The Washington Independent

Posts Tagged paygo

Bernanke to Congress: Address the Debt

By | 10.05.10 | 2:26 pm

Yesterday, Federal Reserve Chairman Ben Bernanke gave a speech to the Rhode Island Public Expenditure Council. He argued that the United States is on an unsustainable fiscal course, and that while he does not advise cutting spending in the next two years, after 2012 Congress needs to get serious More…

Jobs Bill Officially Stalls Out in the Senate

By | 06.16.10 | 2:59 pm

Yesterday evening, Sen. Harry Reid (D-Nev.) withdrew his filing for cloture on the jobs bill, also known as the tax extenders bill or H.R. 4213, currently in the Senate. Instead, today, the Senate voted on whether to waive paygo rules on the $140 billion provision that would keep up More…

An Empty Claim to Fiscal Responsibility

By | 11.18.09 | 3:46 pm

The House is expected tomorrow to take up a $210 billion proposal to scrap the flawed formula that dictates Medicare doctor payments, thereby averting a 21-percent pay cut slated for next year.

If the proposal sounds familiar, it’s because the Senate considered a nearly identical bill More…

Pelosi: Medicare Doc Fix Must Be Paid For

By | 10.15.09 | 3:08 pm

Yesterday, Senate Democratic leaders began moving on a proposal to scrap the current formula dictating doctors’ Medicare rates and replacing it with a system more accurately reflecting the costs to treat those patients. Notably, party leaders appear poised to pass the bill separately from broader health reform legislation More…