Budget Battles
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Trump Woos Wealthy Donors With Promises of Huge Tax Cuts
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Republicans Block Bipartisan Border Bill a Second Time
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Biden Cancels Billions More in Student Loan Debt
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‘A Large and Costly Mistake’: Unions Slam Trump Tax Cuts
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Senate Tees Up Another Doomed Vote on Border Bill
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The 2025 Spending Fight Has Officially Begun — and It’s Going to Be Big
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Supreme Court Slaps Down Challenge to Consumer Watchdog
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Trump Woos Wealthy Donors With Promises of Huge Tax Cuts
By Michael RaineyFormer President Donald Trump has been busy with his criminal trial in Manhattan over the past few weeks, but he has still found the time to meet with donors in his quest to return to the White House...
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House Republicans Kick Off 2025 Spending Fight
As the House starts work on fiscal year 2025 spending bills, the Appropriations Committee on Thursday approved an overarching GOP plan for divvying up just over $1.6 trillion in discretionary funding...
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Republicans Block Bipartisan Border Bill in the Senate
By Michael RaineyThe Senate on Thursday failed for a second time to advance a border bill that would expand presidential power to restrict immigration, reduce the number of asylum claims and provide additional...
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SNAP Benefits Fail to Cover Food Costs Almost Everywhere in the US: Analysis
SNAP benefits, more commonly known as food stamps, were too low to help families afford food across most of the country last year, according to a new analysis published by the Urban Institute and the...
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Biden Announces Another $7.7 Billion in Student Loan Cancelation
By Michael RaineyThe Biden administration announced Wednesday that it is canceling another $7.7 billion in student loans held by 160,000 borrowers. The latest round of debt cancellation means the administration has...
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Biden to Release 1 Million Gallons of Gas as Summer Driving Season Begins
By Michael RaineyThe Biden administration announced plans Tuesday to release roughly 1 million barrels of gasoline from the nation’s reserve during the peak summer driving season between Memorial Day and the Fourth...
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Senate Heads for Another Doomed Vote on Bipartisan Border Bill
Memorial Day and the unofficial start of summer are rapidly approaching, but on Capitol Hill, the season of messaging bills is already in full swing. This week, the Senate will once again consider a...
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House Releases $1.5 Trillion Farm Bill, Teeing Up Duel With Senate
By Michael RaineyLawmakers in the House released a long-awaited $1.5 trillion farm bill on Friday, kicking off an effort to complete one of the few remaining major pieces of legislation left in the current Congress...
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The 2025 Spending Fight Has Officially Begun — and It’s Going to Be Big
November’s presidential election looms over the appropriations process for 2025, as members of Congress will want to wait to see who wins the White House and which party can exert leverage over...
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Supreme Court Rejects Challenge to CFPB Funding Mechanism
The Supreme Court on Thursday rejected a constitutional challenge to the way the Consumer Financial Protection Bureau is funded, delivering a blow to the agency’s right-wing critics and handing a win...
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Facing Right-Wing Revolt Over Foreign Aid Plan, Johnson Says He Won't Resign
House Speaker Mike Johnson insisted Tuesday that he will not give up his gavel after a second member of his Republican conference called for his ouster, joining in a revolt by Georgia Rep. Marjorie...
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Nearly 1 in 4 of Those Removed From Medicaid Now Uninsured
By Michael RaineyMillions of Americans have been removed from state-level Medicaid programs over the last year, following the official end of the Covid-19 pandemic and the return to pre-pandemic rules governing...
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Johnson Unveils Plan for Aid to Israel, Ukraine
Iran’s unprecedented direct attack on Israel this weekend has ramped up the pressure on Speaker Mike Johnson to decide on a path forward for foreign aid funding that has been stalled in the House for...
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Former Biden Administration Economists Launch New Budget Lab
A huge tax fight is looming as a slew of 2017 Republican tax cuts are scheduled to expire at the end of 2025 — and, as Natasha Sarin writes at The Washington Post , the government’s budgetary...
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Biden Administration Forgives Another $7.4 Billion in Student Debt
By Michael RaineyPresident Joe Biden on Friday announced another round of student loan forgiveness, part of a piecemeal effort that has seen $153 billion in debt erased for 4.3 million borrowers. The latest round of...