. As the game reached its final stages, it looked as if the roll of the dice was going against the food stamp program. Even ardent supporters of the program were discouraged enough to conclude that when the Senate takes up the budget again on Monday there will be little chance of putting back any of the $1.8 billion slashed from the programs $12.4 billion budget for the fiscal year 1982. I think Reagan has cut a little too much, said Senator Robert Dole, the Kansas Republican who has long backed the program. But Ive also been around here long enough to learn how to count.

Critics Slam Rauners Budget Over Morally Reprehensible.

In response to the governors budget address, Senate President John Cullerton (D-Chicago) noted that the content of his plan raises significant questions about its viability in the legislative process. Cullerton also. When we passed pension reform last year, we took care to exclude possible savings from budget plans pending a legal resolution.. In 1995, as a deputy budget director for New York Gov.. Arduin proposed a cost-cutting plan for then-Florida Gov.

Indiana governor in crisis mode

Indiana Gov. Mike Pence (R), a 12-year House veteran with eyes on the White House, has been forced into crisis management mode in the face of mounting criticism against a new religious freedom law that critics say legalizes discrimination against gays.

Reason to hope for a functioning capital

The Medicare agreement, which passed the Senate 92-8 and won 392 votes in the House, solved several problems simultaneously. It ended the annual congressional can-kicking known as the doc fix, the result of overambitious cost-cutting targets for .

PUBLIC JOBS PROGRAM VOTED BY CONFEREES AS DEADLOCK IS ENDED; WATER BILL WILL BE SEPARATE 280,000 Could Be Employed Under $4 Billion Plan, Expected to Be Sent to Carter Friday PUBLIC JOBS PROGRAM VOTED BY CONFEREES

WASHINGTON, April 26 House and Senate conferees broke a long deadlock and accepted President Carters $4 billion public works jobs program today by agreeing to detach controversial water pollution provisions from the legislation. The bill, a key element of the Presidents economic stimulus package, is expected to be on his desk for signature on Friday.

Larry King talks troublesome Congress, his plan to be frozen after death

The fact is, the New York native says, he was simply born curious and with an inexplicable desire to be behind the microphone. ���I used to listen to radio shows,. It must go a long time because I cant tell you the last time I tasted an egg. And my.

Talk to The Times: Environment Desk

Andrew C. Revkin and Erica Goode answered readers’ questions.

Republican Budget Proposals Include Health Care.

The House proposal would use reconciliation to allow the measure to pass in the Senate with a simple majority. However, even if passed, the measure could still face a presidential veto (Weisman, New York Times, 3/16).

Senate Votes Along Party Lines To Pass GOPs FY 2016.

The Senate on Friday voted 52-46 to approve Republicans fiscal year 2016 budget proposal, which includes changes to federal health programs and a provision to repeal the Affordable Care Act, the New York Times reports (Weisman,. The Senate budget plan would task the Senate Finance and Senate Health, Education, Labor and Pensions committees with proposing at least $1 billion in savings by July 31 for legislation that could be passed via reconciliation.

Can Wayne County fix fiscal mess?

Detroit had more than 31/2 times the debt and a smaller tax base when Gov.. New County Executive Warren Evans announced a partial spending and hiring freeze earlier this month, calling the moves the first step to resolve the countys financial.

Promised Republican Economic Austerity Plan Will Ruin.

Republicans campaigning for the Senate are promising to pass that budget as well as make further economy- and people-harming cuts. These include but are not limited to promising such. Republicans claim that taxes and government spending ���take money out of the economy��� and cost jobs. So far, with the cuts and the ���sequester,��� our. From Fridays New York Times, Bloc in Europe Starts to Balk Over Austerity: In past years ��� the eurozone nations buckled��.

STATE UNIT BACKS CITY BUDGET PLAN, ORDERS NEW CUTS; Reductions of $700-Million and More Layoffs Approved Under 3-Year Program SOME PROVISOS ADDED Financial Control Board Asks Machinery to Monitor How Well City Complies Fiscal Control Board Backs City Budget Plan but Orders New Cut

The states Emergency Financial Control Board last night approved a three-year austerity plan for the city that will mean more than $700-million in budget cuts and additional thousands of layoffs whose total has not yet been determined.. Controversy over teachers recent labor agreement resurfaces during Emergency Financial Control Bd meeting on Oct 20, as bds staff analysts, who at first rejected agreement as too costly, now conclude 1st yr of proposed settlement is within citys austerity budget; remaining issue holding up approval of agreement centers on teachers need to decide how much of salary increase they are willing to defer; union leaders hopes for easing layoff threat are rooted in presentation by union consultant Jack Bigel, who repts new wage freeze is discouraging sr workers from staying on job to enrich their pensions and, as result, are retiring at double and triple usual rate; bd, in absence of any concrete plan for attrition, may institute dismissals if payroll shrinkage is too slow (S)

The Doc Fix Could Break Budget Goals - NYTimes.com

That was the blunt headline that appeared in The New York Times on Jan.. The A.M.A. is now broadcasting a new television commercial about Medicare with a different take: the doctors want to protect the program, and themselves, from steep cuts in payments.. Congressional Democrats have no plans to offset the cost of S. 1776, which is why they are eager to keep it separate from the broader health care legislation and avoid breaking the presidents promise.

TAFT COMES OUT FOR BUDGET SYSTEM; Tells Newark Board of Trade That National Economy Demands It. BITTER TO NEWSPAPERS Tells Why Panama Canal Cost Has Grown to $297,000,000 -- 25,000 Greet Him in Newarks Streets.

President Taft concluded his two-day trip out of Washington in Newark last night, where he addressed the Newark Board of Trade on a sympathetic topic -- revenues and expenditures. More than 700 New Jerseyites, including the heads of all the Boards of Trades for miles around and most of the States political leaders, crowded into Kruegers Auditorium to dine and hear the speakers.. HR com fails to act on bill to extend deadline for filing returns

Changes to Excise Tax on High-Cost Health Plans Address.

Under one scenario for Congress to enact health reform legislation, the House would pass the Senate health bill, and the House and Senate would both pass a budget reconciliation bill that includes changes to the health bill that... [13] Jonathan Gruber, Cadillac tax isnt a tax--its a plan to finance real health reform, New York Times, December 28, 2009; Gruber, Impacts of the Senate High Cost Insurance Excise Tax on Wages: Updated, November 20, 2009.

Debt Reckoning: Updates on the Fiscal Deadline

. This feature follows the talks between President Obama and Congressional leaders over the so-called fiscal cliff. It aims to explain the major economic and fiscal issues, examine public opinion and analyze the options that the parties are considering as the deadline approaches.

Column: Green shoots of bipartisanship

The Medicare agreement, which passed the Senate 92-8 and won 392 votes in the House, solved several problems simultaneously. It ended the annual congressional can-kicking known as the ���doc fix,��� the result of overambitious cost-cutting targets for .

Senate passes GOP budget plan | WashingtonExaminer.com

It marks the first Senate-passed spending blueprint for Republicans who retook the majority in January ��� the first time since 2006.. Democrats, in their opposition to the GOP budget, said the Republicans spending plan is only meant to benefit the wealthy ��� claiming it fails to close tax loopholes that help the rich while cutting spending on social services for the poor.. The president spoke about the work of the new spin-off of his My Brothers Keeper initiative.

Using Reconciliation Process to Enact Health Reform Would.

Under the current plan, the vast bulk of health reform will be enacted when President Obama signs the Senate-passed reform bill, which it considered outside the reconciliation process... In both 2001 and 2003, the reconciliation process was used to pass costly tax cuts that were not paid for and that have substantially increased deficits and debt. In response. [10] Robert Pear, Senate Approves Sweeping Change in Welfare Policy, New York Times, July 24, 1996.

The Powers of New York

Influence in New York is now wielded by a larger and more diverse array of people. Here’s a look at who is at the top and who may be on the way, as identified by the reporters of The New York Times.

HOUSE VOTES TAX BILL; $25,000 INCOME LIMIT IS PUT ON $50 REBATE; STIMULUS PASSES BY 282 TO 131 Despite White House Pressure, Proposal on Investment Credit Is Replaced With Jobs Plan House Votes Tax Bill; $50 Rebate Goes to Incomes Under $25,000

WASHINGTON, March 8 The House today passed President Carters tax stimulus for the economy by a vote of 282 to 131 with modifications limiting his full $50 rebate to those whose gross annual incomes are less than $25,000 and rejecting a Carter proposal to widen the investment tax credit.

THE WARREN COMMISSIONS REPORT

text of Warren Comm rept. text of Warren Comm rept

Who Runs Congress?; Well, theres Carl Marcy, Richard Moose, Walter pincus, Seth Tillman, William Cherkasky, Wes Barthelmes, Park Rinard, Dr. Paul Nelson, Jake Lewis. Who runs Congress? Members and staff share power almost equally

WASHINGTON. WHEN Senator John williams of Delaware said he was going to quit Congress this year, he explained that he didnt want to hang around until he became so mentally broken down that his work had to be done by staff aides, a fate he said had befallen some senile colleagues.. illus with aide W Barthelmes

Hillarys emails not technically illegal

Hillary Clintons exclusive use of a personal email account to conduct official business as secretary of State caused seems to have stayed within the law, experts say. ���What she did was not technically illegal,��� said Patrice McDermott, a former.

Senate Passes Cost-Cutting Budget Plan, but Calls for a.

Senate Passes Cost-Cutting Budget Plan, but Calls for a New Approach Soon ��� New York Times WASHINGTON ��� The Senate gave final approval Tuesday to the first joint congressional budget plan in six years, ratifying a��.

Unlimited Monthly Subway Pass With Free Transfers Is Proposed

After 90 years of charging a single flat fare for every ride, transit officials yesterday proposed a new system that would allow New Yorkers to buy monthly passes with unlimited trips and permit free transfers between buses and subways. To pay for the discounts, the basic $1.25 fare would rise by 10 cents. But the future of the long-awaited proposals is likely to be caught in the crosscurrents of state politics and may hinge on the outcome of the political feud between Mayor Rudolph W. Giuliani and Governor-elect George E. Pataki.

Coburn Budget Plan Proposes $9 Trillion in Cuts - NYTimes.

Philip Scott Andrews/The New York TimesSenator Tom Coburn of Oklahoma introduced a plan Monday that would cut over $9 trillion from the deficit. Senator Tom Coburn of Oklahoma, who dropped out of the bipartisan group��.

N.Y. lawmakers pass fourth consecutive on-time budget.

ALBANY ��� New York lawmakers passed the states fourth consecutive on-time budget late Monday, with the Assembly passing the spending plans final piece with 45 minutes to spare. Both the Senate and the. It also calls for two annual rebate checks ��� totaling up to 2 percent of a localitys tax levy ��� to homeowners if their local governments and school district stays within the property-tax cap and, in year two, puts together a plan to cut costs. It also would enact a��.

LEGISLATURE VOTES 40-MILE SPEED LIMIT; Assembly Sends Tire-Saving Bill to Lehman -- Fund Set Up to Plan Narrows Tunnel SENATE FAVORS LOCAL AID Passes Measure Shifting to State Upkeep of Armories, Costing $2,000,000 a Year

ALBANY, April 16 -- By a vote of 90 to 16, the Assembly passed today the Graves bill establishing a State-wide speed limit of 40 miles an hour. The measure, which now goes to the Governor, carries out President Roosevelts recent recommendation that such a limit be set to help conserve automobiles and tires.. Sen defeats Desmond const amendment to give Appeals Ct power to remove judges

Tape Transcripts as Edited and Released by the Wine House; Special to The New York Times

Following is the final installment of the transcripts of tape recordings of conversations concerning Watergate as edited and made public by the White House: April 17, 1973 (9:47-9:59 A.M.) Meeting : The President and Haldeman, Oval Office. Named in transcripts of White House Watergate tapes

House Passes Budget, FHFA Publishes HTF+CMF Final Rule

If the Senate passes its budget resolution (which may come to a vote by the end of the week), the two chambers would conference and attempt to pass a joint conference agreement. (The Hill, March 25 and Bloomberg, March 25) Proposed cuts in the House budget plan would lower funding levels for Medicare, Medicaid, education investments, unemployment insurance, nutrition programs and more. For example, the. (The New York Times, March 24). For the latest��.

Deficit-Reduction Package That Lacks Significant Revenues.

The House-passed budget from Budget Committee Chairman Paul Ryan is indicative of the sort of approach Congress likely would take if it rejects a balanced approach to deficit reduction that includes significant revenues: The Ryan budget would heavily shift. government to states and localities. By contrast, if Congress adopts a balanced deficit-reduction plan that includes significant new revenues, the resulting cost shift to states and localities almost certainly would be far smaller.

Obama: GOP holding Loretta Lynch hostage

Senate Majority Leader Mitch McConnell (R-Ky.) has said Lynch wont receive a vote until the Senate passes a bill intended to prevent human trafficking. Democrats have blocked the measure due to concerns about language preventing federal funds from .

CONGRESS FACING DEFICIT IMPASSE IN CURRENT SESSION

Congress conceded tonight that it could not adopt any deficit-reducing measures before adjourning, despite the likelihood of a $200 billon budget gap this fiscal year. But in their drive to meet the Friday night target for adjournment, lawmakers acted today to break a long-standing logjam on the United States contribution to the International Monetary Fund and to compromise on the military budget for the current fiscal year. After weeks of negotiation, the Senate reluctantly approved a much- amended compromise measure authorizing the United States to lend an additional $8.4 billion to the monetary fund. (Page D1.) Reagan Breaks Even The Administration broke even today in a Congressional conference to reconcile bills on military spending. Conferees rejected President Reagans plan to resume production of nerve gas and other chemical weapons but cleared the way to begin testing an antisatellite weapon. (Page A21.)

Meet the Father of Zero-Based Budgeting

Zero-based budgeting is a ���tremendous��� tool, Mr. Pyhrr said, ���especially in times of economic problems, when you need to make reductions, or when you have significant and rapid technological change.��� But he doesnt know how widely it is used.

HOUSE VOTES TAX BILL; $25,000 INCOME LIMIT IS PUT ON $50 REBATE; STIMULUS PASSES BY 282 TO 131 Despite White House Pressure, Proposal on Investment Credit Is Replaced With Jobs Plan House Votes Tax Bill; $50 Rebate Goes to Incomes Under $25,000

WASHINGTON, March 8 The House today passed President Carters tax stimulus for the economy by a vote of 282 to 131 with modifications limiting his full $50 rebate to those whose gross annual incomes are less than $25,000 and rejecting a Carter proposal to widen the investment tax credit.. HR votes, despite heavy Adm pressure, to replace investment incentive with specifically aimed jobs credit; Schultze says Adm calculates stimulus pkg will increase employment by over 700,000 jobs and lower unemployment rate from 7.5% to 6.7% or 6.9%, Sen Finance Com hearing; Treas Sec W Michael Blumenthal says Adm finds especially troublesome type of jobs credit HR approved because credit 2/3 of labor mkt is precluded from any benefits (M)

House approves GOP budget

If a joint conference agreement does pass both chambers, Republicans will be able to trigger a budget procedure known as reconciliation that could be used to target ObamaCare, reform the tax code and raise the debt ceiling, among other things. Bills.

Cruz signing up for ObamaCare

The Texas senator was previously covered by a Goldman Sachs plan that was worth at least $20,000 a year, according to a 2013 report from The New York Times. Cruz has previously boasted that he was not forced to buy coverage under ObamaCare.

THE CLOUT OF THE NEW BOB DOLE

When I first got to know Bob Dole, says George McGovern, he was tough and mean. That was back in the early 1970s, when Senator Robert J. Dole was a most acerbic Republican Party chairman and Senator McGovern was a most liberal Democratic candidate for President. Today, the two men count each other as friends. He has changed, says McGovern - not only on the personal and psychological levels, he adds, but in his approach to Government policy. The transformation of Bob Dole suggested by this unlikely friendship - the one-time political gunslinger turned into a defender of the poor, the hard-line conservative turned toward mainstream Republicanism - has taken on special significance of late. For the Senator from Kansas has become one of the most powerful and effective politicians in Washington. His political means and ends are shaping the key legislation of the day. Earlier this year, as chairman of the Senate Finance Committee, he almost single-handedly engineered a huge tax increase in the face of a recalcitrant President and Congress - and managed to sell it as a reform measure aimed at collecting money from tax cheats and from little-taxed businesses.

Full Text of Governor Smiths Message to the Legislature, Setting Forth His Policies; Again Demands Executive Budget, County Reform and 48-Hour Law

ALBANY, Jan. 5. -- The text of Governor Smiths annual message, heard by the Legislature assembled in joint session today, was as follows:. Gov Smith reviews work of Port of N Y Authority for past yr, in annual message to Legis

Fall Text of the Presidents Discussion With the Foreign Relations Committee; Presidents Opening Statement on His Views of the Treaty and League Plan, and Subsequent Questions and Answers as Recorded by Stenographers. of the Senate On the Peace Treaty With Germany and League of Nations Covenant Full Text of the Presidents Discussion With the Foreign Relations Committee of the Senate On the Peace Treaty With Germany and League of Nations Covenant

WASHINGTON, Aug. 19.--Here is the complete official stenographic transcript of todays White House conference between President Wilson and members of the Senate Foreign Relations Committee as made by the Senates stenographer:. explains to Pres Wilson purpose of conference with Foreign Relations Com

GOP letter to Tehran backfires

A letter from Senate Republicans to Irans leadership has divided the GOP and forced it to play defense, endangering the partys chances of passing a new round of sanctions that would kill President Obamas nuclear talks with Tehran. The talks have.

Balancing the Budget in Ten Years and No New Revenue.

The House and Senate are expected to consider their respective budget resolutions starting next week.. This years House and Senate budget resolutions wont be identical to last years House budget. But they likely wont vary dramatically from it if congressional GOP. rising is the soundest approach. The debt ratio should grow only during hard economic times or major emergencies, and budget plans should be designed with their effects on the debt ratio in mind.

House Unveils Budget Containing Steep Cuts

Other Republican senators might also be reticent to pass the Houses proposed budget. ���Historically, the Senate has been less willing to take on the tough issues, and the early sounds are theyre not going to do a Ryan-type Medicare-Medicaid plan,��� .

Motherlode | Your Turn: A Weekend Thread, Open for Comments

. New York Times/CBS News Poll Was Conducted. The New York Times/CBS News Poll is based on telephone interviews conducted April 30 to May.. Senate Passes Cost-Cutting Budget Plan, but Calls for. Committee leaders in both parties were already .

Excise Tax on Very High-Cost Health Plans Is a Sound.

An excise tax on very high-cost health plans, which the Senate Finance Committee included in its health reform bill, represents a sound way to help pay for health reform... Goldmans top executives participate in a medical and dental plan that costs $40,543 a year for each participants family -- three times the national average, according to the New York Times... a David Leonhardt, How a Tax Can Cut Health Costs, New York Times, September 30, 2009.

House to vote on short-term funding bill

But the delays mean the House this week will now be forced to pass a short-term funding bill to buy the Senate enough time to take up and debate the much larger omnibus package. The short-term continuing resolution is likely to extend funding for two.

Senate Passes Cost-Cutting Budget Plan

Senate Republicans made little of the policies prescribed by their new budget and much of the numbers, which they say show a federal deficit finally disappearing for the first time since 2001. To get there, the budget calls for $4.2 trillion in cuts to.

Senate Housing Legislation Highly Disappointing: Less.

This measure was not passed over due to cost; its cost is lower than the amount the bill would spend on tax cuts that would do little or nothing to address the foreclosure crisis.[1].. (Currently, this bond authority can be used only to help finance new mortgages for first-time homebuyers with low and moderate incomes and for multi-family rental housing.) Proponents have... [20] Alan S. Blinder, ���How to Cast a Mortgage Lifeline,��� New York Times, March 30, 2008.




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