FW: HUFFPOST HILL - BUDGET
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Judy Reed
Dec 17, 2013, 6:38:43 PM12/17/13
to YES WE CAN!, * Leader Democrats
THREE CHEERS FOR JEANNE SHAHEEN!!!
That was a helluva way for Republicans to "Support the Troops." Military retirees should not be forced to pay for a deficit caused by tax breaks for the rich. Time for the rich to do it.
Judy.
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From: HuffPost Hill <huffpo...@huffingtonpost.com>
Date: Tue, 17 Dec 2013 17:52:56 -0500 (EST)
CLASS WARFARE FOR WARRIORS - Meredith Shiner: "Sen. Jeanne Shaheen, D-N.H., announced Tuesday that she will be introducing legislation to roll back provisions in the pending budget deal that would cut military retirement benefits by reducing cost-of-living adjustments. Shaheen, who is up for re-election in 2014, said that the plan would be paid for by closing 'select corporate tax loopholes,' even though Republicans resisted doing so in the budget agreement that has yet to pass the SenateŠ. 'The plan I am going to introduce will undo changes to future cost of living adjustments for military retirees and will instead achieve savings by closing corporate tax loopholes. It¹s a smart, pragmatic fix and I hope it will generate bipartisan support.'" [Roll Call <http://link.huffingtonpost.com/4f50289cb92da761feb309e519b4r.bo0/UrDVG-YQ4P5n4YlAB1102> ]
BUDGET AGREEMENT CLEARS SENATE HURDLE, WILL LIKELY PASS Sabrina Siddiqui: "The United States Senate advanced a budget compromise Tuesday that provides modest relief to across-the-board spending cuts and prevents another shutdown of the federal government in January. The upper chamber voted 67-33 on cloture, thus meeting the 60-vote threshold to begin debate on the measure. The agreement, which passed the House of Representatives overwhelmingly last week, offers a partial break to the federal budget cuts known as sequestration, by raising spending levels slightly from $967 billion to $1.014 trillion over the next two years. It also produces savings and non-tax revenue totaling $85 billion, $20 billion to $23 billion of which would be devoted to deficit reduction. The budget deal is expected to clear final passage, although some Republicans have raised concerns about reductions in cost of living benefits for military retirees...Conservative groups like Heritage Action and Club for Growth also slammed the measure and urged Republicans to vote against it, claiming the deal did not include meaningful deficit reduction. Twelve Senate Republicans nonetheless voted in favor of advancing the deal: Sens. Lamar Alexander (Tenn.), Roy Blunt (Mo.), Saxby Chambliss (Ga.), Susan Collins (Maine), Jeff Flake (Ariz.), Orrin Hatch (Utah), John Hoeven (N.D.), Johnny Isakson (Ga.), Ron Johnson (Wis.), John McCain (Ariz.), Lisa Murkowski (Alaska), and Rob Portman (Ohio). All Senate Democrats voted in favor of the measure." [HuffPost <http://link.huffingtonpost.com/4f50289cb92da761feb309e519b4r.bo0/UrDVG-YQ4P5n4YlIB153c> ]
(C) 2013 The Huffington Post PO Box 4668 #22504 New York, NY 10163-4668
That was a helluva way for Republicans to "Support the Troops." Military retirees should not be forced to pay for a deficit caused by tax breaks for the rich. Time for the rich to do it.
Judy.
----------
From: HuffPost Hill <huffpo...@huffingtonpost.com>
Date: Tue, 17 Dec 2013 17:52:56 -0500 (EST)
CLASS WARFARE FOR WARRIORS - Meredith Shiner: "Sen. Jeanne Shaheen, D-N.H., announced Tuesday that she will be introducing legislation to roll back provisions in the pending budget deal that would cut military retirement benefits by reducing cost-of-living adjustments. Shaheen, who is up for re-election in 2014, said that the plan would be paid for by closing 'select corporate tax loopholes,' even though Republicans resisted doing so in the budget agreement that has yet to pass the SenateŠ. 'The plan I am going to introduce will undo changes to future cost of living adjustments for military retirees and will instead achieve savings by closing corporate tax loopholes. It¹s a smart, pragmatic fix and I hope it will generate bipartisan support.'" [Roll Call <http://link.huffingtonpost.com/4f50289cb92da761feb309e519b4r.bo0/UrDVG-YQ4P5n4YlAB1102> ]
BUDGET AGREEMENT CLEARS SENATE HURDLE, WILL LIKELY PASS Sabrina Siddiqui: "The United States Senate advanced a budget compromise Tuesday that provides modest relief to across-the-board spending cuts and prevents another shutdown of the federal government in January. The upper chamber voted 67-33 on cloture, thus meeting the 60-vote threshold to begin debate on the measure. The agreement, which passed the House of Representatives overwhelmingly last week, offers a partial break to the federal budget cuts known as sequestration, by raising spending levels slightly from $967 billion to $1.014 trillion over the next two years. It also produces savings and non-tax revenue totaling $85 billion, $20 billion to $23 billion of which would be devoted to deficit reduction. The budget deal is expected to clear final passage, although some Republicans have raised concerns about reductions in cost of living benefits for military retirees...Conservative groups like Heritage Action and Club for Growth also slammed the measure and urged Republicans to vote against it, claiming the deal did not include meaningful deficit reduction. Twelve Senate Republicans nonetheless voted in favor of advancing the deal: Sens. Lamar Alexander (Tenn.), Roy Blunt (Mo.), Saxby Chambliss (Ga.), Susan Collins (Maine), Jeff Flake (Ariz.), Orrin Hatch (Utah), John Hoeven (N.D.), Johnny Isakson (Ga.), Ron Johnson (Wis.), John McCain (Ariz.), Lisa Murkowski (Alaska), and Rob Portman (Ohio). All Senate Democrats voted in favor of the measure." [HuffPost <http://link.huffingtonpost.com/4f50289cb92da761feb309e519b4r.bo0/UrDVG-YQ4P5n4YlIB153c> ]
(C) 2013 The Huffington Post PO Box 4668 #22504 New York, NY 10163-4668
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