The Norman Transcript

Headlines

March 23, 2013

Senate Democrats near approval on budget deal

(Continued)

WASHINGTON —

Murray combines $975 billion in unspecified tax increases with net cuts in spending of $875 billion to replace the automatic cuts. The plan promises a $693 billion deficit in 2014, dropping to the $400 billion range for the middle years of the decade. While large, such deficits would hover just above 2 percent of gross domestic product, a level that many analysts see as economically sustainable.

All told, the slashing House budget projects $4 trillion more in deficit cuts than the Murray plan, but only by assuming cuts to Medicaid, food stamps and farm programs, among others — and cutting domestic agency spending covering such areas as education, the FBI, NASA and housing subsidies by almost 20 percent next year.

The Democratic plan sticks to agency budget “caps” set in the 2011 deal and leaves safety-net programs for the poor virtually alone. Its cuts to the rapidly spiraling Medicare program are limited to health care providers and are less stringent than those proposed by Obama.

“The Senate budget puts forward serious, responsible deficit reduction that reflects the recommendations of bipartisan experts, and the values and priorities of the American people,” Murray said.

Senate Republicans did not draft a budget plan of their own, though 40 of them voted for the House GOP measure. Instead, they focused their fire on the Democratic version, saying it does nothing about the rapidly rising costs of Medicare and other benefit programs, while allowing the national debt to reach $24.4 trillion by 2023.

“In addition to having these huge tax increases — the biggest in the history of the country — this budget also has huge spending,” said Sen. Rob. Portman, R-Ohio. “The spending is actually an increase when you wipe away all the gimmicks.”

For local news and more, subscribe to The Norman Transcript Smart Edition, or our print edition.

Text Only | Photo Reprints
Headlines
  • Braddy_1. Norman North teen struck by freight train recovering with therapy

    A Norman North teen struck by a freight train in May is on the road to recovery and ready to get back to school after spending most of his summer in a hospital. Harrison Braddy, 16, has been staying busy with rehab and physical therapy ...

    July 28, 2014 1 Photo

  • Storm victims face loan dilemma

    The tornadoes, flooding and hail that struck Oklahoma last year left hundreds of millions of dollars in property damage, causing many home and business owners to seek help in the form of low-interest federal loans....

    July 27, 2014

  • Teen critical after rescue

    A 17-year-old Yukon male was transported to the hospital Sunday after a near drowning incident at Lake Thunderbird in the Party Cove area. Emergency crews responded to the lake after a report of a possible drowning around 5:30 p.m. ...

    July 27, 2014

  • Migrant kids go to Mass

    The services have all the elements of a typical Sunday Mass — singing, scripture, a sermon, prayers, communion and worship....

    July 27, 2014

  • Injury accident reported

    Transcript Staff Emergency crews responded to an injury accident around 10:20 p.m. Sunday in the 1000 block of 80th Avenue Southeast where there were reports of someone pinned. Several reports indicated a vehicle struck a tree causing one ...

    July 28, 2014

  • Photo Slideshow: James Garner through the years

    Photos of James Garner...

    July 27, 2014

  • Prisons expand reach to bring training to more officers

    McALESTER — Joshua Drake once was offered the chance to be a corrections officer but turned it down because he didn’t want to leave his wife and aging parents for six weeks to train hundreds of miles away in El Reno....

    July 27, 2014

  • SWIMMER Aquatic center could serve many community needs

    Michael Yoch could have been the kid with asthma sitting on the sidelines — could have been, but wasn’t. Michael had trouble running because of his asthma, which made it difficult to play soccer and many other sports his friends loved. ...

    July 27, 2014 1 Photo

  • Director leaves decade of memories

    Maureen Dolan is giving up the post as director of St. Joseph’s Early Childhood Development Center, fondly called “St. Joe’s” by the many parents whose pre-school children have spent their weekdays under her care over the past 10 years....

    July 27, 2014

  • Health officials prepare for flu

    OKLAHOMA CITY — Following a flu season in which a record number of Oklahomans died as a result of the virus, state and county health officials say educating the public and general common sense are vital to reducing both the death rate and ...

    July 27, 2014