Budget Battles
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House Republicans Pass Defense Bill Packed with Culture War Policies
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Trump Promises CEOs Another Tax Cut
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Price Hikes Ease in May, Raising Hopes in Battle on Inflation
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Surprisingly Strong US Economy Is Powering Global Growth: World Bank
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White House Slams Republican Tax Cut Plans
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Blockbuster Jobs Report Sends Mixed Message to the Fed
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Trump Tax Cut Extension Won't Pay for Itself: Analysis
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House Republicans Pass Defense Bill Packed with Culture War Policies
The House passed an $895 billion defense policy bill on Friday, narrowly approving a measure that Republicans loaded with controversial culture war amendments via a largely party-line vote that sets...
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G7 Nations Agree on $50 Billion Loan for Ukraine, Backed by Russian Assets
By Michael RaineyLeaders from the Group of Seven nations meeting in southern Italy have agreed to provide a $50 billion loan to Ukraine to help the country defend itself against the ongoing Russian invasion that...
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Biden Announces $225 Million in Aid to Ukraine, Apologizes for Funding Delay
President Joe Biden offered a forceful defense of democracy Friday in a speech in Pointe du Hoc, France, where U.S. Army Rangers doggedly battled their way to the top of cliffs 80 years ago to...
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House Republicans Speed Toward a New Spending Fight
House Republicans are speeding ahead with plans to pass spending bills for fiscal year 2025 on an aggressive timetable — and in a fashion that sets up another clash with Democrats, much like the...
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Biden’s New Border Clampdown Faces Legal, Funding Challenges
Saying that Republicans “have left me no choice,” President Joe Biden issued an executive order today that would bar most migrants entering between ports of entry from seeking asylum when illegal...
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Biden Threatens to Veto Military Construction and VA Spending Bill
By Michael RaineyThe White House said Monday that President Joe Biden would veto the House version of a bill funding military construction and the Department of Veterans Affairs for fiscal year 2025. The bill, which...
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Powerful GOP Senator Calls for Massive Surge in Defense Spending
By Michael RaineyThe U.S. accounts for about 40% of all defense spending in the world, but one leading Republican lawmaker is warning that isn’t enough to counter the threats the country now faces. Sen. Roger Wicker...
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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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Greene Eases Off Ouster Threat Against Johnson, but Issues Four Demands
Donald Trump may be spending much of his time in a New York courtroom these days — adult film actress Stormy Daniels took a salacious star turn testifying in the hush-money criminal case today — but...
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Speaker Johnson Meets With GOP Rebels, Will Continue Talks Tomorrow
House Speaker Mike Johnson met Monday with Reps. Marjorie Taylor Greene and Thomas Massie, the Republican hardliners who announced last week that they would seek to force a vote to oust him within...
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Biden Forgives Another $6 Billion in Student Loans
By Michael RaineyThe Biden administration on Wednesday announced it would erase roughly $6.1 billion in additional student loan debt. The latest round of debt forgiveness is specifically for 317,000 borrowers who...
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Marjorie Taylor Greene Says She’ll Force Vote to Oust Johnson
Republican Rep. Marjorie Taylor Greene announced Wednesday that she will force a vote next week on her motion to oust Speaker Mike Johnson, even as her odds of succeeding appear to be nil. Republican...
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Democratic Leaders Vow to Save Republican Speaker Mike Johnson
Congress may be done funding the government for the rest of the fiscal year and pushing through a major foreign aid package, but the fallout from those contentious spending bills isn’t over yet. With...