HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Senate: Fact Sheet Respo...

Tue Jan 24, 2012, 06:45 PM

Senate: Fact Sheet Responding to Republican “No Budget” Claims

Fact Sheet Responding to Republican “No Budget” Claims
Jan 24, ’12 12:35 PM
Republican Claims That the Senate Has Not Passed a Budget Are WRONG

(Prepared by Majority Staff, Senate Budget Committee)

It is wrong to assert that there is no budget. The Budget Control Act enacted in August contained the budget for this year. It was passed by both the House and Senate, signed by the President, and enacted into law.

The Budget Control Act achieved all of the essential elements of a traditional budget – setting discretionary caps, providing enforcement mechanisms, and creating a process for addressing entitlement spending and revenues.

In many ways, the Budget Control Act was even more extensive than a traditional budget:

It has the force of law, unlike a budget resolution that is not signed by the President.
It set discretionary caps for 10 years, instead of the one year normally set in a budget resolution.
It provided enforcement mechanisms, including a two-year “deemer,” allowing budget points of order to be enforced.
And it addressed entitlement spending and revenues by creating the “Super Committee,” which was given explicit authority to reform entitlements and the tax code. The Super Committee process represented an enhanced version of the reconciliation process that can be established under a budget resolution. And it was further backed up with a $1.2 trillion sequester.

Republican rhetoric aside, Congress did pass a budget. The Republican-controlled House passed it; the Democratic Senate passed it; and the President signed it. The Budget Control Act set 10 years of spending caps; it established a two-year “deemer” to enforce spending levels; and it created a reconciliation-like process to consider entitlement and tax reform.

GOP Senators Agree: Senate Passed ‘Budget Agreement’ In August
Jan 24, ’12 12:53 PM
“While provisions to raise the debt limit and create a Congressional deficit reduction committee drew most of the attention in the legislation that allowed the government to narrowly avert a default,
House and Senate leaders also used the measure to establish federal spending limits for the next two years.”
–New York Times, 8/28/11

The Budget Control Act, passed by the Senate in August, set the federal budget for fiscal years 2012 and 2013 – a fact acknowledged in recent months by leading Senate Republicans:

Sen. Collins Called the Budget Control Act a “Budget Agreement” and a “Budget Plan.” “The budget agreement also requires a vote on a balanced budget Constitutional amendment by the end of the year…While I supported the budget plan recently passed by Congress, I did so with serious reservations.” (Collins Column, 8/5/11)

Sen. Grassley Called the Budget Control Act a “Budget Agreement.” “We should be doing those things not only in this budget agreement, this deficit reduction agreement, but in all the decisions we make in the Congress.” (Congressional Record, 8/1/11)

Sen. Alexander Called the Budget Control Act a “Budget Agreement.” “The budget agreement we came to in August pretty well got 40 percent of the budget under control, the part we call discretionary spending – everything from national defense to national parks. It’s only growing at about the rate of inflation over the next 10 years.” (NPR, 9/22/11)

1 replies, 754 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 1 replies Author Time Post
Reply Senate: Fact Sheet Responding to Republican “No Budget” Claims (Original post)
Tx4obama Jan 2012 OP
DeathToTheOil Jan 2012 #1

Response to Tx4obama (Original post)

Tue Jan 24, 2012, 07:13 PM

1. K'd & R'd


More people ought to read this.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread