Home / Civilian / Report: Bipartisan Congressional Budget Panel Starts Talks

Report: Bipartisan Congressional Budget Panel Starts Talks

Capitol_BuildingCongress’ bicameral budget committee could seek to reform entitlement programs as part of efforts to replace the fiscal year 2014 sequestration cuts before they take effect, NBC News reported Wednesday.

Tom Curry writes the conference committee held its first public meeting at the Capitol Wednesday and has until Dec. 13 to formulate a long-term budget plan for consideration by both chambers.

Senate Budget Committee Chairman Patty Murray (D-Wash.) and House Budget Committee Chairman Paul Ryan (R-Wis.) will lead that committee.

Curry writes some of the entitlement reforms included in President Barack Obama’s budget blueprint for fiscal 2014 will require higher-income members to pay increased premiums for Medicare.

The next round of spending cuts mandated by the 2011 Budget Control Act is scheduled to go into effect on Jan. 15 and the Congressional Budget Office estimates the fiscal 2014 sequester cuts could equal nearly 4 percent of total discretionary spending, NBC reports.

Check Also

NBIB Continues Background Investigations Amid Government Shutdown

The National Background Investigations Bureau is still running despite the partial government shutdown's effects on the Office of Personnel Management, Nextgov reported Wednesday. The bureau continues to run on funds that customer agencies pay for investigation work. The NBIB has managed to cut a backlog of 725,000 investigations down to 600,000 between April and the end of 2018.

Leave a Reply

Your email address will not be published. Required fields are marked *