Budget Battles
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Sniping Already Starting Over Baltimore Bridge Reconstruction Costs
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New Poll Finds Liberals and Conservatives Agree: Tax the Super-Rich
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Biden Vows US Will Pay to Rebuild Collapsed Baltimore Bridge
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How Congress Wasted ‘Months of Precious Time’ on the 2024 Spending Bills
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Senate Struggles to Avert Shutdown, Speaker Johnson Faces Revolt
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Long-Delayed $1.2 Trillion Spending Package Zooms to the Finish Line
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Debt Will Hit Record High This Decade, CBO Warns
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Sniping Already Starting Over Baltimore Bridge Reconstruction Costs
By Michael RaineyAlthough there’s no firm estimate yet on the cost of rebuilding the collapsed Francis Scott Key Bridge in Baltimore, some details are beginning to trickle in, along with hints of the political...
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Rebuilding Baltimore Bridge ‘Will Not Be Quick or Easy or Cheap,’ Buttigieg Says
A day after President Joe Biden said the federal government would foot the bill for rebuilding the collapsed Francis Scott Key Bridge in Baltimore, Transportation Secretary Pete Buttigieg told...
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Biden Says Federal Government Will Pay for New Bridge in Baltimore
By Michael Rainey -
How Congress Wasted ‘Months of Precious Time’ Passing 2024 Spending Bills
The Senate passed a $1.2 trillion, six-bill spending package just after 2 a.m. on Saturday and President Joe Biden signed it later that day, ending an unusually drawn-out process of funding the...
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Senate Struggles to Avert Shutdown as Speaker Johnson Faces Revolt
The House on Friday narrowly passed a $1.2 trillion funding package that would avert a government shutdown at midnight, sending the legislation to the Senate with just hours to go before the deadline...
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Long-Delayed $1.2 Trillion Spending Package Zooms to the Finish Line
Nearly six months into the fiscal year, and less than 48 hours before a government shutdown deadline, congressional leaders on Thursday released their final package of 2024 annual spending bills. The...
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House Republican Caucus Calls for Raising the Social Security Retirement Age
By Michael RaineyThe Republican Study Committee, the largest conservative caucus in the House, released on Wednesday a 2025 budget proposal that would slash healthcare spending, raise the Social Security retirement...
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Congress and White House Reach Funding Deal. Now the Race Is On to Pass It.
They have a deal. Now they just need the votes. President Joe Biden and congressional leaders announced Tuesday morning that they had reached an agreement on the contentious appropriations bill for...
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Border Battle Pushes Congress Toward a Shutdown
Congressional lawmakers have until midnight Friday to pass a package of spending bills needed to keep large portions of the government from shutting down, but a lengthy dispute over funding for the...
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Biden Calls on Congress to Pass Ukraine Aid
By Michael RaineyAt an early St. Patrick’s Day event with the Irish prime minister and officials including House Speaker Mike Johnson, President Joe Biden called on Congress to pass the foreign aid package that would...
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Republicans Say Schumer's Infrastructure Vote Will Fail
President Joe Biden’s economic agenda may be hanging in the balance this week as Senate Majority Leader Chuck Schumer (D-NY) looks to force a test vote on a bipartisan infrastructure bill that is...
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Schumer Rushes Unwritten Infrastructure Package to a Vote
Chuck Schumer is playing hardball. The Senate majority leader on Thursday said the Senate will vote to begin debate on the bipartisan infrastructure package on Wednesday, setting a deadline for the...
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Democrats Eye Major Expansion of Medicare Coverage
By Michael RaineyThe $3.5 trillion budget blueprint agreed to by Democrats on the Senate Budget Committee reportedly includes vision, dental and hearing coverage through Medicare – a major change for the program that...
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Political Strife and Rising Debt Could Damage America’s Credit Rating: Fitch
By Michael RaineyAmerica’s political dysfunction and rising debt could tarnish the country’s perfect AAA credit rating, Fitch Ratings said this week. “The U.S. sovereign rating is supported by structural strengths...
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Child Tax Credit Payments Arrive for Millions of Families
By Michael RaineyDirect payments for the child tax credit began flowing Thursday, with millions of American families receiving their first monthly payments worth as much as $300 per child. The Treasury Department...