Posts tagged ‘tax increase’

March 9, 2012

Senate Moves to Waive Budget Control Act Provisions

In debating S. 1813, the Federal Transportation funding bill, known as Moving Ahead for Progress in the 21st Century Act, a motion was passed by a vote of 66-31 to waive the budgetary restrictions of the Budget Control Act, capping discretionary spending. In effect, the motion renders the Budget Control Act meaningless in controlling the growth of Federal spending.

Republican Senators Alexander (R-TN), Blunt (R-MO), Boozman (R-AR), Brown (R-MA), Cochran (R-MS), Collins (R-ME), Heller (R-NV), Hoeven (R-ND), Hutchison (R-TX), Inhofe (R-OK), Shelby (R-AL), Snowe (R-ME), Vitter (R-LA), and Wicker (R-MS) voted to waive budgetary restrictions, while all Democrats voted for the motion except Warner of Virginia.

January 19, 2012

Senate Passes Trade Adjustment Act

On September 22, 2011, the Senate passed HR 2832, the Trade Adjustment Assistance Extension Act of 2011 by a vote of 70 – 27. The bill originated in the House on September 2, 2011, and was passed by voice vote there on September 7, 2011. The measure provides unemployment extensions, job training, and other programs for workers negatively affected by foreign trade imbalances. Supporters and the CBO claim that the bill will not add to the Federal deficit; however, the programs will be funded by increasing foreign import tariffs and fees to US businesses for a total of $1.1 billion over the next three years.

All twenty-seven nay votes came from Republicans claiming that the program funding would have a negative impact on US businesses, making it harder for them to compete with foreign companies.

July 16, 2011

Senate Passes Resolution Advocating Higher Taxes for Wealthy

S 1323, a bill to express the sense of the Senate on shared sacrifice in resolving the budget deficit, passed by a vote of 69-27. It states that:

It is the sense of the Senate that any agreement to reduce the budget deficit should require that those earning $1,000,000 or more per year make a more meaningful contribution to the deficit reduction effort.

This non-binding resolution was supported by 18 Republicans: Alexander (TN), Brown (MA), Burr (NC), Coats (IN), Collins (ME), Corker (TN), Cornyn (TX), Graham (SC), Hoeven (ND), Hutchison (TX), Johanns (NE), Kirk (IL), Kyl (AZ), McCain (AZ), McConnell (KY), Sessions (AL), Snowe (ME), and Thune (SD).

May 27, 2011

Senate Unanimously Rejects Obama Budget Proposal for 2012

The Senate unanimously voted (97-0) against consideration of S. Con. Res. 18, setting forth the President’s budget request for the United States Government for fiscal year 2012, and setting forth the appropriate budgetary levels for fiscal years 2013 through 2021.

The measure was introduced by Republican Senator Jeff Sessions (AL) as a test of the support for the President’s proposal which recommends the spending of $3.125 trillion in FY2012; with anticipated revenues of $1.877 trillion, this suggests a budget deficit of $1.248 trillion for FY2012. It also projects an average annual budget deficit of $1 trillion for the next ten years with the total Federal debt reaching $20.8 trillion by 2021.

April 18, 2011

House Votes to Consider Ryan Budget Plan

On Friday, April 15th, 2011, the House voted 235-193 to consider and debate Rep. Paul Ryan’s long-term budget proposal, establishing the budget for the United States Government for fiscal year 2012 and setting forth appropriate budgetary levels for fiscal years 2013 through 2021.

House Concurrent Resolution 34 is a pro forma measure, meaning that it has no force of law, even if the Senate were to ratify it, which is highly unlikely. It is merely a starting point of debate over the direction of the Federal Budget in the years to come, and for this reason, I will not consider the votes made by House members on this bill in their scores.

February 18, 2011

Senate Passes FAA Reauthorization Act

The Senate passed S223, the FAA Reauthorization Act, by a vote of 87-8. The bill keeps the funding for the FAA for the remainder of FY 2011 at current levels, along with some increased taxes on commercial airline fuel.

All eight nay votes were Republicans – Crapo (ID), DeMint (SC), Johnson (WI), Lee (UT), Paul (TX), Risch (ID), Toomey (PA), and Vitter (LA).

The bill now goes to the House.

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February 15, 2011

Senate Rejects Reducing FAA Budget to 2008 Levels

Senate Amendment 21, sponsored by Rand Paul (KY) would set FY 2011 spending levels by the FAA at FY 2008 levels. The budget for the FAA for FY 2011 is $12.953 billion, while the FAA budget in 2008 was $11.327 billion. The proposed budget is considered a reduction, as it imposes a 14.1 cent per gallon surtax on aviation fuel used by fractional ownership aircraft, and also increases the federal excise tax on all commercial aircraft fuel from 24.3 cents per gallon to 35.9 cents per gallon, a 47.7% increase. The anticipated increase in revenue to the FAA offsets increased budgetary allotments to it from the general fund, so they can say that it is a decrease in overall spending on paper. Without the increased taxes on consumers, the FAA budget would be approximately $1 billion more, or $14 billion.

The amendment was rejected on a strict party line vote, 51-47.

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