Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

brooklynite

(93,844 posts)
Tue Oct 27, 2015, 07:07 AM Oct 2015

Congress, White House strike tentative two-year budget deal

Source: CBS News

Congressional leaders and the White House have reached a tentative agreement that would lift the debt ceiling through March 2017 and increase spending caps for the next two fiscal years, according to sources familiar with the negotiations.

...snip...

The deal would lift spending levels, imposed by a 2011 fiscal deal, for both the Pentagon and domestic programs equally for the next two fiscal years. For the rest of the current fiscal year, the deal would boost spending by $50 billion and increase spending for the year after by $30 billion, sources said.

The agreement would also address an issue with Medicare Part B by protecting millions of seniors from significant increases to their deductibles and premiums.

And for the debt ceiling, the deal raises it through March 2017 with no strings attached. Lawmakers have until Nov. 3 -- next Tuesday -- to handle it or risk a default.

Read more: http://www.cbsnews.com/news/congress-white-house-strike-two-year-budget-deal/



Apparently, Boehner is going to take the heat before Ryan settle's into the Speaker's Chair.
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Congress, White House strike tentative two-year budget deal (Original Post) brooklynite Oct 2015 OP
Don't see the cuts to Medicare that Obama was bashed for yesterday. Hoyt Oct 2015 #1
Missed that part as well rpannier Oct 2015 #2
Here it is Omaha Steve Oct 2015 #3

rpannier

(24,304 posts)
2. Missed that part as well
Tue Oct 27, 2015, 07:50 AM
Oct 2015

I'm sure it's there
Couldn't be that people jumped to conclusions

on note: I'm okay with people taking precautions against some of the BS the government at all levels try to pull. But it seems when an (1) article comes out with a claim, it automatically becomes gospel with some people (provided it fits their narrative).
I would not suggest that people sit on their hands and wait for something horrible. But, it would be nice to go looking in a few locations for info before redying the pitchforks and torches

Omaha Steve

(99,061 posts)
3. Here it is
Tue Oct 27, 2015, 07:52 AM
Oct 2015

http://www.nytimes.com/2015/10/27/us/politics/congress-and-white-house-near-deal-on-budget.html

Aides said the Social Security Disability Insurance program would be amended, in part to tighten and standardize eligibility requirements that now vary by state. That change was projected to save the government $5 billion. In addition, the accord will call for eliminating a provision of the Affordable Care Act, not yet in force, that would require businesses with more than 200 employees to automatically enroll their workers for health insurance.
Latest Discussions»Latest Breaking News»Congress, White House str...