Obama Budget Will Add $8.3 Trillion to Debt

Budget would increase taxes by $1.8 trillion
AP

President Barack Obama’s budget for fiscal year 2015 will add $8.3 trillion to the debt and hike taxes by $1.8 trillion, according to a joint analysis by Republicans on the Senate and House Budget Committees.

Dem Backs Off Support for Amendment Saving Military Pensions

Update: Levin says he cannot support closing loophole ending welfare for illegal immigrants
Senate Armed Services Committee Chairman Carl Levin

Sen. Levin now says he does not support Sen. Ayotte’s bill due to its closing of the loophole that allows illegal immigrants to receive tax credits. Levin’s office said he supports eliminating pension cuts to military retirees, but was unaware of how Ayotte’s legislation offset the cuts.

His spokesman told the Hill: “Sen. Levin would support legislation to repeal the military pension cuts if such an amendment didn’t endanger underlying legislation and if he supported the offset. He doesn’t support the offset in Sen. Ayotte’s legislation, so he couldn’t offer support for her legislation.”

Jeff Sessions Questions Value of NEH Grants

Projects about the 'meaning of life' and 'why people are bad' inappropriate in today's fiscal environment
Sens. Jeff Sessions (R., Ala.) and John Barrasso (R., Wyo.) / AP

A top Republican Senator is probing grant awards by the National Endowment of the Humanities (NEH) that supported academic work on esoteric topics such as “What is the meaning of life?”

Immigration Reform Will Decrease Wages

Immigration bill will sharply increase number of temporary workers, study finds
Immigration rally in Minnesota / AP

The immigration reform bill currently under consideration in the Senate would increase the number of temporary workers in the United States by 1.6 million the year immediately after it passes, according to a report by the Center for Immigration Studies (CIS).

Leading Republicans Reject Gang of 8 Deal

Sens. Cruz, Grassley, Sessions, and Lee announce opposition to immigration reform legislation
Immigration march in Los Angeles / AP

Sens. Ted Cruz (R., Texas), Chuck Grassley (R., Iowa), Jeff Sessions (R. Ala.), and Mike Lee (R., Ariz.) sent a letter to their colleagues on Tuesday opposing the immigration reform legislation proposed by the Gang of Eight after the Senate Judiciary Committee rejected their amendments.