Budget Battles
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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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Inflation Eases in April, Lifting Hopes for a Soft Landing
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Biden Jacks Up Tariffs on $18 Billion in Chinese Imports
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Trump Promises New Tax Cuts for Everyone
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Biden White House Lays Out Plan for Coming Tax Showdown
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Trump Tax Cut Extension Would Cost $4.6 Trillion: CBO
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Will Democrats Save Kevin McCarthy?
Florida Republican Rep. Matt Gaetz indicated again on Monday that he will move this week to force a vote on ousting House Speaker Kevin McCarthy. Gaetz, who has long been highly critical of the...
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Trump Impeached Again: What's Next?
The House on Wednesday impeached President Trump for the second time in 13 months, this time for “incitement of insurrection” for his role in trying to overturn the results of the election and...
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After the Capitol Attack: What Happens Next
The fallout from Wednesday’s chaos at the Capitol continued Thursday — and will likely be felt for some time. Here are the top developments: Congress certifies election, Trump says he will leave:...
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How Do We Respond to the Trump Insurrection?
Today, January 6, 2021, is a date which will live in infamy, to borrow President Franklin Delano Roosevelt’s words after Pearl Harbor was attacked in 1941. Only today’s horrifying attack on American...
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Factbox: What happens in a U.S. government shutdown?
By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, ReutersIn shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...
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Delaware Sues Opioid Manufacturers, Distributors Over Epidemic
By Nate Raymond, Reuters(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making,...
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Trump Vows to Campaign Intensively for Republicans, May Avoid Primaries
By James Oliphant, ReutersWASHINGTON (Reuters) - President Donald Trump said on Wednesday that he plans to devote much of his time this year to helping Republicans maintain control of the U.S. Congress, but suggested he may...
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Trump Tries to Sell Tax Reform to Democrats
By David Morgan, ReutersWASHINGTON (Reuters) - President Donald Trump intensified his efforts to sell Democrats on his tax reform plan on Wednesday even as Senate Republicans edged closer to passing a budget measure that...
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Trump's drug czar nominee withdraws from consideration
By Sarah N. Lynch and Makini Brice, ReutersWASHINGTON (Reuters) - The U.S. lawmaker who was President Donald Trump's pick for drug czar withdrew on Tuesday after a report he spearheaded a bill that hurt the government's ability to crack down...
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Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform
By David Morgan, ReutersWASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform...
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Wild About Tax Cuts, Wall Street Forgets Its Deficit Worries
Max Abelson at Bloomberg Businessweek details how the titans of Wall Street and others in finance — think Goldman Sachs CEO Lloyd Blankfein, JPMorgan Chase’s Jamie Dimon, Bank of America’s Brian...
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Paul Ryan: We Will Raise the Debt Ceiling and There Will Be No Default
By Jacob Pramuk, CNBCHouse Speaker Paul Ryan on Thursday insisted the United States will raise the debt ceiling before it defaults, ahead of a looming political fight. "We will pay our debts and we will make the debt...
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Here’s What Happens If Congress Fails to Raise the Debt Ceiling
By Michael RaineyWhat happens if Congress fails to raise the debt limit? A new report from the Bipartisan Policy Center examines that question in detail, and the results aren’t pretty. Here are some highlights — or...
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Where’s Trump on Tax Reform Push?
The push to promote tax reform to the public is on in force: House Speaker Paul Ryan talked about it at a visit to Intel yesterday and again today at Boeing in Everett, Washington. House Republicans...
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Food Stamp Use Is Falling, and So Is the Cost
By Michael RaineyFewer Americans are using food stamps as the economy continues to chug along.