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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat's in the spending Bill? WP Skims it (nicely summarized rundown)
ABORTION:
The bill once again bans using federal funding to perform most abortions; blocks the use of local and federal funding for abortions in the District of Columbia; and blocks the use of federal dollars for abortions for federal prisoners. Republicans say that there's also new language directing the secretary of health and human services to ensure that consumers shopping for health-care coverage on the federal exchange can tell whether a plan covers abortion services.
AFFORDABLE CARE ACT:
The law is still funded, but there's no new money for it. There's also no new ACA-related funding for the Internal Revenue Service and the Centers for Medicare and Medicaid Services, the two agencies most responsible for implementing the law. The bill also would cut the budget of the Independent Payment Advisory Board -- what Republicans have called "the death panel" -- by $10 million.
. . .
CAMPAIGN FINANCE:
The bill would dramatically expand the amount of money that wealthy political donors could inject into the national parties, drastically undercutting the 2002 landmark McCain-Feingold campaign finance overhaul. Bottom line: A donor who gave the maximum $32,400 this year to the Democratic National Committee or Republican National Committee would be able to donate another $291,600 on top of that to the partys additional arms -- a total of $324,000, ten times the current limit. Read more on this here.
. . .
DODD-FRANK:
Democrats agreed to make some of the biggest changes yet to the 2010 financial regulatory reforms. In a deal sought by Republicans, the bill would reverse Dodd-Frank requirements that banks "push out" some of derivatives trading into separate entities not backed by the Federal Deposit Insurance Corporations. Ever since being enacted, banks have been pushing to reverse the change. Now, the rules would go back to the way they used to be. But in exchange, Democrats say they secured more money for the enforcement budgets at the Commodity Futures Trading Commission and the Securities and Exchange Commission.
The bill once again bans using federal funding to perform most abortions; blocks the use of local and federal funding for abortions in the District of Columbia; and blocks the use of federal dollars for abortions for federal prisoners. Republicans say that there's also new language directing the secretary of health and human services to ensure that consumers shopping for health-care coverage on the federal exchange can tell whether a plan covers abortion services.
AFFORDABLE CARE ACT:
The law is still funded, but there's no new money for it. There's also no new ACA-related funding for the Internal Revenue Service and the Centers for Medicare and Medicaid Services, the two agencies most responsible for implementing the law. The bill also would cut the budget of the Independent Payment Advisory Board -- what Republicans have called "the death panel" -- by $10 million.
. . .
CAMPAIGN FINANCE:
The bill would dramatically expand the amount of money that wealthy political donors could inject into the national parties, drastically undercutting the 2002 landmark McCain-Feingold campaign finance overhaul. Bottom line: A donor who gave the maximum $32,400 this year to the Democratic National Committee or Republican National Committee would be able to donate another $291,600 on top of that to the partys additional arms -- a total of $324,000, ten times the current limit. Read more on this here.
. . .
DODD-FRANK:
Democrats agreed to make some of the biggest changes yet to the 2010 financial regulatory reforms. In a deal sought by Republicans, the bill would reverse Dodd-Frank requirements that banks "push out" some of derivatives trading into separate entities not backed by the Federal Deposit Insurance Corporations. Ever since being enacted, banks have been pushing to reverse the change. Now, the rules would go back to the way they used to be. But in exchange, Democrats say they secured more money for the enforcement budgets at the Commodity Futures Trading Commission and the Securities and Exchange Commission.
THE REST:
http://www.washingtonpost.com/blogs/post-politics/wp/2014/12/09/whats-in-the-spending-bill-we-skim-it-so-you-dont-have-to/
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What's in the spending Bill? WP Skims it (nicely summarized rundown) (Original Post)
Triana
Dec 2014
OP
I'm glad there will be more money for wall street enforcement. Can't get enough of that nt
okaawhatever
Dec 2014
#2
okaawhatever
(9,461 posts)2. I'm glad there will be more money for wall street enforcement. Can't get enough of that nt
B Calm
(28,762 posts)3. Is there something about marijuana legalization in DC too?