The people at Public Notice have a new, 30-second television ad excoriating the U.S. Senate on the third anniversary since the body last passed a budget. The ad, which will air on D.C.-area broadcasts and on national cable stations on Sunday, urges senators to "stop pointing fingers and start doing your job." Watch the ad below:
Senate Budget Committee chairman Kent Conrad (D-N.D.) indicated late Monday he was prepared to hold a markup on a budget proposal Wednesday afternoon. But at a press conference in the Capitol on Tuesday, Conrad said tomorrow would only be “the beginning of a markup” and that a vote on the budget likely won't happen until after the November election.
According to the Budget Control Act, the 12-member Joint Select Committee on Deficit Reduction, or the so-called supercommittee, must be formed within 14 days of the bill becoming law. Since President Obama just signed the law, Congress has until August 16, two weeks from today, to fill the slots. The next question Democrats and Republicans will need to answer is, which of their members will they select for the supercommittee?
Sen. Jeff Sessions (R-Ala.), ranking member of the Budget Committee, has just released a statement today that criticizes both Senate Democrats and President Obama for lacking leadership on producing a budget. Noting the Gang of Six plan's "serious flaws," Sessions says the president needs to show the public what his deficit reduction plan actually contains:
Senator Jeff Sessions (R-Ala.), the ranking member on the Budget Committee, spoke today on the Senate floor about his plan to raise points of order against all appropriations bills until the Senate passes a budget. Here's an excerpt of Sessions's remarks explaining the procedure:
Imagine the reaction if President Obama and congressional Democrats had released a sweeping health care bill, drafted in closed-door meetings, and demanded its approval by Congress immediately. There would have been national outrage over the secrecy, lack of time for public hearings, and the absence of discussion, revisions, amendments, and multiple votes.
Yesterday, Harry Reid cancelled a planned Senate recess for the week of July 4, which Republican senators such as Jeff Sessions and Marco Rubio had been pushing, since the government is rapidly approaching the debt ceiling deadline of August 2.
The International Monetary Fund (IMF) warned today that the United States is on dangerous economic ground if it does not reduce its budget deficit soon:
SAO PAULO (Reuters) - The International Monetary Fund cut its forecast for U.S. economic growth on Friday and warned Washington and debt-ridden European countries that they are "playing with fire" unless they take immediate steps to reduce their budget deficits....
Senator Jeff Sessions (R-Ala.), the ranking member of the Budget Committee, yesterday announced that he would be blocking a set of unanimous consent measures this week in protest of the Senate Democrats, who don't have a budget plan for the 2012 fiscal year.
Senate Budget Committee chairman Kent Conrad (D-N.D.) has again delayed the introduction and markup of a budget proposal, according to the Hill. Conrad says he will defer that part of the process until after the bipartisan talks led by Vice President Joe Biden conclude:
On CBS's Face the Nation yesterday, the number three Democrat in the Senate, Chuck Schumer of New York, and the ranking Republican on the Senate Budget Committee, Jeff Sessions of Alabama, debated the budget. But of particular interest is their discussion of Paul Ryan's budget plan, which was perhaps a preview of the forthcoming debate over entitlement and tax reform:
The Democratic leadership has said repeatedly that they reject the House GOP's one-week stopgap continuing resolution because of so-called "policy riders" that they say have nothing to do with funding the government and are only about furthering a conservative agenda. Republican senators Jeff Sessions of Alabama, the ranking member on Budget, and John Thune of South Dakota told reporters and bloggers on a conference call this afternoon that it's the Democratic Senate and White House holding up budget negotiations for political and ideological reasons.