Articles Tagged 'spending cuts'

Boehner tells Senate to ‘get off their ass;’ Reid says GOP ‘sitting on their posterior’

by Russell Berman - The Hill
February 27, 2013
A salty Speaker John Boehner (R-Ohio) on Tuesday told members of the Senate to “get off their ass” and pass a bill to replace $85 billion in across-the-board spending cuts, setting off an exchange with Senate Majority Leader Harry Reid (D-Nev.). “We have moved a bill in the House twice. We should not have to move a third bill before… READ MORE

Senate Dems unveil $110 billion sequester-replacement package

Senate Democratic leaders unveiled a $110 billion sequester-replacement bill at a closed-door caucus meeting Thursday that would replace $85 billion in automatic spending cuts set to hit March 1. The Senate Democratic package is split evenly between spending cuts and provisions raising new tax revenues, according to a Democratic source. It would raise nearly $55 billion in taxes by implementing… READ MORE

GOP readying dramatic steps on spending cuts

House Republicans are seriously entertaining dramatic steps, including default or shutting down the government, to force President Barack Obama to finally cut spending by the… READ MORE

Boehner: Focus on ‘common ground’ to help avoid fiscal cliff

November 8, 2012
By Pete Kasperowicz – The Hill Speaker John Boehner (R-Ohio) will deliver a statement Wednesday afternoon on the need for both Republicans and Democrats to find some agreement to avoid the so-called fiscal cliff — a combination of tax hikes and spending cuts scheduled for 2013. Boehner’s office said he would call on both sides to seek “common ground” to… READ MORE

Dick Durbin: ‘Fiscal Cliff’ Solution Unlikely Before Election

July 30, 2012
WASHINGTON, July 29 (Reuters) – The U.S. Congress is unlikely to resolve looming tax and spending issues before the Nov. 6 elections, a top Senate… READ MORE

Congress staring over edge of ‘fiscal cliff’

May 23, 2012
By Stephen Dinan-The Washington Times For Congress, the outlines of the pending fiscal crisis are clear: Don’t do a thing, and watch the economy slip into a double-dip recession early next year. Or cancel the looming tax increases and spending cuts, watch the deficit rise, and push the government ever closer to a European-style debt crisis. That decision was put… READ MORE

GOP chairman to offer bill to prevent automatic defense spending cuts

November 22, 2011
By John T. Bennett - The Hill
A senior House Republican vowed Monday to roll out legislation to “prevent” Pentagon spending cuts mandated by a supercommittee failure, and two prominent senators soon announced their intention to join that fight. Rep. Buck McKeon, the chairman of the House Armed Services Committee, said the cuts would do “catastrophic damage to our men …

Deficit Panel Folds Its Tent

November 22, 2011


Congress’s special deficit-cutting committee bowed to reality Monday and called it quits, with both sides… READ MORE

GOP to change debt bill after finding it violates Boehner’s pledge

July 27, 2011
By Stephen Dinan-The Washington Times House Republicans are scrambling to rewrite their debt limit increase bill after Congress’s official scorekeeper said it will save less… READ MORE

House GOP readies ‘cut, cap, balance’ plan

July 19, 2011
By Sean Lengell-The Washington Times House Republicans are prepared for a Tuesday vote on their signature debt-reduction plan that calls for a balanced-budget constitutional amendment, despite Democratic opposition and a White House veto threat. Meanwhile, Senate party leaders said Monday they will keep their members in session every day – including weekends – until they agree to a compromise to… READ MORE

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