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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEzra Klein: Here’s what’s in Paul Ryan and Patty Murray’s mini-budget deal
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/12/10/heres-whats-in-paul-ryan-and-patty-murrays-mini-budget-deal/1. The total deal is $85 billion. About $45 billion of that replaces sequestration cuts in 2014. About $20 billion replaces sequestration cuts in 2015. About $20 billion is deficit reduction atop sequestration.
2. The sequestration relief is evenly divided between defense spending and non-defense discretionary spending. The sequester's cuts to mandatory spending are unaffected.
(snip)
7. The deal denies both Republicans and Democrats what they want most. Republicans didn't get any changes to Medicare and Social Security -- much less any structural ones. Democrats didn't get any new taxes.
(snip)
11. Whether this deal can be a model for future deals is an open question. The core principle of this deal is that Democrats didn't have to touch entitlements and Republicans didn't have to touch taxes. But a lot of the policies that made that possible got used up in this deal. it's not clear that another deal like this would work in 2016.
Murray and Ryan Announce Bipartisan Budget-Conference Agreement
http://www.budget.senate.gov/democratic/index.cfm/pressreleases---statements?ContentRecord_id=b758e13b-3fcd-4b4d-83fe-95298aca92c7&ContentType_id=40fa0d81-5955-4941-88e6-75ce8cfd67b4&98533c0c-fb7f-4c08-9a85-cdcbef5fc6c8&Group_id=2ae1491e-2251-4893-9fae-fdfc42eda2f3
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Ezra Klein: Here’s what’s in Paul Ryan and Patty Murray’s mini-budget deal (Original Post)
cal04
Dec 2013
OP
spanone
(135,855 posts)1. cue mr cruz.
neverforget
(9,436 posts)2. How sweet! The Defense Dept gets more money while the unemployed get fucked
yet again.
6. The deal doesn't include any extension of unemployment insurance -- and no such extension is forthcoming. During the negotiations, Republicans proved hostile even to limited extensions in unemployment insurance. Right now, the House is expected to vote on Friday to pass the budget deal and delay the SGR's cuts to Medicare's doctor pay. They're expected to let unemployment benefits for 1.3 million long-term unemployed expire.