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Humberto Sanchez

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Under fire from right, House GOP proposes $100 billion in cuts

February 10, 2011 In another victory for tea party rebels in Congress Thursday, House Appropriations Committee Chairman Harold Rogers, R-Ky., scrapped his original plan for spending cuts and announced that he will seek to cut $100 billion from what President Obama had requested for this fiscal year. "My committee has been working diligently ...

Democrats fight House GOP's proposed 2011 budget cuts

February 10, 2011 In a precursor to the debate to come, House and Senate Democrats on Wednesday questioned the wisdom of a House GOP proposal to cut about $58 billion in nonsecurity discretionary spending from President Obama's fiscal 2011 budget, saying that the cuts would fall disproportionately on the most-vulnerable citizens. But their ...

House GOP releases list of proposed cuts

February 9, 2011 The House Appropriations Committee Wednesday released a partial list of 70 cuts as part of a House GOP proposal to fund the federal government through the rest of the fiscal year, including a $600 million reduction from President Obama's fiscal 2011 budget request for the Community Oriented Policing Services program ...

Senate Dems play waiting game on continuing resolution

February 9, 2011 With a March 4 deadline fast approaching for enacting legislation to fund the remainder of fiscal year 2011, Senate Democrats are biding their time while the GOP-led House races to pass a spending bill to cut discretionary spending by nearly $35 billion. House Budget Committee Chairman Paul Ryan, R-Wis., was ...

SEC chair says agency's frozen budget is hurting its core mission

February 7, 2011 Mary Shapiro, chairwoman of the Securities and Exchange Commission, warned Friday that her agency can't properly carry out its mission because its budget has been frozen while its workload has climbed sharply. "Unfortunately, we've been operating under a continuing resolution that has hampered our ability to do what investors and ...

Senate appropriator predicts another short-term funding measure

February 4, 2011 With a limited number of legislative days left before the March 4 expiration of the current continuing resolution and House Republicans at odds with Democrats over about $34 billion in cuts, Senate Appropriations Chairman Daniel Inouye, D-Hawaii, predicted that Congress would pass another short-term funding extension. "I don't think we ...

Inouye: No earmarks for the next two years

February 1, 2011 Senate Appropriations Committee Chairman Daniel Inouye, D-Hawaii, Tuesday said he would not accept requests for earmarks for the next two years -- a move that comes after President Obama said in his State of the Union address that he would not sign any bills with earmarks. "The President has stated ...

CBO sees $1.5 trillion deficit

January 26, 2011 The Congressional Budget Office projects that the deficit for fiscal 2011, if current laws remain unchanged, will be $1.5 trillion, or 9.8 percent of the gross domestic product. CBO expects economic growth to remain moderate this year and next. As measured by the change from the fourth quarter of the ...

GOP looks to send Obama a message on spending

January 20, 2011 In a not-so-subtle challenge to President Obama, House Republicans are looking to vote on a resolution on Tuesday -- the same day as the State of the Union address -- that instructs House Budget Committee Chairman Paul Ryan, R-Wis., to come up with a plan to reduce non-security discretionary spending ...

GOP moves to cut spending to 2008 levels

January 18, 2011 The House GOP is moving ahead with its efforts to reduce spending with a resolution that instructs House Budget Chairman Paul Ryan, R-Wis., to come up with a plan that would reduce non-security, discretionary spending to 2008 levels for the remainder of fiscal 2011. The House is expected to act ...