Balance the budget on the backs of….. This week the Senate will vote on the bi-partisan budget deal that was crafted by Rep Paul Ryan and Senator Patty Murray. Everyone has a bone to pick with this budget, but that will not going to keep it from passing. The budget bill has already passed the House and there was opposition from both sides of the aisle. The bill is now moving to the Senate where New Hampshire’s own, Senator Kelly Ayotte, joined a few of her fellow Republicans to oppose the budget bill. From the Washington Post: “In a joint … Continue reading →
Tag Archives | Budget
That’s why a Rep from Virginia thinks the federal deficit has to be reduced and the people who have earned their retirement nest egg and health care have to foot the bill. The MMT (Modern Monetary Theory) people have put together a new video to explain why the whole deficit kerfuffle is bunk. (They call […]
By Mark MacKenzie and Richard Trumka Last month, we saw Washington at its worst. Driven by the Tea Party, Republican leaders, including Senator Ayotte, recklessly shut down our government and brought our nation to the brink of default. Ignoring voices of reason from working families across New Hampshire, some of our leaders in Congress listened to shouts of “shut it down” and inflicted unnecessary damage to our economy. The shutdown cost 120,000 jobs in the first two weeks of October and will reduce economic growth by at least .25% in the fourth quarter. Here in New Hampshire it directly impacted … Continue reading →
LET THE GAMES BEGIN This past Thursday the State Senate attached SB 100: AN ACT authorizing electronic payment of payroll to HB 357: AN ACT prohibiting an employer from using credit history in employment decisions and authorizing electronic payment of payroll. HB 357 has strong support from labor, working families … Continue reading →
Last week we reported on how the NH House killed two bills (SB 100, SB 153) that were directly targeted at the NH Public Workers. In a sneaky parliamentary trick the Senate added both these bills as amendments. “The Senate voted on 13-11 party line votes to add to these measures bills … Continue reading →
Yesterday labor leaders from throughout New Hampshire stood in the Legislative Office Building urging NH Senators to restore the proposed cuts to the NH Budget. Well as you have probably already heard the NH Senate passed their budget with millions in cuts. Yesterday at the press conference NH AFL-CIO … Continue reading →
Today the NH House voted to kill the expanded gambling bill, SB 152. SB152 was a bill about creating new jobs. The same jobs that many of these House members campaigned on. This also means that NH is going to continue to starve our budgets. SB152 would have added $80 million dollars in new revenue […]
Senate Republicans change position on expensive camera provision at the polls, whether student identification cards are an acceptable form of Voter ID Advocate to spend $1 million dollars on Voter ID law same week they drastically cut services for elderly and disabled, mental health community in New Hampshire CONCORD, … Continue reading →
2nd District Congresswoman Ann Kuster is one of six House Agriculture Committee Democrats who voted with the Republican majority and approved legislation last week that would deregulate Wall Street derivatives.
Huffington Post reports the proposed legislation “would expand taxpayer support for derivatives and create broad new trading loopholes allowing banks to shirk risk management standards created by the 2010 Dodd-Frank bill:”
Prior to the vote, the top Democrat on the Agricultural Committee, Rep. Collin Peterson (D-Minn.), gave a speech warning that the legislation could repeat the deregulation debacles of the 1990s.
“You’re putting taxpayers on the hook…. At the time we did the Modernization Act, there were $80 billion in swaps, in derivatives. We gave ‘em legal certainty, we eliminated the regulation requirements, and it went to $700 trillion and it blew up on us. So just be careful: You can vote any way you want, but this could come back and haunt you.”
Kuster’s vote repeats a pattern of siding with House Republicans on key legislation.
Kuster, who represents the more Democratic of the the state’s two congressional districts, was one of 86 Democrats who crossed party lines in January and supported a Republican measure that tied a raise in the debt ceiling to congressional pay.
Kuster said she voted for the measure to “remove the immediate threat of default and ensure that America will continue to meet its obligations.” 1st District Congresswoman Carol Shea-Porter voted against the bill. “The debt ceiling should not be tied to any political issue, no matter how desirable the goal may be,” she explained.
In February, Kuster again split with Shea-Porter and joined 43 Democrats who voted with the Republican majority to block a 0.5% pay raise for federal workers. “Leadership should concentrate on closing loopholes and reforming the tax code instead of shrinking middle class wages,” said Shea-Porter.
In a series of budget votes last week, Kuster was one of 35 Democrats who crossed the aisle and voted against the Senate Democratic budget and one of 28 who voted against the House Democratic budget. Kuster said the budget proposals did not “reflect the type of bipartisan compromise that New Hampshire families expect and deserve.”
Shea-Porter supported the Democratic budgets, noting they would “protect the middle class by investing in things like education, transportation, and research and development” and would “reduce the deficit in a balanced manner that closes tax loopholes, replaces sequestration’s irresponsible cuts, keeps our commitment to seniors, and cuts spending through a targeted and steady approach.“
One aged man—one man—can’t fill a house, A farm, a countryside, or if he can, It’s thus he does it of a winter night. –Robert Frost, “An Old Man’s Winter Night” From my perspective, Gov. Hassan’s proposed budget does a good job of beginning to restore funding to necessary programs. While I’d ideally like to […]