The House approved legislation on Wednesday that would give the Obama
administration 30 days to provide details on how it will deal with a
required $109 billion cut to 2013 spending, which the administration
must impose under last year's debt-ceiling agreement.
The bill enjoyed broad support from both parties and passed easily in a 414-2 vote. The two "no" votes came from Democratic Reps. Eliot Engel (N.Y.) and Maurice Hinchey (N.Y.).
Under the sequester, the Office of Management and Budget must by Jan. 2 cut $109 billion from 2013 mandatory and discretionary spending accounts unless Congress provides a different plan.
The language is similar to language that the Senate approved in June as an amendment to the farm bill. That language calls on the Defense Department to report on the impact of defense sequestration by August 15.
The Senate language also calls on OMB to report in 30 days on the impact of sequestration, and President Obama to release a report on the impact of all sequestration across defense and non-defense spending.
Republicans have complained that the Obama administration has yet to indicate how it would make these cuts, which were required after the so-called "supercommittee" failed to reach an agreement on deficit reduction.
Read more: http://thehill.com/blogs/floor-action/house/238713-house-passes-bill-demanding-sequester-details-from-obama
The bill enjoyed broad support from both parties and passed easily in a 414-2 vote. The two "no" votes came from Democratic Reps. Eliot Engel (N.Y.) and Maurice Hinchey (N.Y.).
Under the sequester, the Office of Management and Budget must by Jan. 2 cut $109 billion from 2013 mandatory and discretionary spending accounts unless Congress provides a different plan.
The language is similar to language that the Senate approved in June as an amendment to the farm bill. That language calls on the Defense Department to report on the impact of defense sequestration by August 15.
The Senate language also calls on OMB to report in 30 days on the impact of sequestration, and President Obama to release a report on the impact of all sequestration across defense and non-defense spending.
Republicans have complained that the Obama administration has yet to indicate how it would make these cuts, which were required after the so-called "supercommittee" failed to reach an agreement on deficit reduction.
Read more: http://thehill.com/blogs/floor-action/house/238713-house-passes-bill-demanding-sequester-details-from-obama
1 comment:
your all fools: the rich just say look over there and get mad at them while they
look in your wallet and take your last $20
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