1 Memorandum To: Senate Colleagues From: Senator Patty Murray (D-WA) and Senate Budget Committee majority staff Re: Where we stand heading toward upcoming budget cliffs and beginning work on a Senate budget resolution Date: January 24, 2012 ---Part I: Two Years of Bipartisan Deficit Reduction: $2.4 Trillion, Mostly Spe
CRS Report for Congress Prepared for Members and Committees of Congress The Budget Control Act of 2011: Effects on Spending Levels and the Budget Deficit Marc Labonte Specialist in Macroeconomic Policy Mindy R. Levit Analyst in Public Finance September 16, 2011 Congressional Research Service 7-5700 www.crs.gov R42013 T
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