|
Thursday, September 08, 2005
Reconciliation To Be Delayed
Democrats have been pushing for leaders of the House and Senate budget committees to suspend or substantively change prior plans for the budget reconciliation process. While it is not clear whether this will happen, it is certain that the budget reconciliation deadline will at least be delayed, although for an indeterminate amount of time. Under the budget resolution passed in April, the reconciliation process would have resulted in:
Taking $35 billion from expected mandatory spending over five years;
Enacting $70 billion in tax cuts over five years; and
Raising the federal government's debt ceiling by $781 billion.
The deadlines which had been set for the actions mentioned above were September 16, September 23, and September 30, respectively.
Now it appears those deadlines will be extended for at least a few weeks, although the House and Senate Budget Committee Chairman Jim Nussle (R-IA) and Judd Gregg (R-NH) seem eager to not postpone reconciliation indefinitely.
Nussle stated, "We should not be distracted by this or anything else to continue our efforts to reform government. That's what reconciliation is about, it's about reforming government." Gregg chimed in with similar sentiments, calling the idea of indefinite suspension of reconciliation "blatant politics," and noting, "The view is we're still going to execute this reconciliation package in a timely manner." Democrats in the Senate and House are continuing to argue that the ultimate goals of reconciliation process would conflict with the needs of the victims of Hurricane Katrina, and should thus be suspended or drastically reconsidered.
Posted by Becky Lewis
|