When Congress created the deficit supercommittee they attached a trigger to it that would automatically enact large cuts in defense spending if they failed to vote out a proposal. The idea was that nobody in Congress wants to make major cuts to defense so the threat would compel the supercommittee to accomplish the kind of deficit-reduction compromise that the full House and Senate were unable to achieve. More than halfway through the supercommittee's tenure, however, the only progress being made involves finding a way out of the trigger.Read Full Article Comments (7)
The deficit reduction supercommittee that was created by the debt ceiling bill is going to have an extraordinary amount of power. All areas of federal spending and revenues will be on the table when they meet, and whatever proposal they come up with will be guaranteed a vote in both chambers of Congress with no amendments and no filibusters allowed. Now that the 12 supercommittee members have been named, here's a look at some of their key votes on budget, spending and tax legislation over the past few years, as well as some information on their party loyalty.Read Full Article Comments (8)
Republicans took over the House on promises to cut pork spending and eliminate earmarks. But according to Donna Casatta at the Associated Press, some of the Republican House freshmen whose elections were premised on these promises are now pushing additions to the Defense Authorization bill that are designed to direct federal funds to corporations and defense interests in their districts. "The additions look suspiciously like the pet projects that Republicans prohibited when they took over the House and that the new class of lawmakers, many with tea party backing, swore off in a promise to change Washington's spending habits," writes Casatta.Read Full Article Comments (12)
The Washington Post had an important article yesterday reminding us how hard it is for Congress to think independently about spending cuts when it affects politically-active corporations:
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The panel’s subcommittees last week voted to prohibit a proposed increase in fees paid by retired service personnel for Tricare, the military’s health program; set the stage for possible recompetition of the controversial engine for the Air Force F-35 Joint Strike Fighter; and required studies before the Marine Corps can go ahead with a new proposed amphibious landing craft to replace the multibillion-dollar Expeditionary Fighting Vehicle (EFV).
The subcommittees have also added funds to programs that the Pentagon did not seek. For example, $425 million has been added to the proposed budget to keep production lines open for the Bradley Fighting Vehicle and the Abrams M1 tank. The Pentagon had proposed shutting down those lines for three years to save money.