90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Monday, March 11, 2013

Could Washington Budget Duel Be A Good Sign?

House Budget Committee Chair Rep. Paul Ryan, left, arrives at the White House for a lunch with the president on March 7, 2013. At right, Senate Budget Committee Chair Sen. Patty Murray speaks at a press conference on Feb. 28, 2013. (AP)

House Budget Committee Chair Rep. Paul Ryan, left, arrives at the White House for a lunch with the president on March 7, 2013. At right, Senate Budget Committee Chair Sen. Patty Murray speaks at a press conference on Feb. 28, 2013. (AP)

The duel in question this week: rival budget proposals expected from Democratic Sen. Patty Murray and Republican Rep. Paul Ryan.

Details revealed in The Wall Street Journal on Monday show that the parties remain far apart on key issues.

Ryan’s budget will ask for big changes to Medicare and Medicaid, but no new tax increases or Pentagon cuts.

Murray’s budget will have modest changes to domestic spending programs, and higher taxes for corporations and high-earners.

That sounds like the old divide between the parties about the role of the government. But together, the new budgets represent an attempt to get Congress back to something it has not done in years – pass a real budget instead of last-minute stopgap spending bills.

The dueling budgets come after a week in which the President’s so-called “charm offensive” – meals and meetings with Republicans – resulted in the news that the “grand bargain” negotiations over taxes and budgets may be back on the table.

Guest:

  • Rick Klein, senior Washington editor for ABC World News and co-host of the the network’s political webcast, “Top Line.” He tweets @rickklein.

We welcome comments from all of our listeners. Post below. Please stay on topic and be civil. Comments may be moderated by us, but you are solely responsible for the content of your comments.

  • http://twitter.com/JohnnyFroggg J Frog

     “Murray’s budget will have modest changes to domestic spending programs, and higher taxes for corporations and high-earners.”

    Meanwhile in Sweden:  “Sweden will cut its corporate tax rate next year to 22 percent to attract business investment, create new jobs and prevent companies from leaving the the Nordic region’s biggest economy….“Corporate taxes are probably the most damaging tax of all,” Prime Minister Fredrik Reinfeldt said at a news conference in Stockholm.

    Also meanwhile, this time in America:  Former President Clinton and Maryland Dem. Congressman Delaney want to “Create a path for repatriation of overseas corporate earnings in a manner that ensures American job creation;” through the use of tax credits on repatriated corporate earnings.

    http://delaney.house.gov/media-center/press-releases/delaney-to-introduce-infrastructure-funding-legislation

    Make America more competitive and bring back the trillions.

With Sponsorship from:
Accelerating the pace of engineering and science
Friday, June 14, 2013
Paul Eisenstein is publisher of "The Detroit Bureau."

We usually talk to reporter Paul Eisenstein about cars, but when he mentioned he’d recently had a brush with death, we wanted to know more.

4 Comments | more »
Thursday, June 13, 2013
The sun sets behind the Jeffrey Energy Center coal power plant in Emmett, Kan. in December 2012. (Charlie Riedel/AP)

The International Energy Agency is warning that unless nations take urgent action to reduce carbon dioxide levels, average temperatures on the earth could rise by more than nine degrees Fahrenheit.

4 Comments | more »
Tuesday, June 11, 2013
Here & Now host Robin Young (@hereandnowrobin) tweeted this picture of her bedside book tower on June 9, 2013. (Robin Young/Here & Now)

Here & Now host Robin Young reads piles of books every month and wants to know what you’re reading.

7 Comments | more »