Yesterday, over half way into the 2011 Fiscal Year, Congress passed a 2011 spending bill that cut $39.9 billion from the Federal budget. In bipartisan votes, the House voted 260-167 for the bill (roll call here); the Senate 81-19 in favor (roll call here). During the bill's debate and afterward, conservatives complained that it did not go far enough in cutting spending, while liberals were disenchanted that the compromise measure cut too much from needed programs. The bill's passage, and signature into law today by the President, will avert a government shutdown that seemed all but certain late last Friday.
The next Federal spending date looming on the horizon is July 8, described by the Treasury Department as the latest possible date when Federal borrowing would be below the debt ceiling, even using all of the accounting manuveurs that the Department can bring to bear. Before then Congress will have to agree to raise the debt ceiling so that more borrowing can occur, or face another potential government shutdown. Some conservative House Members and Senators are saying they will resist raising the debt ceiling unless Democrats and the Obama Administration agree to push through deep spending cuts for the 2012 Fiscal Year and beyond. It should be noted that the last day before July 8 that both chambers of Congress are in session together will be June 24. The House is scheduled to be in recess the last week of June (for a district work week), and the Senate has a week-long recess scheduled the week of July 4. Starting this weekend, both the House and Senate are on a two-week recess.
In the meantime, work continues on the 2012 Fiscal Year budget, with the House voting today on House Budget Committee Chair Paul Ryan's budget resolution (a ten year plan, called the "Path to Prosperity"). That spending plan proposes to trim $6.2 trillion from the Federal debt over ten years but is largely presumed to be "dead-on-arrival" in the Senate. The President rolled out his answer to the Ryan plan during a Wednesday speech, suggesting that House and Senate leaders appoint 16 colleagues to negotiate a deficit reduction plan with Vice President Biden by the end of June. Meanwhile the so-called "Gang of Six" (senators), led by Sens. Mark Warner (D-VA) and Saxby Chambliss (R-GA) continue their efforts to craft a compromise plan before sometime in June. That plan supposedly would trim $4 trillion from Federal coffers over 10 years.
Given the level of partisan rhetoric this week and the upcoming recesses, two months (May and June) seem to offer little time to reach a compromise on long-term spending cuts.
Notable @UpperMiss Twitter Postings for the Week:
Agriculture -
- Driven by high fertilizer costs, researchers seek "Super Corn" to limit nitrogen use and water pollution http://bloom.bg/gRpsnp
- House and Senate Ag Committees Will Expedite Work on 2012 Farm Bill; send to Obama before 2012 election http://bit.ly/gF6htM
- Izaak Walton League conducting series of public discussions on 2012 Farm Bill over next couple of months http://bit.ly/gIy5G3
- NY Times: High commodity prices fuel seeds of soil erosion http://nyti.ms/ezP7dw
- Environmental Working Group releases report about Iowa soil erosion http://bit.ly/gFH13l
- Sen. Chuck Grassley (R-IA) sees end to direct farm payments http://bit.ly/hpnv2U
- DuPont urges Congress not to roll back biofuel policy http://bit.ly/ebpGT0
- 26 House Republicans urge Obama to release for crops some of 31.2 million acres held in Conservation Reserve Program http://bit.ly/hkmxli
- Storms thin Iowa soil, study finds http://bit.ly/fS3baR
- With spending handcuffed, disagreements on approach and cuts rising among those who will craft next farm bill http://bit.ly/hhn66t
- Congressional briefing on PAHs in urban surface water draws attention to pending 2012 cuts to USGS NAWQA program http://bit.ly/enLv8w
In the States -
- WI Gov. Walker apparently backs off plans to repeal rule that sets phosphorus limits in state lakes & streams http://bit.ly/fDRyDN
- National Academies Natural Disaster Readiness Committee Work Has River Basin Relevance http://bit.ly/f800tx
- Free Webinar: State of Flood Risk Reduction in the US; Are We Reducing Risk or Incentivizing It? May 4, 2:15 PM EDT http://bit.ly/f4YQJd
- Public Joint Agency Meetings announced re: proposed hydropower projects at 10 Upper Mississippi River Lock & Dams http://bit.ly/g2vREa (pdf)
- Floodwaters drop on Minnesota River; damaged assessed http://bit.ly/erfkSHhttp://bit.ly/ihKTHy http://bit.ly/ffKrvr
- Flooding forecasts diminish along Mississippi in Wisconsin http://bit.ly/fVdfNr
- Predicted Quad City Mississippi River crest next week would make it one of top 10 worst floods http://bit.ly/fCfG5o
- For latest area-specific river flooding information, including official watches & warnings http://1.usa.gov/f7DZds
- Biodiversity vital to streams as extinctions rise http://bit.ly/fwIBXm
- Chicago pushes Army Corps to speed up Asian carp study http://bit.ly/e2m4dm
- Iowa DNR puts out line on best angling spots http://bit.ly/dPgtGi
- USFS collecting public input until May 16 on proposed planning rule to guide management on 155 national forests http://bit.ly/hB2VSA
- MN's 998 million ash trees vulnerable to Emerald Ash Borer, as invasive spreads in the state http://bit.ly/hyoGXS
- Fatal white-nose syndrome bat disease confirmed in Kentucky http://bit.ly/hBOGBu
2011
- Here's a summary of the details of the long-term Fiscal Year 2011 continuing resolution cuts http://bit.ly/e0rx2Y
- House approves FY 2011 spending bill in 260-167; moves on to Senate for vote later today http://bit.ly/gjt5zw
- Congress approves bill to cut $39.9B and fund the government http://bit.ly/id4er2
2012
- "Gang of Six" (Senators) seeks to take centrist approach; gain bipartisan support on 2012 budget reforms http://politi.co/fmNVeu
- House & Senate leaders & Administration to begin work on bipartisan deficit-reduction plan; June target date http://on.wsj.com/fDlVdT
- Horinko Group announces 2nd Annual Water Resources Summit: Sustaining Our Nation’s Water Resources; Oct 25; U of MD http://bit.ly/hmSRJY
- Online registration now open for National Conference on Ecosystem Restoration; Baltimore, MD, August 1-5 http://bit.ly/fDBgHZ
- National Great Rivers Research and Education Center April 2011 E-News Update http://bit.ly/eR8wOn
- Horinko Group Water Resources April e-Newsletter now available - good information source http://bit.ly/hmSRJY
- EPA's Office of Water April issue of Watershed News is now on-line http://1.usa.gov/hMAG3e
- Latest issue of the Tennessee Clean Water Network e-newsletter: http://bit.ly/hpmTJp
- Water Environment Federation (WEF) first edition of "The Stormwater Report” published on line http://bit.ly/dQSKGx
- National Great Rivers Research & Education Center’s April 2011 E-News Update now on-line http://bit.ly/eR8wOn
- American Farmland Trust's April issue of E-news is now available online http://bit.ly/hJF8w5
- Newly reapportioned state legislative district maps in AR, LA and IA gain or are close to approval http://bit.ly/hQxnsK
- Iowa Legislature approves redistricting plan http://bit.ly/gkTbTi
In case you've forgotten, today is April 15, tax day in the US. Speaking of which, here's your virtual coffee break: "Taxman" by The Beatles
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