Register to Vote: Rock the Vote, powered by Credo Mobile

HOME

ABOUT US

OUR ISSUES

Information & Access

Nonprofit Advocacy

Regulatory Policy


PRESS ROOM

ACTION CENTER

PUBLICATIONS

THE WATCHER

OUR BLOGS


SIGN UP

Receive news, updates, and alerts!

DONATE

Help support our work


OTHER SITES

FedSpending.org

RTK NET

NPAction

Working Group on Community Right-to-Know

Citizens for Sensible Safeguards

Open the Government

OMB Watch Logo

Demanding a federal budget that is fair, responsible, and meets our nation's priorities

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



Wednesday, June 18, 2008

War Supp: What's Up with That?

Hoyer eyeing Thursday for House vote; GI Bill offset included

(Updated below)

By cancelling approps markups this week, House Majority Leader Steny Hoyer (D-MD) has cleared the deck for floor consideration of that chamber's latest revision of the war supplemental spending package. With the exception of additional funds for midwest region's recent flooding disaster (speculation is $2 billion-ish), the House bill is shaping up to look pretty much like the original sent to the Senate oh-so-long ago:

  • Fulfillment of the remaining war funding request for FY 2008 and part of FY 2009
  • 13 weeks of extended unemployment insurance benefits, with an another 13 weeks for those living in "high-unemployment" states (for a total of 26 weeks).
  • $52 billion expansion of the G.I. bill
  • A smattering of other domestic spending

Although House Blue Dogs talked Democratic leadership into including a tax provision to offset a $52 billion expansion of the G.I. bill, "Democratic aids" say that if the Senate ultimately strips the bill of the revenue raiser, they won't stand in the way of final passage in the House. Observers will recall that the first war supp included such an offset, and that the Senate voted on and rejected said offset. Baffling to me, then, is why the insistence on repeating the process only to announce that support for the offset in the House will totally collapse upon Senate rejection.

UPDATE: House Democratic leadership have announced they have reached a compromise with the White House.

The bill will include
  • Fulfillment of the remaining war funding request for FY 2008 and part of FY 2009
  • 13 weeks of extended unemployment insurance benefits for all states: There will be not additional 13 week extension for high-unemployment states.
  • $52 billion expansion of the G.I. bill that will not be offset with a 0.5% millionaire surtax
  • $2.65 billion for midwest flood relief
  • Postponement of six new Medicaid regulations implemented by the Bush Administration (postponement of the a seventh regulation passed the House independently in April)


Posted by Craig Jennings



Entries by Theme

All Themes

Appropriations & Spending

Federal Tax Policy

Income/Wealth Inequality

Budget Projections

Government Performance

Estate Tax

State Fiscal Policy

Watcher

Entitlements

Budget Process

Debt & Deficit

Oversight & Enforcement

Transparency

Privatization

Contact Us

Most Recent Entries for Federal Budget & Tax

CBO Projects Largest Deficit in History

The Cost of TARP, Dollars and Opportunity

House Approves, Bush Signs Bailout Bill

Timely CTJ Report Pushes for Reagan Tax Proposal

FedSpending.org Will Blow Your Mind

Senate Approves Bailout; Cost "Impossible" to Predict

Interesting Perspectives on the Bailout

Senate Attempts to Sweeten Bailout Bill

Under the Radar: Congress Finishes FY 2009 Approps

Next Move After House Fails to Pass Wall Street Bailout Uncertain

Archived Entries for Federal Tax Policy

October

September

August

July

June

May

April

March

February

January

December, 2007

November, 2007

October, 2007

September, 2007

August, 2007

July, 2007

June, 2007

May, 2007

April, 2007

March, 2007

February, 2007

January, 2007

December, 2006

November, 2006

October, 2006

September, 2006

August, 2006

July, 2006

June, 2006

May, 2006

April, 2006

March, 2006

February, 2006

January, 2006

December, 2005

November, 2005

October, 2005

September, 2005

August, 2005

July, 2005

June, 2005

May, 2005

April, 2005

March, 2005

February, 2005

January, 2005

December, 2004

November, 2004

October, 2004

September, 2004

August, 2004

June, 2004

January, 2004

December, 2003

November, 2003

September, 2003

August, 2003

July, 2003