Tag: Government Shutdown

What’s in the Bipartisan Budget Deal?

Aside from deterring from the usual Congress gridlock we’ve become accustomed to, Tuesday’s bipartisan budget deal was historic– a divided government reportedly hasn’t come to an agreement like this since 1986. But what does it mean for all of us? The House and Senate still have to approve it, followed by President Barack Obama’s signature. If those hurdles are crossed, the deal would prevent another government shutdown, setting federal spending at slightly more than $1 trillion for this fiscal year and the next. “The deal is something that accomplishes deficit reduction, permanent pension reform for government employees and it...

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Congress Announces Budget Deal To Avoid Government Shutdown

There is some progress at Capitol Hill. Bipartisan House and Senate negotiators are announcing a deal on a new budget plan to avoid another government shutdown, but they haven’t crossed the finish line yet. Republican Congressman Paul Ryan and Democratic Senator Patty Murray made the announcement this afternoon. They have spent the past two months hammering out the details. But the House and Senate must still vote on the agreement. If approved, it would avoid another government shutdown in mid-January. President Barack Obama called the budget a “good first...

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Government Shutdown Over: What’s Next?

The next challenge for congress will be if leaders of the new budget conference committee led by Democrat Senator Patty Murray, and Republican Congressman Paul Ryan can strike a deal by mid-December to provide a longer term budget solution. Ryan said they have shared goals. But there is great skepticism after previous attempts to address the nation’s fiscal problems such as simpson-bowles, and the 2011 super committee failed. Murray said this time is different. With the government only funded for about three months, and the debt ceiling extended into February, much of the next 100 days will be focused...

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Valley Federal Parks To Re-Open

With the government shutdown coming to a close, many people are anxiously awaiting the green light for federal facilities like national parks to open up again. The Santa Ana and Laguna Atascosa National Wildlife Refuges, along with Palo Alto National Battlefield will reopen to the public once president Barack Obama signs the new measure. Adolph Thomae, Jr. park in Arroyo City will also open. Although this park is maintained by Cameron County it actually sits on federal...

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IRS Extension Deadline Despite Shutdown

The government shutdown is keeping most IRS workers at home, but that doesn’t mean you’re off the hook for your taxes. Many of the more than 12-million taxpayers who requested an automatic 6-month extension have yet to file. The agency says the Tuesday deadline still stands. But the IRS says it won’t issue any refunds until “normal government operations resume.” The agency also won’t have any workers to take calls or help in person. Taxpayers can file their returns electronically using IRS E-file with free file...

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