fiscal year

The Ted Cruz Show (Pleasant Senate Sunday)

Sen. Ted Cruz, R-Texas, speaks to reporters following a rare Sunday Senate session on Capitol Hill in Washington, Sunday, 26 July 2015. Senior Senate Republicans lined up Sunday to rebuke Cruz for attacking Majority Leader Mitch McConnell, an extraordinary display of intraparty division played out live on the Senate floor. (AP Photo/Manuel Balce Ceneta)

There are a number of things to consider―aren’t there always?―about the weekend dispute between Sen. Ted Cruz (R-TX) and pretty much the rest of his Republican colleagues in the United States Senate. First and foremost, Tierney Sneed brings the latest, in the form of a five-point overview, for the aptly named Talking Points Memo.

The elephant in the chamber, such as it is, however, is the entire question of the Export-Import Bank.

The Ex-Im controversy is, in a word, absurd.

Would you like a few more? How about worthy of ridicule.

Naturally, Mr. Cruz wants in.

(more…)

Fair Warning

Mitch McConnell

Heads up, the sky is falling!

Well, okay, no, actually it’s not. To the other, soon enough there will be plenty trying to convince you that it is. Or, as we learn from Annika McGinnis and David Lawder:

U.S. lawmakers expected that a promising budget deal reached after a government shutdown last year would herald a new normal for passing annual spending bills, moving Congress away from the crisis-driven approach and resulting economic jitters of recent years.

But the spending bills have been derailed in the Senate by election-year politics and a war over Republican amendments that range from thwarting curbs on power-plant carbon emissions to restoring potatoes to a government nutrition assistance program.

With a new fiscal year looming on Oct. 1, a stopgap funding measure of the type that has kept the federal government afloat in fits and starts for five years looks increasingly likely, along with the risk of another government shutdown.

Congress starts a five-week recess on Aug. 1 and has about 10 work days in September before lawmakers break for a month of campaigning for November congressional elections.

“Prospects don’t look good at the moment” for the 12 spending bills, said Senator Richard Shelby, the top Republican on the Senate Appropriations Committee. “This is an election year and this is tough politics.”

We have been warned, let there be no question about that. So when the yelling begins in September, the appropriate question will be, “Why are you yelling?” And should anyone be so foolish as to ask why, we need only point them to Sen. Shelby (R-AL): “This is an election year and this is tough politics.”

So it goes, even if it’s something more to the rest of us.

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McGinniss, Annika and David Lawder. “Hope fades in Congress for drama-free funding of U.S. agencies”. Reuters. 13 July 2014.