Budget Battles
-
New Poll Finds Liberals and Conservatives Agree: Tax the Super-Rich
-
Biden Vows US Will Pay to Rebuild Collapsed Baltimore Bridge
-
How Congress Wasted ‘Months of Precious Time’ on the 2024 Spending Bills
-
Senate Struggles to Avert Shutdown, Speaker Johnson Faces Revolt
-
Long-Delayed $1.2 Trillion Spending Package Zooms to the Finish Line
-
Debt Will Hit Record High This Decade, CBO Warns
-
Congress Races Against the Clock to Avoid Shutdown
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
Republicans Consider Seizing Russian Assets to Pay for Ukraine Aid
By Michael RaineyPressure is rising on House Speaker Mike Johnson to figure out a way to provide military aid to Ukraine and Israel. Johnson told Politico’s Olivia Beavers Thursday that aid packages for Ukraine and...
-
After Spending Millions on Development, US Navy Pulls the Plug on Railgun
By Michael RaineyThe Navy has been working for more than a decade on a futuristic weapon that would fire projectiles at more than seven times the speed of sound, powered by electricity. The Navy seriously considered...
-
Deficit Will Hit $3 Trillion — Again — This Year
By Michael RaineyThe U.S. federal budget deficit will come to $3 trillion in fiscal year 2021, according to the latest estimate from the Congressional Budget Office. The new projection is about a third higher than...
-
4 Ways the Battle Over Infrastructure Could Play Out
By Michael RaineyThere are a lot of moving parts as Congress attempts to write and pass a massive infrastructure package. With tensions running high in Washington, there’s a good chance that things may not turn out...
-
Bipartisan Infrastructure Plan Would Reduce the National Debt and Increase Growth: Analysis
By Michael RaineyThe bipartisan infrastructure plan backed by President Joe Biden would modestly increase domestic output and reduce the national debt over the next several decades, according to an analysis from the...
-
Biden’s Big Infrastructure Deal Relies on ‘Pixie Dust’
President Joe Biden faces a pair of thorny math problems in trying to enact his infrastructure agenda. The first, amply covered by the political press, is simply securing enough votes to ensure that...