⭐ Start off 2025 with a powerful boost to your portfolio: January’s freshest AI-picked stocksUnlock stocks

Boehner names allies to negotiate U.S. House-Senate joint budget

Published 04/14/2015, 11:13 PM
© Reuters. U.S. House Speaker John Boehner (R-OH) speaks at a news conference on Capitol Hill in Washington

By David Lawder

WASHINGTON (Reuters) - U.S. House of Representatives Speaker John Boehner appointed five largely loyal Republican allies to a negotiating panel on Tuesday to work out differences between House- and Senate-passed budgets.

Along with three Democrats, the House negotiators are aiming to quickly reconcile differing levels and specifics of cuts to social safety net programs and increases for military spending.

Both budgets aim to eliminate deficits within 10 years with no new tax revenues, but the House version claims to achieve that a year sooner, in 2024. The Senate version includes more restrictions on an increase in off-budget war funding aimed at supplementing Pentagon funding while nominally maintaining statutory spending caps.

The five House Republican "conferees" do not include any of the House Budget Committee's most conservative members, who had objected to efforts to boost war funding by about $38 billion without any offsetting savings. This forced a rare delay in the panel's vote to approve the budget and led Boehner to restore the funds through an amendment that he pushed through the House Rules Committee.

The Republican negotiators are led by Budget Committee Chairman Tom Price and include panel vice chairman Todd Rokita of Indiana, Diane Black of Tennessee, Mario Diaz-Balart of Florida and freshman Representative John Moolenaar of Michigan.

"In the days to come, we will sit down and discuss how to advance these positive solutions together in order to secure more economic growth and opportunity, hold Washington accountable, promote patient-centered health care, and ensure a strong national defense," Price said in a statement.

Democrats, who have their smallest House minority since 1947, named three negotiators: Chris Van Hollen, the top Democrat on the panel, John Yarmuth of Kentucky and Gwen Moore of Wisconsin. They will largely be relegated to trying to draw attention to spending cuts that hurt the poor

Senate Republican leaders are expected to name negotiators later this week, party aides said.

The timeline for completing the budget, Congress' first since 2009, has slipped since Price and Senate Budget Committee Chairman Mike Enzi launched informal talks during a two week Easter/Passover break. They initially aimed to have a budget passed by a Wednesday deadline, but Enzi told reporters it would likely be at least next week.

"There are a lot of details, and yes we've worked out a lot of them, but we've got a lot to go," Enzi said.

© Reuters. U.S. House Speaker John Boehner (R-OH) speaks at a news conference on Capitol Hill in Washington

(This version of the story corrects first name of Senate Budget Committee Chairman Mike Enzi in paragraph 9)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.