|House Meets At:||First Vote Predicted:||Last Vote Predicted:|
12:00 p.m.: Morning Hour
|6:30 p.m.||7:30 p.m.|
**Following one minute speeches, the House is expected to recess until approximately 4:00 p.m. At that time, the House will reconvene and begin consideration of H.R. 1872, Members are advised that this is a change from the Republicans’ previously announced schedule. Following debate, the House will consider the three bills list for consideration under suspension of the Rules. Any recorded votes requested will be postponed until 6:30 p.m.
H.R. 1872 – Budget and Accounting Transparency Act of 2014 (Rep. Garrett – Budget/Oversight and Government Reform) (One Hour of Debate). This bill would make a controversial change to the way federal loans and loan guarantees are calculated by the Congressional Budget Office (CBO), inflating their projected costs to the federal budget. This shift, from calculating the loan’s credit subsidy to a “fair value” market-based risk calculation, would make loan programs appear more expensive and therefore more difficult to offset.
In addition, it would require that Fannie Mae and Freddie Mac be incorporated into the federal budget and that departments and agencies make publicly available the budget justifications used to prepare their annual budget request. Despite its claims, this bill will not make the budget process more efficient and will not do anything to reduce the deficit.
The Rule, which was adopted last week, provides for a closed Rule and one hour of general debate.
Suspensions (3 bills)
- H.R. 3470 – Taiwan Relations Act Affirmation and Naval Vessel Transfer Act of 2014, as amended (Rep. Royce – Foreign Affairs)
- S. 404 – Green Mountain Lookout Heritage Protection Act (Sen. Murray – Natural Resources)
- H.R. 4323 – Debbie Smith Reauthorization Act of 2014 (Rep. Goodlatte – Judiciary)
The GOP Leadership has announced the following schedule for Tuesday, April 8: The House will meet at 12:00 p.m. for legislative business. The House is expected to consider H.R. 1871 – Baseline Reform Act of 2013 (Rep. Woodall/Gohmert – Budget). The House is also expected to begin consideration of H.Con.Res. 96 – Establishing the budget for the United States Government for fiscal year 2015 and setting forth appropriate budgetary levels for fiscal years 2016 through 2024 (Rep. Ryan (WI) – Budget) (Subject to a Rule).
|The Daily Quote|
"Aside from Democratic attacks on Ryan's spending proposal, one thing to watch this week is how much support it gets from his own party's conservatives. The deadline for the House to act on a budget is April 15. But no one—even Ryan—really expects his budget to become law. Congressional appropriators on both sides of the Capitol are already working on spending bills based on the already-agreed-upon spending levels that Ryan and Senate Budget Chair Patty Murray worked out in December. Nevertheless, Ryan's budget is expected to goose some intense political back-and-forth... Among other things, it calls for repeal of the Affordable Care Act (though it would still use some of its more than $700 billion in Medicare savings) to help achieve a cut of $5.1 trillion in spending to get to a balanced budget by 2024. And while adhering to the overall spending levels and the split between discretionary nondefense and defense allotments in the Ryan-Murray deal, the bill ultimately pushes higher defense spending later, along with cuts and changes to Medicare, Medicaid, food stamps, and other social-safety-net programs. Entering this week, there remained concerns from some House conservatives about the spending levels—62 Republicans had voted against the deal Ryan worked out with Murray."
- National Journal, 4/6/2014