President Barack Obama Message Board

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Politics : President Barack Obama

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To: ChinuSFO who wrote (140274)	12/10/2013 6:44:00 PM
From: tejek	Read Replies (1) of 149317

Ryan, Murray announce deal By Russell Berman, Erik Wasson and Mike Lillis Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.) announced a budget deal on Tuesday evening that would call for $1.012 trillion in federal spending in 2014 while replacing some sequestration cuts. The agreement falls far short of the grand budget bargain that Speaker John Boehner (R-Ohio) and President Obama once envisioned. But if passed, it will bring a measure of fiscal peace to the capital for the first time since Republicans wrested control of the House in 2010. The deal also replaces some of the automatic spending cuts from the sequester in 2014 and 2015. Those cuts would be offset by a combination of increased federal worker retirement contributions, an increase in aviation fees, cuts to hospital payments, and postal reforms. Read the story here.

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