Budget and spending measures at a glance

March 21, 2013 @ 3:43 pm

(AP) - Congress moved on several fronts Thursday advancing budget and spending measures for this year and beyond.

CATCHALL SPENDING BILL

Funds the day-to-day operating budget of Cabinet agencies through Sept. 30 but leaves in place across-the-board spending cuts of 5 percent to domestic agencies and 8 percent to the military. Eases a "readiness" crunch at the Pentagon, among myriad budget changes. Cleared the House for President Barack Obama's signature.

HOUSE BUDGET PLAN

Updated GOP budget for 2014 and beyond from Budget Committee Chairman Paul Ryan of Wisconsin. Nonbinding but sets out Republican vision for balancing the budget in 10 years, through $4.6 trillion in sharp cuts to safety-net programs like Medicaid and food stamps and domestic programs like education, agriculture and law enforcement. Proposes eliminating "Obamacare" health subsidies and leaves $1.2 trillion in automatic spending cuts in place. Passed House on 221-207 vote.

SENATE BUDGET PLAN

First Senate Democratic budget in four years. Nonbinding but proposes to increase taxes by $975 billion over 10 years and cut spending by $875 billion over the same period _ yet uses $1.2 trillion of those anti-deficit steps to repeal automatic spending cuts required by Washington's failure to follow up 2011 budget and debt pact. Cuts deficit to below 3 percent of gross domestic product, producing annual deficits in the $400 billion-$500 billion range. Vote expected late Friday or early Saturday.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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Comments (24)


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  • It's me! Ha ha! wrote...
    ch
    March 5, 2013 7:14 am
    How is that ObamaSequester working out for you? Guess what? I still have a job. So does HPD. And you are still living in mommies basement!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    How is that ObamaSequester working out for you?
    March 5, 2013 2:30 pm
    ten miles high!!! Look at todays stock numbers. Mommy and me are going out to dinner! * Me :-) * You :-( * enjoy your 32hour weeks. Mommy could use a good lawn boy. See ya Friday!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Rangerhawk wrote...
    Nobody believes you own stock in anything
    March 5, 2013 4:18 pm
    Except maybe Cheeto's
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    thinking about starting a Company 'Weed-R-Me'
    March 6, 2013 4:17 am
    want to buy stock?
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    I got your Twinkie
    March 6, 2013 6:50 pm
    come over to the basement and I will give it to you. You know you want it! Bring your paper bag with you.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • HPD 5-0 wrote...
    Gross.
    March 7, 2013 12:15 pm
    CH is finally out and he's hitting on X on this board? You're barking up the wrong tree. Try Capitol Hill....
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • C"mon Man wrote...
    White House
    March 7, 2013 6:07 pm
    No end in sight to their excessive spending!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    No end in sight to his excessive spending!
    March 10, 2013 4:12 am
    the Bush White House.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • murr wrote...
    How it would REALLY affect me
    March 12, 2013 3:23 am
    Cut one D-MM job, that would REALLY affect me. Ohhh no, keep the feeding at the slop trough. Starving to take everything they can get, so no one else can get more than them. Goverment mentality/entitlement.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • SickofSeattleite wrote...
    I don't understant the why they would shut down white house tours
    March 12, 2013 5:38 am
    that's only $18,000 isn't that what the first lady spent to get her bangs cut?
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • { "Thumbs Up":"1","Thumbs Down":"-1" }