Posts tagged as:

budget control act

Sequestration: A Refresher

In August 2011, Congress passed the Budget Control Act. This legislation had four primary components: Raised the statutory debt ceiling. This is the limit on [...]

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Trio of Fiscal Issues to Converge at End of Year; Debt Limit Questions Resurface

Political observers in Washington this week felt a sense of déjà vu in the wake of comments by House Speaker John Boehner (R-OH) about the [...]

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House Votes to Replace 2013 Automatic Cuts with $315B in Spending Reductions

Today, the House approved legislation that would cut $315 billion from social programs in 2013. The legislation is House Republicans’ response to the $72 billion [...]

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2013 Budget Moves Forward, but Stalemate Looms over Top-Line Spending Amounts

The 2013 budget advanced in both the House and Senate this month, as the Appropriations Committees approved annual spending measures for several agencies. But the [...]

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Political Undercurrents Raise Big Questions for 2013 Budget

Congress has begun deliberating the 2013 budget. But, like much in Washington, it will not be a simple debate. This year’s appropriations process is complicated [...]

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