The Ottumwa Courier

AP National

September 24, 2013

GOP offers smaller budget cuts on debt measure

WASHINGTON (AP) — House Republicans are far less ambitious this week in their demands for spending cuts to erase new debt issued to pay the government's bills than they were during a budget battle two years ago.

The list of cuts under consideration now tallies up to a fraction of the almost $1 trillion in additional borrowing that would be permitted under a GOP proposal for enabling the government to pay its bills through December of next year.

Two years ago, House Speaker John Boehner, R-Ohio, insisted on spending cuts totaling $2.1 trillion over a decade as the price to meet President Barack Obama's demand for a like-sized increase in the government's borrowing cap, also known as the debt ceiling.

Those cuts involved tighter "caps" on agency operating budgets as well as the automatic, across-the-board cuts known as sequestration triggered by the failure of a deficit "supercommittee" to reach a deal.

The problem now is that there isn't a roster of big, politically palatable cuts ready to go. Instead, Republicans have put together a grab bag of smaller savings ideas, like higher pension contributions for federal workers, higher premiums for upper-income Medicare beneficiaries, caps on medical malpractice verdicts and reduced payments to hospitals that treat more poor people than average.

A leading set of proposals comes from a House GOP leadership office and was circulating on Washington's K Street lobbying corridor on Monday. It includes a plan to increase pension contributions of federal civilian workers by up to 5 percentage points and lowering the federal match accordingly, which could help defray the deficit by up to $84 billion over a decade. Another, to block immigrants in the country illegally from claiming the child tax credit would save just $7 billion over the same period. Eliminating the Social Services Block Grant, a flexible funding stream for states to help with day care, Meals on Wheels, and drug treatment facilities, would save less than $2 billion a year.

Text Only
AP National
  • With Israel at war, US lawmakers give full support WASHINGTON (AP) — As the war in Gaza escalates, U.S. lawmakers are pressing the Obama administration to take no action that puts pressure on Israel to halt its military campaign against Hamas. Many even have criticized the administration's effort to

    July 29, 2014

  • Abuse suspect dead; two marshals, NY policeman hurt NEW YORK (AP) — A California man who skipped town after being accused of molesting a boy was killed and three law enforcement officers trying to arrest him were wounded in a daytime shootout inside a small smoke shop in one of New York's most bustlin

    July 29, 2014

  • Study: 35 percent in US facing debt collectors WASHINGTON (AP) — More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute. These consumers fall behind on credit cards or hospital bill

    July 29, 2014

  • Despite good news, benefit programs face problems WASHINGTON (AP) — Despite some good news, Medicare and Social Security still face long-term financial problems as millions of baby boomers reach retirement. Social Security's disability program is already in crisis as it edges toward the brink of ins

    July 29, 2014

  • 10 Things to Know for Today Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. ISRAEL-HAMAS WAR ENTERS FOURTH WEEK — DURATION, DEATHS MATCH FIRST CONFLICT Heaviest bombardment in Gaza yet as Israeli aircraft, tanks and nav

    July 29, 2014

  • NYC uses food trucks to bring summer meals to kids NEW YORK (AP) — Within minutes, the line at the food truck parked on a busy Queens thoroughfare extended several people deep. Hipster foodies looking to sample vegan pizzas or fusion tacos? Nope, these were children, agonizing over whether to pick th

    July 29, 2014

  • Avoiding plane crashes as air traffic doubles NEW YORK (AP) — More travelers are flying than ever before, creating a daunting challenge for airlines: keep passengers safe in an ever more crowded airspace. Each day, 8.3 million people around the globe — roughly the population of New York City — s

    July 29, 2014

  • Analysis: Clinton impeachment shadows GOP lawsuit WASHINGTON (AP) — The last time Republicans unleashed impeachment proceedings against a Democratic president, they lost five House seats in an election they seemed primed to win handily. Memories of Bill Clinton and the campaign of 1998 may help expl

    July 28, 2014

  • After six weeks, finally a deal on VA health care WASHINGTON (AP) — A bipartisan deal to improve veterans health care would authorize at least $15 billion in emergency spending to fix a veterans health program scandalized by long patient wait times and falsified records covering up delays. Congressi

    July 28, 2014

  • US: Russia has fired rockets into Ukraine WASHINGTON (AP) — Stepping up pressure on Moscow, the U.S. on Sunday released satellite images it says show that rockets have been fired from Russia into neighboring eastern Ukraine and that heavy artillery for separatists has crossed the border. The

    July 28, 2014

Obituaries
Record
Facebook
AP National