Yesterday we discussed Washington Post columnist Robert Samuelson’s observation that discussion of the debt and deficit was absent from President Obama’s State of the Union.
After a long battle, the farm bill conference report was released Monday and passed in the House on Wednesday by a vote of 251-166. The farm bill conference committee began negotiations in October 2013 after the House and Senate passed two separate and conflicting versions of a farm bill.
The numbers say it all: Washington has spent its way into a fiscal crisis. This unsustainable habit will have consquences on future generations unless Congress can work together and enact lasting change.
The House yesterday easily passed the fiscal year 2014 omnibus spending bill. The vote was 359 to 67 and, as predicted, it happened less than 48 hours after House and Senate appropriators released the contents of the bill.
House and Senate appropriators released on Monday the draft fiscal year 2014 omnibus appropriations bill.
As we noted Tuesday, the fiscal year 2014 omnibus spending bill, which appropriators are still negotiating, will allot $1.012 trillion for discretionary spending this fiscal year. In today’s “Breaking It Down” we look more closely at that number.
As congressional officials return from their holiday recess, once again all efforts will be to put toward avoiding another government shutdown and funding the government through Jan. 15. With the president signing a budget agreement and a defense spending bill at the end of 2013, lawmakers will now have the option of restoring some order to a broken appropriations process by potentially passing a collective trillion dollar, 12-part spending measure called an “omnibus” appropriations bill.
This week Congress will begin to divvy up more than $1 trillion in the omnibus spending bill – something they haven’t done in the last five years thanks to a series of continuing resolutions that have kept the government funded despite political gridlock.
Get the latest on your state’s unemployment rate, economic condition, budget deficit and more with our State Fact Sheets. The most up to date fiscal and economic data for all 50 states in one place.
Every year Sen. Tom Coburn (R-Okla.) compiles a “Wastebook” detailing Washington’s questionable government spending. This year’s “Wastebook” features 100 examples of wasteful spending, totaling $30 billion. Not enough time to read the full “Wastebook”? No problem, we did it for you. Check out our Wastebook Cliff Notes below for a brief summary of the most outrageous cases of wasteful spending.