Congress has a Budget Deal. What’s it all about?

This was Boehner’s last Hurrah as the House Speaker and member. Boehner and Senate Leader McConnell huddled to try to get a Budget passed. Here’s what they had to deal with:

From the NYTimes: Budget Deal Isn’t Boehner’s ‘Grand Bargain’ but Gets Job Done

The agreement, negotiated in secret by top congressional and White House aides, is a recognition by Mr. Boehner and Senator Mitch McConnell of Kentucky, the majority leader, that they were staring into a fiscal and political abyss.

With just days remaining before the Treasury Department estimated it would run short of cash to pay the federal government’s obligations, the two leaders of the House and Senate majorities had no clear path toward raising the federal debt limit. Many House Republicans and some in the Senate refuse to vote for any increase in federal borrowing power no matter the dire circumstances. Support for a debt-limit increase has become a sure ticket to a primary challenge from the right for many of them.

But Mr. McConnell has repeatedly promised no default. And he and Mr. Boehner, with their ties to high-ranking allies in the business and financial worlds, knew that failure to head off a threat to the government’s creditworthiness could boomerang badly on Republicans just one year from Election Day.

So the Right Wing of the Republican Party was fighting this deal the whole time. But the Very Right Wing was going against the Business and Financial “world” so McConnell and Boehner knew that this RW thinking would hurt the Republican Party.

So what’s in the Budget? Lets take a look….

From Yahoo News: White House, Congress reach tentative budget deal

Under the plan, the higher borrowing authority would be in effect until March 2017.

In addition, 58 million barrels of oil from U.S. emergency reserves held at the Strategic Petroleum Reserve would be sold over six years, starting in fiscal 2018, to help pay for the additional spending over two years, according to a copy of the bill posted to a congressional website.

If successful, the agreement would mark a final act for Boehner to clear some politically divisive legislation as Ryan takes over as speaker – assuming the Wisconsin lawmaker gets a majority of the House votes in an election set for Thursday that would win him the top job.

Central to the pact is the easing of across-the-board budget caps which would allow an additional $80 billion in spending over two years, split evenly between military and domestic programs. About $50 billion in added spending would come in fiscal 2016, which started on Oct. 1, and $30 billion would be added to the fiscal 2017 budget.

“The bipartisan budget package unveiled last night represents real progress for hard-working families across the country,” House Democratic leader Nancy Pelosi said in a statement.

Boehner said he was “clearing the deck” before Ryan takes over but here’s what Ryan had to say about it from the above linked article:

Republican Representative Paul Ryan, who is expected to be elected to the top House job of speaker on Thursday, replacing the retiring Boehner, told reporters he was reserving judgment on the agreement until he reviewed its details.

And in a nod to rebellious fellow Republicans who are clamoring for changes in the way the Republican-controlled House is run, Ryan added, “I think this process stinks,” hinting that “under new management” work will get done well before deadlines.

What do you think?

908 thoughts on “Congress has a Budget Deal. What’s it all about?”

  1. John Nichols ‏@NicholsUprising 10h10 hours ago

    Trump is “not conservative” “not what party is about” but, well, yes, Paul Ryan could support Trump as GOP nominee.
    http://www.thenation.com/article/how-paul-ryan-aids-and-abets-donald-trump/

    CBS News ‏@CBSNews 12m12 minutes ago

    Bowe Bergdahl speaking out for first time http://cbsn.ws/1NQAJhl

    New Poll Crushes Paul Ryan’s Lie, Shows the Vile Nature of Republican Bigotry and Fascism

    “This is not conservatism,” Ryan said. “What was proposed yesterday is not what this party stands for and, more importantly, it’s not what this country stands for.” When I heard these words, I was a bit confused. Was Ryan not paying attention to the same Republican party I had known for the last few years? More importantly, how do you rationally claim that the values of your party’s leading presidential candidate don’t represent those of your party? Correct me if I’m wrong, but don’t voters tend to support the candidate whom they feel most represents their values? Well, we don’t even have to ask those questions anymore. A poll which just came out proves that Ryan is either a liar or flat-out delusional because Trump’s bigoted and hate-filled rhetoric is exactly what most Republicans support. According to a Bloomberg/Purple Strategies poll, 65 percent of likely Republican primary voters support the ban. Let me repeat that, 65 percent – or just about two-thirds of Republicans – support Trump’s proposal to ban all Muslims from entering the United States. Now compare that with the overall population where only 37 percent of likely voters backed such a proposal. In other words, it’s Republicans – and their “values” – that comprise the overwhelming majority of Americans who support banning all Muslims from entering the United States. [more]

    The LIP TV ‏@theliptv Dec 9

    Syrian Rebels Lose Homs After Ceasefire Agreement With Assad http://ht.ly/VGNlm

    ReplyReply
  2. MSNBC:

    ISIS Finance Minister Abu Salah Killed in American Airstrike

    Two other senior leaders were killed in air strikes in recent weeks, a U.S. military spokesman said on Thursday.

    ABC News ‏@ABC 16m16 minutes ago

    91-year-old woman gives presents to Muslim doctor in show of solidarity against Donald Trump http://abcn.ws/1Rd3QBZ

    John Nichols ‏@NicholsUprising 18m18 minutes ago

    Only old, out-of-touch Rs, or even older, more out-of-touch pundits, think there’s anything “fresh” about Rubio.
    http://www.thedailybeast.com/articles/2015/12/10/moderate-marco-rubio-wants-to-undo-gay-marriage-end-obama-s-lgbt-protections.html

    AJE News ‏@AJENews 24m24 minutes ago

    Saudi Arabia: Assad must resign or be forced from power http://aje.io/4nd2

    Renca ‏@bow227 28m28 minutes ago

    Where is US media to report this important Syrian news??Syrian Opposition Groups Agree on Plan for Talks http://www.voanews.com/content/kerry-meeting-of-syrian-rebel-groups-very-constructive/3097082.html

    Umar Farooq ‏@UmarFarooq_ 34m34 minutes ago

    CIA, MIT warnings prompt Turkey to lookout for five ISIS members planning attacks on US interests http://www.hurriyetdailynews.com/Default.aspx?pageID=238&nID=92368&NewsCatID=509 … via @HDNER

    Janet Hook ‏@hookjan 13h13 hours ago

    Harvard millennial poll:
    Dems:
    Bernie 41
    Hillary 35
    Republicans:
    Trump 22
    Carson 20
    rest of Rs in single digits
    http://on.wsj.com/1NcDBrC

    Michael McDermott ‏@McDermottMike1 35m35 minutes ago

    Bernie wins first Iowa Youth Caucus in a landslide; Hillary third. http://www.dailykos.com/story/2015/12/4/1456987/-Bernie-wins-first-Iowa-Youth-Caucus-in-a-landslide-Hillary-third … …

    ReplyReply
  3. The Progressive Mind ‏@Libertea2012 6h6 hours ago

    Black Lawmakers Suggest Action To Remove Antonin Scalia From The Supreme Court http://www.politicususa.com/2015/12/10/black-lawmakers-suggest-action-remove-antonin-scalia-supreme-court.html?utm_source=dlvr.it&utm_medium=twitter … #UniteBlue

    [snip]

    Congressional Black Caucus Chairman G.K. Butterfield (D-N.C.) derided Scalia’s remarks as “disgusting, inaccurate and insulting.” He argued the conservative, outspoken justice should recuse himself from the case and suggested the Judicial Conference of the United States should review the comments and consider his removal from the bench.

    “He’s expressed a bias or potential bias that will affect the public confidence in the outcome of the case,” he said. “Judges have to have integrity and they need to be independent and not make reckless comments from the bench that cast a shadow on the administration of justice.”

    While occupying a seat on the highest court in the land, Justice Scalia insulted and demeaned African-Americans while resorting to a racist stereotype that goes back as far as slavery. Between Donald Trump and Justice Scalia, Republicans are doing an amazing job of painting themselves as the “whites only” party. The views being expressed by prominent conservatives are straight out of the ugliest part of America’s collective soul.

    Antonin Scalia should not be hearing the University of Texas case. Scalia does not belong on the Supreme Court. Scalia is a disgrace, and the idea that he should be removed from the bench is one that needs to only be discussed, but actively put into motion.

    In other words, Justice Scalia has got to go.

    XNavyChief ‏@CraigCo62 7h7 hours ago

    Study: Mandatory Voting Would Destroy The Republican Party http://www.occupydemocrats.com/study-mandatory-voting-would-destroy-the-republican-party/

    [snip]

    According to a Pew Study earlier this year, Democrats have a natural lead in membership and while independents as a group are larger than either Democrats or Republicans, according to the study, they “48% identify as Democrats or lean Democratic; 39% identify as Republicans or lean Republican.” So the natural question is why did the Democrats take such a beating at the polls in 2010 and 2012?

    The obvious answer is Democrats did not come out to vote. Many Americans, seem to echo this view. Forty-one percent of non-voters say that they don’t bother to vote because “my vote doesn’t make a difference anyway” And what is most disturbing is that a recent study found “that non-voters tend to be much more liberal in their economic policy views compared to voters.” Democrats loudly complain about SCOTUS’s Citizens United decision leading to the undue influence of Super PAC money and SCOTUS’s 2013 decision to eviscerate the 1965 Voting Rights Act making it easier for Republican states to enact laws making it more difficult for minorities, who overwhelmingly vote Democratic to register and to vote. In response to this problem President Obama suggested the idea of mandatory voting “believing it would be transformative if everybody voted. That would counteract money more than anything.”

    However, low voter turnout increases the effectiveness of campaign spending because money can be used to target smaller groups, which can threaten the legitimacy of policymaking in our system where Super PAC’s financed by a very wealthy few unduly influence who gets elected and ultimately the direction of policy in favor of the wealthy -because the wealthy overwhelmingly turn out to vote. In fact,

    “Recent research by Benjamin Page, Larry Bartels, and Martin Gilens suggests that the super-rich members of the top 1 and .1 percent turned out to vote in 2008 at a whopping 99 percent. This compares to only 49 percent turnout for citizens earning less than $10,000. In midterm elections, the voting gap is even more pronounced. In 2010, only 26.7 percent of citizens earning less than $10,000 voted, while 61.6 percent of those making $150,000 voted. Voter turnout is heavily biased towards high-income voters.”

    [more]

    Wesley Lowery ‏@WesleyLowery 7h7 hours ago

    “if not for ppl on Twitter tweeting details they got from media coverage of this news story, I wouldn’t even know about this news story”

    Wesley Lowery ‏@WesleyLowery 7h7 hours ago

    Yes, Twitter has a democratizing effect on news and allows for stories that otherwise would be under covered to gain greater traction

    Wesley Lowery ‏@WesleyLowery 7h7 hours ago

    but saying “I heard about this on Twitter” is not, in and of itself, a very substantive media critique

    Wesley Lowery ‏@WesleyLowery 7h7 hours ago

    because we all get much of our news from Twitter. But the content of those tweets, very often, is populated via mainstream media coverage

    OccupyPhoenix ‏@occupyphoenix 7h7 hours ago

    @WesleyLowery it’s mostly from independent media that we see the best uncovered or incorrectly contextualized stories

    OccupyPhoenix ‏@occupyphoenix 7h7 hours ago

    @WesleyLowery or activists on the ground who may alert mainstream journalists who follow them to look into a story. Your feed may be dif

    Richard Angwin ‏@RichardAngwin 24h24 hours ago

    This needs to change

    ReplyReply
  4. Slate ‏@Slate 7h7 hours ago

    Just how much has network TV defanged Colbert’s political bite? http://slate.me/1SM96KF

    RT America ‏@RT_America 19m19 minutes ago

    Shooting stars: Geminid meteor shower lights up December sky this weekend http://on.rt.com/6z6s

    Democracy Now! ‏@democracynow 22m22 minutes ago

    VIDEO: Former Irish president Mary Robinson says @realDonaldTrump is “saying terrible, racist, exaggerated things”

    The Progressive Mind ‏@Libertea2012 32m32 minutes ago

    How the Bitter White Minority in the South Ended Up With Huge Power in Washington http://feeds.feedblitz.com/~/127673525/_/alternet~How-the-Bitter-White-Minority-in-the-South-Ended-Up-With-Huge-Power-in-Washington?utm_source=dlvr.it&utm_medium=twitter … #UniteBlue

    The Hill ‏@thehill 45m45 minutes ago

    The truce between Ted Cruz and Donald Trump is starting to show some cracks: http://hill.cm/aKghseK

    [The RW trolls on twitter are all up in arms against “the Hill” for this article. They don’t like when anyone infers their 2 top candidates could be hurt in any way even if they do it to each other.]

    michael carmichael ‏@alchemistoxford 9h9 hours ago

    It’s Too Late to Turn Off Trump by Matt Taibbi @NCPoliticalSpin @NaYaKnoMi @GodandtheBear @wcgirl1 @ree8674 http://www.rollingstone.com/politics/news/its-too-late-to-turn-off-trump-20151209

    ReplyReply
  5. Vox ‏@voxdotcom 4h4 hours ago

    Democrats think they can count on the Latino vote. This poll suggests otherwise. http://bit.ly/1QhS6hp

    Intl. Business Times ‏@IBTimes 10m10 minutes ago

    DEVELOPING: Loud blast heard near foreign embassies in Kabul, Afghanistan http://bit.ly/1Y8kguw

    Wladimir ‏@vvanwilgenburg 43m43 minutes ago

    US official details who’s buying the bulk of ISIS oil http://nyp.st/1TDTj0o via @nypost

    Islamic State militants are engaged in oil trading worth as much as $40 million a month with significant volumes sold to the government of President Bashar al-Assad and some finding its way across the border into Turkey, senior U.S. Treasury official Adam Szubin said on Thursday.

    “ISIL is selling a great deal of oil to the Assad regime,” Szubin, acting Under Secretary for Terrorism and Financial Intelligence with the U.S. Treasury, said at Chatham House in London.

    “The two are trying to slaughter each other and they are still engaged in millions and millions of dollars of trade.”

    “The volumes we are talking about and the amounts of money we are talking about are very sizeable,” said Szubin.

    [more]

    Robert Reich ‏@RBReich 2h2 hours ago

    Dow Chemical Co. and DuPont Co. just announced they’re merging — the largest merger ever in the chemicals… http://fb.me/1SancvLXk

    Huffington Post ‏@HuffingtonPost 15h15 hours ago

    Young Democrats prefer Bernie Sanders, new poll finds http://huff.to/1NQsP7o

    OWS_ellie ॐ ‏@OWS_ellie 12h12 hours ago

    More Americans support @BernieSanders than The Donald — but he gets 1/23 the TV coverage
    #Bernie2016 #FeelTheBERN
    http://www.philly.com/philly/blogs/attytood/More-Americans-support-Bernie-than-The-Donald—-but-he-gets-123-the-TV-coverage.html

    Anonymous ‏@Anonslyon 3h3 hours ago

    #OpTrump #Anonymous declares war on Trump with DDOS attack following Muslim ban speech http://bit.ly/1SS5ExS

    Taegan Goddard ‏@politicalwire 60m60 minutes ago

    Marine Le Pen doesn’t want to be compared to Trump: “Seriously, have you ever heard me say something like that?”
    https://politicalwire.com/2015/12/11/le-pen-doesnt-like-trump-comparison/

    Media Matters ‏@mmfa 24m24 minutes ago

    ABC World News Tonight has devoted 81 minutes to Trump and only minute to Bernie Sanders: http://mm4a.org/1Ng5HSL

    Tiffany Willis ‏@tiffany_willis 17m17 minutes ago

    WATCH Carly Fiorina Lose Her S*it When A CNN Host Confronts Her Over Planned Parenthood http://www.liberalamerica.org/2015/12/11/watch-as-carly-fiornia-lose-her-sit-when-cnn-host-confronts-her-over-planned-parenthood-lies/

    Vox ‏@voxdotcom 16m16 minutes ago

    13 black women on how an Oklahoma City police officer terrorized their neighborhood http://www.vox.com/2015/12/11/9891934/daniel-holtzclaw-guilty?utm_campaign=vox&utm_content=chorus&utm_medium=social&utm_source=twitter

    The Progressive Mind ‏@Libertea2012 20m20 minutes ago

    Jon Stewart Crashed Colbert’s Late Show, Channeled Donald Trump http://www.slate.com/blogs/browbeat/2015/12/11/jon_stewart_channeled_donald_trump_on_the_late_show_with_stephen_colbert.html?utm_source=dlvr.it&utm_medium=twitter … #UniteBlue

    ReplyReply

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