Daily Leader
HOUSE MEETS AT: FIRST VOTE PREDICTED: LAST VOTE PREDICTED:
10:00 a.m.: Morning Hour
12:00 p.m.: Legislative Business

Fifteen “One Minutes”
5:00 – 5:30 p.m. 5:30 – 6:00 p.m.
 
Suspension (1 bill)
  1. H.J.Res. 2Proposing a balanced budget amendment to the Constitution of the United States (Rep. Goodlatte – Judiciary) (Four hours of debate).  H.J.Res. 2 is being brought to the Floor as part of a deal Speaker Ryan made with the House Freedom Caucus so they would not block the budget caps deal earlier this year.
Democrats support responsible measures to get our long-term budget outlook in check. H.J.Res. 2 does not do that; it is a political stunt that is meant for Republicans to appear to care about fiscal responsibility. Instead, it is an extreme and dangerous proposal that would potentially force cuts to Social Security, Medicare, and Medicaid by requiring a three-fifths vote to run a deficit, regardless of recessions or major disasters. 

Ironically, Republicans are pushing this proposal the same week in which the Congressional Budget Office released its new baseline projection showing massive new deficits resulting from Republican policies, nearly entirely from their tax law.  Under CBO’s projections, with no changes to their tax law, H.J.Res. 2 would impose a cut to federal spending larger than the entire Medicare program if it were in effect for 2019.  Even President Trump’s own budget proposal stopped short of that level of cuts.

It would also make it more difficult to raise the debt limit in the future, even if a majority of Members support it. This would further promote the brinkmanship and uncertainty that has been pursued by Republicans during debt limit debates ever since they took the Majority in 2011. It would also limit Congress’ ability to respond to a national crisis, though it provides one sole exemption in the case of a declaration of war.
 
H.J.Res. 2 is purely ideological. The United States of America has never written specific fiscal policy preferences into the Constitution, which is what this resolution seeks to do. Members are urged to VOTE NO on H.J.Res. 2.

TOMORROW’S OUTLOOK

The GOP Leadership has announced the following schedule for Friday, April 13: The House will meet at 9:00 a.m. for legislative business.  The House is expected to complete consideration of H.R. 4790 – Volcker Rule Regulatory Harmonization Act (Rep. Hill – Financial Services).
 
THE DAILY QUOTE
“Retiring Tennessee Sen. Bob Corker (R) said his vote on the GOP tax law could be one of the worst of his career if estimates that it will add $1.9 trillion to deficits over a decade prove correct. ‘If it ends up costing what has been laid out here, it could well be one of the worst votes I’ve made,’ he said at a Senate Budget Committee hearing on the Congressional Budget Office (CBO) estimate that produced the figure… ‘None of us have covered ourselves in glory. This Congress and this administration likely will go down as one of the most fiscally irresponsible administrations and congresses that we’ve had,’ Corker said.”

    -     The Hill, 4/11/2018