Senators from both sides of the aisle are trying to get an amendment into a bill reauthorizing the Federal Aviation Administration (FAA) that would extend $1.4 billion in expiring green energy subsidies that weren’t included in last year’s budget deal.
We’re disappointed that consistent support exists among Senators to extend corporate welfare to the so-called ‘green energy’ industry. It’s unfortunate to see lawmakers sneak these provisions through the backdoor using unrelated must-pass measures — especially only months after extending major wind and solar subsidies in an end-of-year deal,” Christine Harbin, director of federal affairs at Americans for Prosperity, said in a statement.
Budget cuts of 3 percent that began in January for Oklahoma agencies, including its public schools, will grow deeper beginning in March, the state’s finance director warned on Monday.
Collections to the state treasury have continued to come in below projections, exacerbating the revenue failure that was declared in December, Secretary of Finance Preston Doerflinger said in an email to state agency directors and finance officers.
President Obama’s fiscal year 2017 budget will request $582.7 billion in funding for the Pentagon, including $71.4 billion for research and development, $7.5 billion to fight the Islamic State group, $8.1 billion for submarines, and $1.8 billion on munitions, Secretary of Defense Ash Carter announced Tuesday morning.
In a speech previewing next week’s budget release, Carter also highlighted new technologies his department is developing to meet what he called a “major inflection point” that takes “the long view” for the Department.
Senate Republicans managed to wrangle enough of their troops to overcome a filibuster early Friday morning and pass the new budget deal, granting President Obama yet another debt holiday, busting the budget caps and boosting spending some $80 billion over the next two years.
Democrats, who are far more thrilled with the deal, did the heavy lifting, providing most of the votes as they won some $40 billion in new domestic spending in 2016 and 2017. They also forced the GOP to retreat on the hard-fought 2011 budget agreement that had helped bring deficits back under control.
Conservative Republicans were irate at their leaders and at defense hawks within the GOP who forced the deal by saying it was worth busting the caps in order to get the Pentagon more money at a time when the U.S. is fighting the war on terror.
The funding request reflects the expansion of Ukraine’s military as it confronts Russian-backed rebels in the Donbass. Mass conscription has seen the military’s ranks grow from 130,000 in 2014 to 250,000 by the beginning of 2015. However, because of a general lack of funding, conscripts are often forced to buy their own equipment.
Earlier this month, a senior adviser to Ukraine’s defense minister said the armed services needed to increase its entire budget by $4.65 billion per year to account for the increase in troops and the continuing war in the east, Defense News reported. Given that Ukraine’s economy is in recession and the country is currently receiving bailout payments from creditors, this level of funding is unlikely to be realized any time soon
Government money expires Oct. 1, the start of the federal fiscal year. The House and Senate haven’t sent any annual spending bills to the White House for President Obama to sign. That means lawmakers must prep an interim spending bill (known as a “Continuing Resolution” or “CR”) to keep the lights on.