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Home :  Federal Budget & Tax : 
Federal Budget & Tax:      News     Blog     Background    



Wednesday, March 21, 2007

Watcher: March 20, 2007

Contracting Reform Bills Move in Congress
Congress is moving forward on bills to reform the federal contracting system, as the House approved a bill that improves contracting procedures, and the Senate introduced a comprehensive contract reform bill.

House Panel Passes $124 Billion Supplemental Bill
On March 19, the Bush administration said it would veto a supplemental appropriations bill being readied for a House vote on March 22.

Senate Committee Adopts $2.9 Billion Budget Resolution; Floor Action Ahead
On March 15, the Senate Budget Committee approved a $2.9 billion budget resolution for Fiscal Year 2008 on a 12-11 party-line vote.

PAYGO Questions Answered
Answering commonly asked questions on PAYGO.



Posted by Matt Lewis, 10:53:04 AM



Wednesday, March 07, 2007

Watcher: March 6, 2007

War Spending Keeps Climbing, Says CBO
A new round of defense and emergency appropriations will raise the total amount of money spent on the wars in Afghanistan and Iraq to nearly $750 billion by the end of FY 2008, according to a recent report by the Congressional Budget Office (CBO).

Congress Set to Consider Largest Supplemental Funding Request in History
Congress will soon begin work on the largest supplemental funding bill ever requested — $99.6 billion — to continue to fund the wars in Iraq and Afghanistan, along with other items.

Legislators Introduce Competing Entitlement Commission Proposals
Several lawmakers have introduced proposals to create "entitlement commissions" to address projected long-term fiscal challenges in Social Security and Medicare.

ECAP Campaign Takes Positive Budget Message to States
The Emergency Campaign for America's Priorities (ECAP) has been promoting its "First Things First" agenda for the FY 2008 budget with local events all over the country since February.







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