federal budget

Business
6:46 am
Wed March 5, 2014

Obama's Budget: Magic Wand Or Club?

President Barack Obama delivers remarks on his 2015 budget plan Tuesday at Powell Elementary School in Washington.
Pool Getty Images

Originally published on Wed March 5, 2014 10:02 am

Think of the budget plan released Tuesday by President Obama as a magic wand. If he could wave it and make every line come true, how would the U.S. economy look?

Like this:

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The Two-Way
6:51 am
Tue January 14, 2014

Congress Poised To Pass $1.1 Trillion Spending Bill

Jonathan Ernst Reuters/Landov

Originally published on Tue January 14, 2014 7:24 am

The House is expected to vote Wednesday on a $1.1 trillion spending bill that would fund the federal government into October and bring to an end, for now at least, the bitter partisan battles that have led to one government shutdown and threatened to push the U.S. into defaulting on its bills.

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Governing
12:51 pm
Thu December 26, 2013

In 2013, Federal Workers Found New Reason To Be Unhappy

Cindy VanDerwerker, a maintenance worker at Saratoga National Historical Park, clears leaves from a walkway on Oct. 17 in Stillwater, N.Y.
Mike Groll AP

Originally published on Thu December 26, 2013 2:08 pm

Elizabeth Lytle is an administrative program assistant with the Environmental Protection Agency in Chicago — "a glorified name for a secretary," she says.

If Lytle isn't thrilled with her title, she's even less enamored of her job.

"The morale is just unbelievably low because we're never recognized," Lytle says. "Management doesn't seem to go to bat for us."

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Federal Budget
8:36 am
Fri December 13, 2013

Federal Budget Deal Backward Step For Oklahoma Conservation Districts

Credit USDA Natural Resources Conservation Service

Oklahoma conservation districts are expressing concern over federal fees for basic conservation assistance for farmers and ranchers that are being proposed in the federal budget agreement.

Kim Farber, president of the Oklahoma Association of Conservation Districts, says the proposal amounts to a step backward in the effort to protect natural resources.

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The Two-Way
7:53 am
Thu December 12, 2013

It's 'Not Great,' But Budget Deal Is Expected To Pass In The House

Jonathan Ernst Reuters/Landov

Originally published on Thu December 12, 2013 5:44 pm

The House is expected to vote Thursday on the bipartisan deal that would set spending levels for the next two years, replace many of the indiscriminate "sequester" budget cuts and, in theory at least, take off the table one of the most partisan of the many partisan issues that have contributed to the gridlock in Washington.

NPR's Tamara Keith tells our Newscast desk that passage is expected but not certain. She adds that:

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Federal Budget
8:44 am
Wed December 11, 2013

Sen. Coburn Calls Budget Deal "Patch Work"

Sen. Tom Coburn (R-Okla.) greeting President Barack Obama.
Credit Tom Coburn / Facebook

A leading congressional deficit hawk says a bipartisan budget agreement hammered out on Capitol Hill is mostly a patch-work approach that fails to address wasteful spending that is contributing to a ballooning federal debt.

Republican Sen. Tom Coburn of Oklahoma says the accord announced by GOP Rep. Paul Ryan of Wisconsin and Democratic Sen. Patty Murray of Washington state likely was the best that could be achieved, but says he can't support it.

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The Two-Way
6:09 am
Wed December 11, 2013

'Something For Everyone To Dislike' In Budget Deal

Senate Budget Committee Chairman Patty Murray, D-Wash., and House Budget Committee Chairman Paul Ryan, R-Wis., crafted the budget deal.
T.J. Kirkpatrick Getty Images

Originally published on Wed December 11, 2013 3:37 pm

  • On 'Morning Edition': NPR's Tamara Keith reports on the budget deal
  • On 'Morning Edition': Sen. Patty Murray speaks with Steve Inskeep

The reviews are coming in for the bipartisan budget deal crafted by Republican Rep. Paul Ryan and Democratic Sen. Patty Murray and as the Los Angeles Times says, the package seems to have "something for everyone to dislike."

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The Two-Way
7:32 am
Fri October 18, 2013

Can GOP, Democrats Come Together On A Budget By Dec. 13?

Members of the bipartisan budget conference (from left): Sen. Jeff Sessions, Rep. Paul Ryan, Sen. Patty Murray and Rep. Chris Van Hollen. Can they reach a deal by Dec. 13?
Win McNamee Getty Images

Originally published on Fri October 18, 2013 10:46 am

Now that the government has reopened, attention turns to the next phase of the spending fight, a battle that is far from over.

The bill that President Obama signed early Thursday provides only a temporary respite to the partisan tussles that have perennially plagued the budget process. The government stays open through Jan. 15 and the federal borrowing authority is safe until Feb. 7. After that, all bets are off.

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The Two-Way
10:54 am
Thu October 17, 2013

As It Happened: The Fight Over The Debt Ceiling, Shutdown

Senate Minority Leader Sen. Mitch McConnell, R-Ky., walks to the Senate floor after agreeing to the framework of a deal to avoid default and reopen the government, on Capitol Hill on Wednesday.
Carolyn Kaster AP

Originally published on Wed October 16, 2013 9:23 pm

Update at 10:18 p.m.: House Approves Bill:

The crisis is over. With about two hours before the country reached the debt ceiling, the House has approved the bill and it is now it's way to the White House. We've posted separately on that development and we are putting this live blog to bed.

Our Original Post Continues:

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Planet Money
7:44 am
Wed October 16, 2013

When Will The Government Run Out Of Money?

Quoctrung Bui

Originally published on Wed October 16, 2013 11:19 am

In the course of any given month, the government collects billions of dollars in taxes, spends billions more, and borrows money to cover the difference between what it collects and what it spends.

If Congress doesn't raise the debt ceiling soon, the government won't be able to borrow money to cover the difference anymore and won't be able to pay all of its bills.

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