1. The total deal is $85 billion. About $45 billion of that replaces sequestration cuts in 2014. About $20 billion replaces sequestration cuts in 2015. About $20 billion is deficit reduction atop sequestration.
2. The sequestration relief is evenly divided between defense spending and non-defense discretionary spending. The sequester’s cuts to mandatory spending are unaffected.
5. The deal replaces about half of sequestration’s cuts to defense and non-defense discretionary spending in 2014. It replaces about a fourth of them in 2015. That means most of sequestration will go into effect in both years.
LLPH Response: We should just stop here. Ending sequestration without true spending cuts is disgraceful.
On Taxes (or in Washington nice-language: “New Fees”):
3. The new policies in the deal are split between revenue through fees — travelers will see higher prices on airline tickets and federal workers will have to contribute more to pensions — and spending cuts.
LLPH Response: Thank you Washington Bureaucrats…giving us all a Merry Christmas by raising airline prices. Also, the budget deal prevents senators from blocking tax increases in the future. Shameful deal!
Are there any true structural reforms to entitlement programs? NOPE!
Are there any true spending cuts? NOPE!
Was sequestration protected? NOPE!
Is Washington going to take more money from hardworking Americans? YES!
This deal isn’t a compromise! It ended sequestration, the only thing in Washington that forced politicians to cut spending. #budget
Time to defeat this failed deal. The Senate is expected to vote on cloture and possibly final passage tomorrow. Senators need to be contacted NOW AND URGED TO VOTE NO!!!
LLPH has officially decided to score this vote 25 points in our scorecard. Most bills scored in our scorecard are only 5 points and the only one that has reached this high was the CR/Debt Ceiling deal in October which was scored 20 points (10 for the debt ceiling and 10 for the CR). But this bill is very important because for the next two years, there likely won’t be any huge budget battles if this bill passes and CRs won’t be voted upon. This failed tax and spend budget would be the way our country spends the money and will only increase our debt.
LLPH will score cloture to end debate very heavily (25 points) in our scorecard, and will also weigh the final passage vote as well in our scorecard.