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Humberto Sanchez

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Biden talks intensify; Gang of Six considers options

June 21, 2011 As the budget talks led by Vice President Joe Biden continue this week, the seemingly defunct Gang of Six is exploring whether to continue its work, disband or seek a lifeline from other senators. The Gang of Six, which is working on a comprehensive deficit reduction plan based on recommendations ...

Biden deficit group gives itself July 1 deadline

June 17, 2011 Six lawmakers led by Vice President Joe Biden and charged with developing a deficit-reduction plan met for the third time this week and agreed on Thursday to give themselves until July 1 to come up with an agreement or decide not to continue. Whether or not to raise taxes remained ...

Senate will hold a pro-forma session next week, preventing recess appointments

May 27, 2011 The Senate will remain in pro-forma session next week, a step that will prevent President Obama from making any recess appointments during the Memorial Day break, including a much-anticipated potential appointment of Elizabeth Warren as head of the Consumer Financial Protection Bureau. Senate Majority Leader Harry Reid, D-Nev., spokesman Jon ...

Jury still out on deficit-reduction group

April 21, 2011 It's unclear what to expect from the group of lawmakers, led by Vice President Joe Biden, that is tasked with formulating a deficit-reduction plan, given its partisan makeup and the advanced talks of the "Gang of Six" in the Senate, budget experts said on Wednesday. "What I see is a ...

Geithner: Two plans hold basis for deficit agreement

April 19, 2011 Treasury Secretary Timothy Geithner said on Tuesday that even though congressional Republicans and Democrats have different ideas on how to bring down the deficit, there is basis for an agreement in the two recently released reduction plans. "I think if you listen carefully, people are all saying the necessary thing, ...

House passes budget resolution with pay, benefits cuts

April 15, 2011 The Republican-led House on Friday passed the fiscal 2012 budget resolution, which proposes to cut $5.8 trillion from current spending levels over the next 10 years, as well as drastically change the way Medicare and Medicaid are administered, in a clear display of the GOP vision for policy and spending. ...

What's in the spending bill?

April 12, 2011 After a marathon four-day bill drafting session, the House Appropriations Committee early Tuesday morning unveiled compromise legislation to fund the federal government for the remainder of the fiscal year and cut $38.5 billion from current spending levels. House Republican leaders struck a deal with Senate Democrats and the White House ...

Loud opposition unlikely to scuttle budget deal

April 12, 2011 Loud opposition from some Republicans to a six-month spending deal that averted a government shutdown will enable conservatives to blow off some steam but is unlikely to stymie passage of the bill before the latest short-term funding measure expires at the end of Thursday. Staffers with the House and Senate ...

Budget deal faces one last hurdle

April 11, 2011 As it moves to the next budget battle, Congress still faces the pesky task of legislating an end to the last one. All the sighs of relief that followed last week's deal to keep the government open will do little to alter the reality that once again lawmakers have to ...

GOP passes futile one-week spending measure

April 7, 2011 With an eye to protecting themselves politically in case of a government shutdown, House Republicans passed legislation on Thursday that would fund the federal government for another week and pay for the Department of Defense through the rest of the fiscal year. But the bill, which passed the House 247 ...