"Where's the Budget Outrage?"

Where's the Budget Outrage?" is a question asked by columnist E.J. Dionne, Jr. in an op-ed in today's Washington Post. In it he discusses the "cut-the-poor, help-the-big-interests federal budget," and the vote on the budget reconciliation bill that is taking place in the House tomorrow. This op-ed is a good read, especially as we prepare to hear President Bush outline his agenda on budget, tax, and health care issues in tonight's State of the Union.

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Wednesday's Vote on Budget Reconciliation Bill Will be Close

As the House gears up for tomorrow’s vote on cutting $40 billion in entitlement spending from the budget, the House leadership is less and less confident they will have enough votes to ram these cuts through. Following in the footsteps of Rep. Simmons (R-CT), who recently changed his position on the bill, a number of moderate GOP Representatives are considering voting against the bill as well. These include Reps. Sherwood Boehlert (R-NY), Mike Fitzpatrick (R-PA), John Sweeney (R-NY), and Chris Shays (R-CT).

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Budget Bill Vote on Wed.; CBO Releases Cost Estimate

The long-awaited House vote on the Senate-passed budget reconciliation bill is taking place this Wednesday, February 1. The vote is expected to be extremely close, as a handful of moderate Republicans who previously voted for the bill are expected to vote against it this time around.

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Senate, House Expected to Differ on Tax Rate Extensions

Although the Senate and House have both passed their separate versions of the tax reconciliation bill, Congress has yet to vote on and pass a final measure. One of the major differences between the two bills is that the House passed a two-year extension of low capital gains and dividends rates, while the Senate did not.

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