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Budget deal may end cycle of crisis

Gowdy, R-South Carolina, will deliver a speech inside Wednesday’s House GOP conference urging members to vote for Ryan.

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But Boehner encountered immediate resistance when he laid out the plan Monday night. We have an opportunity to bring about real reform and fundamentally change the broken system in place on Capitol Hill.

The plan will increase spending by $80 billion in areas such as domestic and military matters. “It also takes us out of the political spectacle that we’ll be in next year with the presidential election”. “That’s good news for everybody”.

I am pretty happy about that because it reflects our values, growing the economy and the middle-class by investing in things like education and job training that are needed and it keeps us safe by investing in our national security.

And in Congress, Rep. Mark Meadows (R-North Carolina), a member of the influential conservative House Freedom Caucus, said Tuesday that all candidates to replace Boehner as speaker should disavow the deal. By 28, he was a member of the House.

The powerful Heritage Foundation and Club for Growth put out a joint statement saying it “represents the very worst of Washington – a last minute deal that increases spending and debt under the auspices of fiscal responsibility”.

When he announced his resignation, Boehner had said that he hoped to “clean out the barn” before he left office so his successor (whom we now know to be Paul Ryan) won’t be immediately faced with a series of hostage crises in which he has to choose between shutdown/debt limit brinksmanship preferred by the Republican far right or having to give up his most powerful bargaining chips just to avoid those crises – and risk a palace coup for doing so.

A spokesman for Mr. Ryan said the 2013 deal was different because it was negotiated by two committee chairmen, ” rather than leadership overtaking the process”.

By establishing spending levels for the next two years, the deal removes the possibility of a shutdown engineered by conservative legislators who were threatening to refuse to approve a new budget unless they got concessions. That would save $3 billion over 10 years.

The White House welcomed the agreement, with Vice President Joe Biden calling it “a good deal”.

The focus is on setting a new overall spending limit for agencies whose operating budgets are set by Congress each year.

Talks progressed well enough that it was determined there was no need for the president to meet face-to-face with congressional leaders.

“Fiscal negotiations are ongoing”, said Majority Leader Mitch McConnell (R-Ky.) as he opened the Senate. And it would permit about $16 billion to be added on top of that in 2016, classified as war funding, with a comparable boost in 2017. If Ryan fails to take a stand in support of the deal, his speakership will be compromised before it begins. We’ve pulled back from the brink at until after the 2016 elections.

As well, Social Security’s disability trust fund is projected to run out of money in late 2016. Republicans got changes to the program but agreed to allow the adjustment, temporarily increasing the contribution from 1.8 percent to 2.37 percent of wages. “We have extended the solvency of Social Security Disability Insurance and protected millions of seniors from a significant increase in their Medicare Part B premiums and deductibles next year”. “Why is the debt limit an occasion for increased spending now?” Higher-income recipients would pay even larger amounts, which will be graduated upward depending on their income bracket. The House, where Republicans are in the majority, is in turmoil. It’s also one that probably won’t be repeated, he said. “If we didn’t reach a bipartisan budget agreement, we would have been forced to accept another “clean” debt ceiling increase”. “I want to see what it looks like on paper”. Rep. Paul Ryan’s first test as speaker will be to usher those appropriations through without his members throwing in too many poisonous riders.

“It’s an irony”, Aberbach said, referring to the Pelosi-Ryan dynamic.

How big of a fan, you ask? “There’s a question that didn’t get answered”.

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“I personally think the Ex-Im Bank has outlived its usefulness and ought to go away”. John Boehner has been exhausting all the capital he accrued within his conference, over a few 20 years of service, from the day he assumed the gavel. But centrist Republicans and Democrats appeared largely united in support, leaving leaders of both parties confident that the bill will pass.

Boehner Offers Praise For Bipartisan Budget Agreement