debt limit Archives - Oak Ridge Today

Fleischmann, DesJarlais, Duncan vote ‘no’ on bill to reopen government, raise debt limit

Posted at 8:06 am October 17, 2013
By John Huotari Leave a Comment

Barack Obama and House Democratic Leaders

President Barack Obama meets with House Minority Leader Nancy Pelosi and other members of the House Democratic leadership in the Oval Office on Oct. 15. (Official White House photo by Pete Souza)

The epic budget battle that resulted in the first U.S. government shutdown in 17 years and led the nation to the brink of default again ended late Wednesday.

President Barack Obama signed the legislation reopening the federal government and raising the debt ceiling early Thursday morning, a few hours after it passed the House and Senate, and federal workers were told to report to work Thursday, ending a 16-day shutdown.

“We’ll begin reopening our government immediately,” Obama said in remarks before the House passed the bill. “And we can begin to lift this cloud of uncertainty and unease from our businesses and from the American people.”

Officials at the U.S. Department of Energy and National Nuclear Security Administration weren’t immediately available to comment early Thursday morning on the impact on federal facilities in Oak Ridge, where workers have been preparing for shutdowns and furloughs, including at Oak Ridge National Laboratory and Y-12 National Security Complex.

Chuck Fleischmann

Senators Lamar Alexander and Bob Corker, both Tennessee Republicans, voted for the last-minute, short-term agreement, which keeps the government open through Jan. 15 and raises the federal government’s debt ceiling through Feb. 7.

Tennessee’s two Democratic representatives also voted for it, while all seven Republican representatives—including East Tennessee congressmen Chuck Fleischmann, John J. Duncan Jr., and Scott DesJarlais—voted against it. [Read more…]

Alexander, Corker vote to end shutdown, prevent default

Posted at 11:15 pm October 16, 2013
By John Huotari 3 Comments

Lamar Alexander

Bob Corker

Tennessee’s two U.S. senators voted Wednesday to reopen the federal government and raise the nation’s debt limit, a deal likely to have a major impact in Oak Ridge, where federal facilities and contractors had been preparing for possible shutdowns and furloughs.

The last-minute agreement keeps the government open through Jan. 15 and raises the federal government’s debt ceiling through Feb. 7, avoiding a default for now. The bill was approved 81-18 in the U.S. Senate and 285-144 in the House of Representatives.

Senators Lamar Alexander and Bob Corker, both Tennessee Republicans, voted for the legislation. A statement from Rep. Chuck Fleischmann’s office did not say whether the congressman voted for or against the bill.

President Barack Obama said he would sign the bill immediately and begin reopening the government immediately, ending the 16-day shutdown.

More information will be added as it becomes available.

With Y-12 furloughs pending, union leader, activists to urge Congress to resolve fiscal disputes

Posted at 4:36 pm October 14, 2013
By John Huotari Leave a Comment

Y-12 National Security Complex Aerial View

Thousands of furloughs are expected at the Y-12 National Security Complex later this week, and on Tuesday, a union leader and political activists will urge Congress to reopen the federal government, pays the nation’s bills, and “get back to work.” An aerial view of Y-12 is pictured above. (Photo courtesy B&W Y-12)

Thousands of furloughs are expected at the Y-12 National Security Complex later this week, and on Tuesday, a union leader and political activists will urge Congress to reopen the federal government, pay the nation’s bills, and “get back to work,” a press release said.

Steve Jones, president of the Atomic Trades and Labor Council, will be the featured speaker at a 10:30 a.m. Tuesday press conference organized by Organizing for Action. The press conference is at the ATLC union hall at 109 Viking Road in Oak Ridge.

Y-12 started an “orderly shutdown” on Monday, Oct. 7, because Congress has not passed a budget in the fiscal year that started Oct. 1. The press release said Y-12 will go into a safe and secure shutdown mode on Thursday, and only essential personnel—about 900 people, with half of them being security forces—will remain. [Read more…]

Alexander, Corker vote against 14-month debt limit increase

Posted at 8:50 am October 14, 2013
By John Huotari 3 Comments

Lamar Alexander

Bob Corker

Tennessee’s two U.S. senators both voted on Saturday against raising the nation’s debt limit for 14 months, and Congress remained at an impasse over reopening the government and preventing the nation’s first default on its debt.

“The bill we considered today would have raised the debt ceiling for more than a year without implementing the spending restraints Congress needs to force us to deal with our fiscal issues, so I couldn’t support it,” Sen. Bob Corker said in a statement Saturday. “I’m optimistic that bipartisan discussions in the Senate will eventually produce a solution that reopens the government and strengthens our country fiscally.”

“I voted against a 14-month increase of the debt limit that took no steps to reduce out-of-control mandatory spending,” Sen. Lamar Alexander said.

Alexander and Corker are both Tennessee Republicans. [Read more…]

Federal contractors, agencies consider shutdowns, furloughs as funding dispute drags on

Posted at 10:42 am October 9, 2013
By John Huotari Leave a Comment

The U.S. Department of Energy will soon start shutting down nonessential operations, resulting in employee and contractor furloughs, unless Congress passes a spending bill. Pictured above is DOE’s Oak Ridge Office at the Joe L. Evins Federal Building.

Furloughs possible at DOE, UCOR, other federal contractors; some SAIC employees on leave

The government shutdown is now in its second week, and the U.S. Department of Energy could start shutting down nonessential operations soon—resulting in employee and contractor furloughs—unless Congress quickly approves a spending bill, officials said Tuesday.

Federal contractors with operations in Oak Ridge are also considering possible shutdowns and furloughs because congressional Democrats and Republicans have failed to reach an agreement on a spending bill to keep the government operating in the fiscal year that began Oct. 1.

In a Tuesday message to employees, UCOR President Leo Sain said the company, the government’s cleanup contractor in Oak Ridge, has not been told to shut down yet. [Read more…]

Alexander, Corker vote against bill to increase debt limit

Posted at 7:39 pm February 1, 2013
By Oak Ridge Today Staff 2 Comments

Lamar Alexander

Bob Corker

U.S. senators Lamar Alexander and Bob Corker, both Tennessee Republicans, on Thursday voted against H.R. 325, the House-passed debt limit bill, and urged Congress to focus on reforming Medicare, Medicaid, and Social Security, a press release said.

“I voted against this bill because it raises the debt ceiling without taking steps to reduce the debt,” Alexander said. “Sen. Corker and I have introduced legislation that would reduce entitlement spending by nearly $1 trillion in exchange for the president’s expected request to increase the debt ceiling.”

[Read more…]

Corker, Alexander propose dollar-for-dollar spending, debt limit plan

Posted at 1:58 pm December 30, 2012
By John Huotari 2 Comments

Tennessee senators Bob Corker and Lamar Alexander have introduced a plan to reduce the growth in federal entitlement spending by almost $1 trillion in exchange for increasing the nation’s debt limit by $1 trillion, possibly this spring.

The Dollar for Dollar Act of 2012 would reduce the growth in spending on Medicare, Medicaid, and Social Security, according to a statement posted on Corker’s website. Most of the spending reductions—$689 billion—would come from Medicare reform.

Corker and Alexander seemed confident that Congress and the White House would reach a deal in the so-called “fiscal cliff” negotiations, a high-stakes debate that has dragged on for weeks over how to avoid automatic spending cuts and tax increases starting Jan. 1.

“When the dust settles, federal income taxes will not increase for almost all Americans next year,” Corker and Alexander said.

The two Republicans said their dollar-for-dollar plan “focused on helping Americans avoid falling off the fiscal cliff no one wants to talk about, the looming bankruptcy of Medicare.”

[Read more…]

Fleischmann, DesJarlais, Duncan vote ‘no’ on bill to reopen government, raise debt limit

Alexander, Corker vote to end shutdown, prevent default

With Y-12 furloughs pending, union leader, activists to urge Congress to resolve fiscal disputes

Alexander, Corker vote against 14-month debt limit increase

Federal contractors, agencies consider shutdowns, furloughs as funding dispute drags on

About Us

How To

Contact Us