Tag Archives: Congressional Budget Office

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Changes in the Distributi​on of Workers’ Hourly Wages Between 1979 and 2009


http://www.cbo.gov/ 

This Congressional Budget Office (CBO) study, which was prepared at the request of the chairman and former ranking member of the Senate Committee on Finance, documents changes in the level and distribution of hourly wages received by workers in the United States between 1979 and 2009. It also reviews the leading explanations for changes in the supply of, and demand for, workers with different sets of skills as well as the role of labor market institutions in affecting wages. In keeping with CBO’s mandate to provide objective, impartial analysis, this study does not make any recommendations. A related CBO study published in October 2009 analyzed trends in the distribution of annual earnings (Changes in the Distribution of Workers’ Annual Earnings Between 1979 and 2007); a forthcoming CBO study will examine trends in the distribution of household income between 1979 and 2007.

http://www.cbo.gov/doc.cfm?index=12051

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what is going on in Congress … Republican led House … the Democratic led Senate -updates when needed


The Senate Convenes at 9:30amET January 26, 2011

Following any Leader remarks, there will be a period of morning business until 10:30am with senators permitted to speak therein for up to 10 minutes each, with the time equally divided and controlled between the two Leaders or their designees. The Republicans will control the first half and the Majority will control the final half.

At 10:30am, the Senate will proceed to the consideration of S.Res.14, a resolution honoring the victims and heroes of the shooting on January 8, 2011 in Tucson Arizona. There will be up to 3 ½ hours for debate equally divided and controlled between the two Leaders or their designees. Upon the use or yielding back of time the Senate will proceed to a vote on the adoption of the resolution, with no amendments or motions in order prior to the vote on adoption. If the resolution is adopted, by consent the preamble will be agreed to.

Upon disposition of the resolution, the Senate will resume morning business with senators permitted to speak for up to 10 minutes each.

Votes:

1: Adoption of S.Res.14, a resolution honoring the victims and heroes of the shooting on January 8, 2011 in Tucson, Arizona;

 Agreed to: 97-0

Unanimous Consent:

Passed H.R.366, a bill to provide for an additional temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958 (through May 31, 2011).

Adopted S.Res.26, a resolution recognizing the anniversary of the tragic earthquake in Haiti on January 12, 2010, honoring those who lost their lives in that earthquake, and expressing continued solidarity with the Haitian people

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 CURRENT HOUSE FLOOR PROCEEDINGS

LEGISLATIVE DAY OF JANUARY 26, 2011

112TH CONGRESS – FIRST SESSION

CURRENT HOUSE FLOOR PROCEEDINGS

LEGISLATIVE DAY OF JANUARY 26, 2011

112TH CONGRESS – FIRST SESSION

2:56 P.M. –

The House adjourned pursuant to S. Con. Res. 1. The next meeting is scheduled for 2:00 p.m. on February 8, 2011.

On motion to adjourn Agreed to by voice vote.

Ms. Chu moved that the House do now adjourn.

2:25 P.M. –

SPECIAL ORDER SPEECHES – The House has concluded all anticipated legislative business and has proceeded to Special Order speeches.

2:24 P.M. –

The House received a communication from Heath Shuler, Member of Congress. Mr. Shuler notified the House that he was taking a leave of absence from the Committee on Small Business until his tenure on the Committee on the Budget is completed. It was his understanding from Clause C of Rule 19 of the Democratice Caucus Rules that he would continue to accrue seniority during the leave of absence, at the same rate as if he had continued to serve on the Committee on Small Business. Accompanying this letter was a letter from the Democratic Leader verifying that his seniority on the Committee on Small Business will continue to accrue during his absence.

2:23 P.M. –

The House received a communication from the Honorable Ms. Lofgren, Zoe . Ms. Lofgren, Zoe submitted her resignation from the Committee on Ethics. The resignation was accepted without objection.

2:17 P.M. –

ONE MINUTE SPEECHES – The House proceeded further with one minute speeches.

2:16 P.M. –

JOINT ECONOMIC COMMITTEE – Pursuant to 15 U.S.C. 1024(a), and the order of the House of January 5, 2011, the Speaker appointed the following members of the House to the JOINT ECONOMIC COMMITTEE: Mr. Brady of TX, Mr. Burgess, Mr. Camp, Mr. Duffy, Mr. Amash and Mr. Mulvaney.

2:15 P.M. –

Pursuant to section 201(a)(2) of the Congressional Budget and Impoundment – Control Act of 1974 (2. U.S.C. 601), and the order of the House of January 5, 2011, the Speaker and President Pro Tempore of the Senate announced that they had jointly appointed Dr. Douglas W. Elmendorf as Director of the Congressional Budget Office for the term expiring January 3, 2015.

HOUSE DEMOCRACY PARTNERSHIP – Pursuant to section 4(a) of House Resolution 5, One Hundred Twelfth Congress, and the order of the House of January 5, 2011, the Speaker appointed the following members of the House to the HOUSE DEMOCRACY PARTNERSHIP: Mr. Dreier, Mr. Fortenberry, Mrs. Biggert, Mr. Conaway, Mr. Buchanan, Mr. Boustany, Mr. Wilson of SC, Mr. Roskam, Mr. Crenshaw and Mr. Diaz-Balart.

UNITED STATES GROUP OF THE NATO PARLIAMENTARY ASSEMBLY – Pursuant to 22 U.S.C. 1928a, Clause 10 of rule 1, and the order of the House of January 5, 2011, the Speaker appointed the following members of the House to the UNITED STATES GROUP OF THE NATO PARLIAMENTARY ASSEMBLY: Mr. Turner, Mr. Shimkus, Mr. Shuster, Mr. Miller of FL, Mrs. Emerson, Ms. Granger and Mr. Bilirakis.

BOARD OF REGENTS OF THE SMITHSONIAN INSTITUTION – Pursuant to sections 5580 and 5581 of the revised statutes (20 U.S.C 42-43), and the order of the House of January 5, 2011, the Speaker appointed the following members of the House to the BOARD OF REGENTS OF THE SMITHSONIAN INSTITUTION: Mr. Johnson Sam of TX and Mr. LaTourette.

2:14 P.M. –

PERMANENT SELECT COMMITTEE ON INTELELLIGENCE – Pursuant to clause 11 of rule X, clause 11 of rule I, and the order of the House of January 5, 2011, the Speaker appointed the following members of the House to the PERMANENT SELECT COMMITTEE ON INTELELLIGENCE: Mr. Ruppersberger, Mr. Thompson of CA, Ms. Schakowsky, Mr. Langevin, Mr. Schiff, Mr. Boren, Mr. Gutierrez and Mr. Chandler.

H. Res. 62:

electing Members to certain standing committees of the House of Representatives

Motion to reconsider laid on the table Agreed to without objection.

On agreeing to the resolution Agreed to without objection.

Considered as privileged matter.

H.R. 359:

to reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions

2:13 P.M. –

Motion to reconsider laid on the table Agreed to without objection.

On passage Passed by the Yeas and Nays: 239 – 160 (Roll no. 25).

2:05 P.M. –

On motion to recommit with instructions Failed by the Yeas and Nays: 173 – 228 (Roll no. 24).

1:49 P.M. –

The previous question on the motion to recommit with instructions was ordered without objection.

1:40 P.M. –

DEBATE – The House proceeded with ten minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the Committee on Ways and means to report the bill back to the House forthwith with an amendment which strikes all after the enacting clause and inserts in lieu thereof a complete new text.

1:36 P.M. –

Mr. Walz (MN) moved to recommit with instructions to Ways and Means.

Mr. Walz moves to recommit the bill H.R. 359 to the Committee on Ways and Means with instructions to report the same to the House forthwith with the following amendment: ¢

The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.

1:35 P.M. –

The previous question was ordered pursuant to the rule.

The House rose from the Committee of the Whole House on the state of the Union to report H.R. 359.

On agreeing to the Peters amendment Agreed to by recorded vote: 396 – 7 (Roll no. 23).

1:11 P.M. –

UNFINISHED BUSINESS – The Chair announced that the unfinished business was on the question of adoption of the Peters amendment which was debated earlier and on which further proceedings had been postponed.

1:08 P.M. –

Mr. Roskam raised a point of order against the Polis amendment Mr. Roskam stated that the provisions of the amendment violated clause 10, of rule XXI. The Chair sustained the point of order.

1:01 P.M. –

DEBATE – Pursuant to the provisions of H.Res. 54, the Committee of the Whole proceeded with debate on the Polis amendment in the nature of a substitute under the five-minute rule, pending reservation of a point of order.

Amendment in the nature of a substitute offered by Mr. Polis.

An amendment numbered 5 printed in the Congressional Record to insert an entirely new text.

1:00 P.M. –

By unanimous consent, the Moore amendment was withdrawn.

12:58 P.M. –

DEBATE – Pursuant to the provisions of H.Res. 54, the Committee of the Whole proceeded with debate on the Moore amendment under the five-minute rule, pending reservation of a point of order.

Amendment in the nature of a substitute offered by Ms. Moore.

An amendment numbered 6 printed in the Congressional Record to insert an entirely new text.

12:57 P.M. –

By unanimous consent, the Tsongas amendment was withdrawn.

12:54 P.M. –

DEBATE – Pursuant to the provisions of H.Res. 54, the Committee of the Whole proceeded with debate on the Tsongas amendment under the five-minute rule, pending reservation of a point of order.

Amendment offered by Ms. Tsongas.

An amendment numbered 4 printed in the Congressional Record to add a new section entitled Prohibition on the Use of Federal Funds for Presidential Campaign and Lobbying Activities.

By unanimous consent, the Castor (FL) amendment was withdrawn.

12:48 P.M. –

DEBATE – Pursuant to the provisions of H.Res. 54, the Committee of the Whole proceeded with debate on the Castor (FL) amendment number 2 under the five-minute rule, pending reservation of a point of order.

Amendment offered by Ms. Castor (FL).

An amendment numbered 2 printed in the Congressional Record to transfer funds in the Presidential Election Campaign Fund to the Office of Justice programs to provide for local law enforcement costs of providing security at Presidential nominating conventions.

POSTPONED PROCEEDINGS – At the conclusion of debate on the Peters amendment, the Chair put the question on the amendment and announced by voice vote the ayes had prevailed. Mr. Peters requested a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.

12:44 P.M. –

DEBATE – Pursuant to the provisions of H.Res. 54, the Committee of the Whole proceeded with debate on the Peters amendment under the five-minute rule.

Amendment offered by Mr. Peters.

An amendment numbered 1 printed in the Congressional Record to add language to the bill stipulating that all amounts in the Presidential Election Campaign Fund after the date of the enactment of the legislation shall be transferred by the Secretary to the general fund of Treasury only if used to reduce the deficit.

11:44 A.M. –

The Committee of the Whole resumed its sitting.

11:43 A.M. –

The House received a message from the Senate. The Senate agreed to S. Con. Res. 3.

H.R. 359:

to reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions

11:42 A.M. –

The Committee of the Whole rose informally to receive a message.

11:35 A.M. –

GENERAL DEBATE – The Committee of the Whole proceeded with one hour of general debate on H.R. 359.

11:34 A.M. –

The Speaker designated the Honorable Steven C. LaTourette to act as Chairman of the Committee.

House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 54 and Rule XVIII.

11:33 A.M. –

Rule provides for consideration of H.R. 359 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is open to amendments. All points of order against consideration of the bill are waived. All points of order against provisions of the bill are waived.

Considered under the provisions of rule H. Res. 54.

H. Res. 54:

providing for consideration of the bill ( H.R. 359) to reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions

11:31 A.M. –

Motion to reconsider laid on the table Agreed to without objection.

On agreeing to the resolution Agreed to by voice vote.

On ordering the previous question Agreed to by the Yeas and Nays: 234 – 178 (Roll no. 22).

10:15 A.M. –

DEBATE – The House proceeded with one hour of debate on H. Res. 54.

Considered as privileged matter.

10:02 A.M. –

ONE MINUTE SPEECHES – The House proceeded with one minute speeches which by direction of the Chair, would be limited to 5 per side of the aisle.

PLEDGE OF ALLEGIANCE – The Chair designated Ms. Slaughter to lead the Members in reciting the Pledge of Allegiance to the Flag.

10:01 A.M. –

The Speaker announced approval of the Journal. Pursuant to clause 1, rule I, the Journal stands approved.

Today’s prayer was offered by the House Chaplain, Rev. Daniel Coughlin.

10:00 A.M. –

The House convened, starting a new legislative day.

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Jon Wants to Talk Facts, Not Tone — Watch Now!


 

 Tonal Recall

Jon thinks the health care bill doesn’t actually kill jobs and

 that calling it a “job killer” is like calling sleep an “awake killer.”

Watch Now!

http://email.comedycentral.com/a/hBNNeEUBAhkQSB8Xd1CNsfnhM.B8U2fbOg/video

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The Economic Outlook and Options for Fiscal Policy


CBO’s Web site:

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Pledging Allegiance To Failed Policies


Today, House Republicans are unveiling the “Pledge to America” — a pre-election document styled after 1994’s Contract with America — at a hardware store in Sterling, VA. The plan sorts policy items into “five broad categories” — jobs, government reform, federal spending, national security, and health care — and is part of “an effort to respond to the allegation that the GOP is the ‘party of no.'” “It’s important to show what Republicans are for,” said one House Republican involved in the drafting. The document only includes two items regarding social issues — defending “traditional marriage” and preventing taxpayer funding of abortion in line with the current Hyde amendment — and Republican aides have “cautioned against comparing the new proposal with the party’s original Contract With America.” In fact, only incumbent lawmakers were involved in its drafting, and they won’t even be signing it. “The new agenda is not a political platform, aides said, but rather an outline of the party’s targets in the final weeks of the legislative session,” the New York Times reported. If that’s the case, then, the document makes it abundantly clear that House Republicans are ready to double down on the failed policies of the Bush administration, on everything from taxes and federal spending to national security, and want to undo some of the strong progressive policies enacted by the current Congress.

REVIVING BUSH’S DEFICITS AND TAX CUTS: First and foremost, the Pledge calls for retaining the entirety of the Bush tax cuts — rejecting President Obama’s plan to save $830 billion by letting the tax cuts for the richest two percent of Americans expire on schedule — and cutting overall government spending back to the 2008 level next year, thus literally embracing Bush’s tax and spending policies. As the Center on Budget and Policy Priorities has pointed out, cutting the budget back to 2008 levels across-the-board means 21 percent reductions in discretionary programs, including more than $8 billion in cuts to K-12 education. But the cuts don’t come close to eliminating the deficit, particularly considering the GOP plans to pass $4 trillion more in tax cuts, plus an additional small business tax cut. Of course, endorsing an across-the-board cut, instead of laying out specific areas of the budget that can be pared back alongside responsible revenue increases, epitomizes the Republican approach to budgeting. In fact, when directly asked, many House Republicans, including House Minority Whip Eric Cantor (VA), can’t name a single program they’d like to cut. And already, some Republicans are saying that the Pledge isn’t even radical enough when it comes to cutting spending. “It’s not taking us where we ultimately have to go as a country, dealing with entitlements and permanent tax changes,” said Rep. Devin Nunes (R-CA) who has reportedly “advocated for a plan that dealt specifically with Social Security.” Notably, Rep. Paul Ryan (R-WI) — the Republican budget chief who has released a full plan for privatizing Social Security and Medicare — was not scheduled to appear at the Pledge unveiling, confirming that many in the Republican leadership are hesitant to publicly tie themselves to his proposals.

REPEALING HEALTH CARE REFORM: The Republican pledge also dedicates an entire section to repealing the Affordable Care Act and replacing it with some of the same solutions that the GOP promoted during the health care reform debate, such as medical malpractice reform (which won’t do much to bring down health care costs) and allowing insurance to be sold across state lines (which would lead to a regulatory race to the bottom). However, repealing the ACA will add $143 billion to the deficit over ten years, according to the Congressional Budget Office, as the cost containment measures and revenue increases in the bill also disappear. Interestingly, the Pledge also says that Republican health care reform will prevent health insurance companies from discriminating against people with pre-existing conditions, but without including an individual mandate that everyone purchase health insurance. Of course, as Newsweek’s Ben Adler explains, “Such a prohibition is economically infeasible without the individual mandate that health-care reform included,” as people wouldn’t buy health insurance until after they get sick. Forcing insurance companies to cover those with pre-existing conditions also puts House Republicans at odds with conservatives like former Gov. Mike Huckabee (R-AR), who has likened the prohibition to automobile insurers being forced to insure already wrecked cars.

BRING ON THE SHUTDOWN: One of the most notorious episodes of the Congress that was sworn in after the original Contract with America was the government shutdown of 1995. For three weeks, then-House Speaker Newt Gingrich (R-GA) shuttered the government after Congress was unable to approve a budget. And House Republicans are already saying that they’re game for a repeat performance. “If government shuts down, we want you with us,” said Rep. Lynn Westmoreland (R-GA). “It’s going to take some pain for us to do the things that we need to do to right the ship.” Rep. Steve King (R-IA) has demanded a “blood oath” from House Minority Leader John Boehner (R-OH) to include a repeal of health care reform in every appropriations bill next year, even if a government shutdown results. “We must not blink,” he said. “If the House says no, it’s no.” Boehner, for his part, has disavowed the notion, saying, “Our goal is not to shut down the government.” “It’s absurd,” added Sen. Judd Gregg (R-NH). “That’s not our goal at all.” But Gingrich himself seems to think that another government shutdown would be productive, even though it means, among other things, that Social Security payments and veterans’ benefits are not disbursed. “When we win control of the House and Senate this fall, Stage One of the end of Obamaism will be a new Republican Congress in January that simply refuses to fund any of the radical efforts,” Gingrich said. Such talk has earned the GOP a scolding from President Clinton. “You see what happened last time: It didn’t work out very well for them,” Clinton said.