News / USA

US Congressional Negotiators Announce 2-Year Budget Deal

Senate Budget Committee chair Senator Patty Murray (R) and House Budget Committee chair Representative Paul Ryan announce the budget deal at a news conference at the U.S. Capitol in Washington, Dec. 10, 2013.
Senate Budget Committee chair Senator Patty Murray (R) and House Budget Committee chair Representative Paul Ryan announce the budget deal at a news conference at the U.S. Capitol in Washington, Dec. 10, 2013.
Michael Bowman
— A group of U.S. lawmakers has forged a bipartisan agreement on federal spending levels for a two-year period that will prevent another government shutdown if it becomes law. The accord lessens austerity budget cuts but does not solve America’s long term fiscal imbalances.
 
The deal announced late Tuesday constitutes a compromise between the starkly different budgetary visions of the Republican-led House of Representatives and the Democratic-controlled Senate. House Budget Committee Chairman Paul Ryan hailed the accord at a Capitol Hill news conference.
 
“This agreement makes sure that we do not have a government shutdown scenario in January. It makes sure that we do not lurch from crisis to crisis,” said Ryan.
 
The accord would boost 2014 and 2015 federal spending above austerity levels set under current law, shielding many domestic and military programs from further automatic budget cuts, known as sequestration, that would have taken effect absent a deal. The added spending was a key goal of Senate Budget Committee Chairwoman Patty Murray.
 
“Our deal puts jobs and economic growth first by rolling back sequestration’s harmful cuts to education and medical research and infrastructure investments and defense jobs for the next two years,” said Murray.
 
The agreement more than compensates for higher spending with a mix of added revenue and budget savings, including making federal employees pay more for their retirement programs. The end result, according to Republican Paul Ryan, is even greater deficit reduction that would be achieved under sequestration alone.
 
“This bill reduces the deficit by $23 billion. And it does not raise taxes. And it cuts spending in a smarter way,” said Ryan.
 
The deal does not address a key Democratic demand for an extension of soon-to-expire benefits for the unemployed. Nor does it address Republican calls for reforms to costly programs that provide income and health care for retirees. But it does accomplish something else, according to Democrat Patty Murray.
 
“This deal does not solve all of our problems. But I think it is an important step in helping to heal some of the wounds here in Congress. To rebuild some trust, and show that we can do something without a crisis right around the corner,” said Murray.
 
The White House issued a statement from President Barack Obama calling the accord “a good first step” to addressing America’s fiscal challenges.
 
If enacted, the accord would give Washington a two-year reprieve from the partisan budget wars that have consumed Congress in recent years. A House vote is expected by week’s end, with a Senate vote to follow.

You May Like

Video On the Scene: In Gaza, Darkness Brings Dread and Death

Palestinians fear nighttime raids, many feel abandoned by outside world, VOA's Scott Bobb reports More

African Small Farmers Could Be Key to Ending Food Insecurity

Experts say providing access to microloans, crop insurance, better storage facilities, irrigation, road systems and market information could enable greater production More

University of Michigan Wins Solar Car Race

Squad guided its student-designed solar-powered vehicle to fifth consecutive time victory in eight-day bi-annual American Solar Challenge More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Gazans in Shelled School Sought Shelteri
X
Scott Bobb
July 30, 2014 8:16 PM
Israel's air and ground assault against Hamas-led fighters in Gaza has forced many Palestinians to flee their homes, seeking safety. But safe places are hard to find, as VOA’s Scott Bobb reports from Jabaliya.
Video

Video Gazans in Shelled School Sought Shelter

Israel's air and ground assault against Hamas-led fighters in Gaza has forced many Palestinians to flee their homes, seeking safety. But safe places are hard to find, as VOA’s Scott Bobb reports from Jabaliya.
Video

Video Rapid Spread of Ebola in West Africa Prompts Global Alert

Across West Africa, health officials are struggling to keep up with what the World Health Organization describes as the worst ebola outbreak on record. The virus has killed hundreds of people this year. U.S. President Barack Obama and other world leaders are watching the developments closely as they weigh what actions, if any, are needed to help contain the disease.
Video

Video Michelle Obama: Young Africans Need to Embrace Women's Rights

U.S. first lady Michelle Obama urged some of Africa's best and brightest to advocate for women's rights in their home countries. As VOA's Pam Dockins explains, Obama spoke to some 500 participants of the Young African Leaders Initiative, a six-week U.S.-based training and development program.
Video

Video Immigrant Influx on Texas Border Heats Up Political Debate

Immigrants from Central America continue to cross the U.S.-Mexico border in south Texas, seeking asylum in the United States, as officials grapple with ways to deal with the problem and provide shelter for thousands of minors among the illegal border crossers. As VOA's Greg Flakus reports from Houston, the issue is complicated by internal U.S. politics and U.S. relations with the troubled nations that immigrants are fleeing.
Video

Video Study: Latino Students Most Segregated in California

Even though legal school segregation ended in the United States 60 years ago, one study finds segregation still occurs in the U.S. based on income and race. The University of California Los Angeles Civil Rights Project finds that students in California are more segregated by race than ever before, especially Latinos. Elizabeth Lee reports for VOA from Los Angeles.
Video

Video Vietnamese Staging Chinese Product Boycott After Oil Rig Spat

China recently pulled an oil rig from an area of the disputed South China Sea that Vietnam also claims. Despite the action, the incident has had a lingering effect on consumers in Vietnam. VOA's Reasey Poch reports from Hanoi on an effort to boycott Chinese products.
Video

Video A Summer Camp for All the World

VIDEO: During workshops and social gatherings, the Global Youth Village summer camp encourages young people to cooperate and embrace their differences, while learning to communicate with people from other countries. VOA's Deborah Block has more.
Video

Video From Cantankerous Warlock to Incorruptible Priest, 'Harry Potter' Actor Embraces Diverse Roles

He’s perhaps best known as Mad Eye Moody, the whimsical wizard in the Harry Potter franchise. But character actor Brendan Gleeson's resume includes dozens of films, and he embraces all the characters he inhabits with equal passion. In an interview with VOA’s Penelope Poulou, Gleeson discussed his new drama "Calvary" and his secret to success.

AppleAndroid