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"budget committee"

5 Things to Know About The Budget Conference Committee Deal

December 11, 2013

Last night the two leaders of the budget conference committee, Sen. Patty Murray (D-Wash.) and Rep. Paul Ryan (R-Wis.), announced they’d reached a deal on a two-year budget proposal. What does their plan do? How much spending does it include? And, most importantly, will it help address the nation’s rapidly rising debt?

The Reverse of Sequestration

May 7, 2012

Last November, the so-called supercommittee — a 12-member body set up by Congress to tackle a much-needed plan to cut the deficit — threw in the towel. Now, the sequestration process meant to make up for the committee’s failure, may be reversed.

The Budget Process

February 13, 2012

Before the government’s next fiscal year begins (runs from October 1, 2012 – until September 30, 2013), Congress and the President must fund some of government’s spending. The federal budget process has been muddied and been made confusing, so let’s examine exactly how it works.