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Tuesday, December 10, 2013

The U.S. Congressional Budget Package Agreed


The U.S. Congressional Budget Package Agreed

Members of the Senate and House of Representatives ( DPR ) United States ( U.S. ) on Tuesday announced a deal on the state budget package . This agreement is designed to prevent the temporary closure ( shutdown ) government services while providing stability to fiscal policy Congress over the next two years .

Senator Patty Murray Democrat and member of the U.S. House Republican Paul Ryan managed to compile this package after a closed-door negotiations for several weeks . According to them , this budget would increase spending in domestic programs and defense for the short term . To offset these expenses , this package also will implement deficit cutting measures , which will be valid for ten years .

Ryan Murray - Package will be submitted for approval of the House of Representatives and the U.S. Senate in the next few days . This budget package is a major change to the U.S. budget package in 2011 launched the 10th annual savings , including the overall budget cuts , dubbed " sequester " .

Package Murray - Ryan answered concerns some members of the U.S. Congress , which is worried that the next round sequester too large and imprecise pemangkasannya post . The next round is scheduled budget would cut domestic programs and defense 2014 to $ 967 billion , after $ 986 billion this year .

The new deal also raised its target budget be $ 1.012 trillion in 2014 and $ 1.014 trillion in 2015 .

To offset the increased expenditure , the package Murray - Ryan offer a variety of changes in order to boost state revenues . Sectors affected include federal employee retirement programs and the military . The package also will attract higher rates of airline passengers in the U.S. . ( WSJ )

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