Bipartisan Budget Act of 2013

http://dbpedia.org/resource/Bipartisan_Budget_Act_of_2013 an entity of type: WikicatUnitedStatesFederalBudgets

The Bipartisan Budget Act of 2013 (H.J.Res. 59; Pub.L. 113–67 (text) (PDF)) is a federal statute concerning spending and the budget in the United States, that was signed into law by President Barack Obama on December 26, 2013. On December 10, 2013, pursuant to the provisions of the Continuing Appropriations Act, 2014 calling for a joint budget conference to work on possible compromises, Representative Paul Ryan and Senator Patty Murray announced a compromise that they had agreed to after extended discussions between them. The law raises the sequestration caps for fiscal years 2014 and 2015, in return for extending the imposition of the caps into 2022 and 2023, and miscellaneous savings elsewhere in the budget. Overall, the bill is projected to lower the deficit by $23 billion over the long rdf:langString
rdf:langString Bipartisan Budget Act of 2013
rdf:langString Bipartisan Budget Act of 2013
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rdf:langString Balanced Budget and Emergency Deficit Control Act of 1985, and others
xsd:date 2013-09-10
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xsd:date 2013-12-12
xsd:date 2013-12-18
rdf:langString Roll Call Vote 281: 64-36
rdf:langString Roll Call Vote 640: 332-94
xsd:date 2013-12-26
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rdf:langString Senator Patty Murray, Democrat of Washington
rdf:langString Representative Paul Ryan, Republican of Wisconsin
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rdf:langString Senator Patty Murray and Representative Paul Ryan negotiated the proposed fiscal year 2014 budget deal.
rdf:langString Making continuing appropriations for fiscal year 2014, and for other purposes.
rdf:langString Patty_Murray,_official_portrait,_113th_Congress.jpg
rdf:langString Paul Ryan, 113th Congress.png
rdf:langString Budget bill
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rdf:langString The Bipartisan Budget Act of 2013 (H.J.Res. 59; Pub.L. 113–67 (text) (PDF)) is a federal statute concerning spending and the budget in the United States, that was signed into law by President Barack Obama on December 26, 2013. On December 10, 2013, pursuant to the provisions of the Continuing Appropriations Act, 2014 calling for a joint budget conference to work on possible compromises, Representative Paul Ryan and Senator Patty Murray announced a compromise that they had agreed to after extended discussions between them. The law raises the sequestration caps for fiscal years 2014 and 2015, in return for extending the imposition of the caps into 2022 and 2023, and miscellaneous savings elsewhere in the budget. Overall, the bill is projected to lower the deficit by $23 billion over the long term. In forming the deal behind the bill that was passed, Ryan and Murray explicitly avoided trying to find a "grand bargain", in which Democrats would buy into reduced entitlements spending while Republicans would agree to higher tax rates, as several past negotiations along such lines had failed. Instead, in Ryan's words, negotiations sought to "focus on common ground ... to get some minimal accomplishments". The deal did represent a rare example of bipartisanship during this period and promised to end for a while the last-minute, crisis-driven budget battles that had consumed Congress for much of the prior three years.
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