Budget Battles
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Trump Ratchets Up His Tariff Threats
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Trump Picks Project 2025 Architect to Oversee Budget
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Trump Taps Hedge Fund Mogul for Treasury Secretary
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Trump Picks a New Attorney General Nominee After Gaetz Withdraws
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Musk and Ramaswamy Outline Plan to Slash Federal Workforce
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Trump Picks TV’s Dr. Oz to Run Medicare and Medicaid
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Johnson Signals Plan for Looming Shutdown Deadline
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Experts Warn of a Coming Fiscal Crisis as Trump Prepares to Take Charge
By Eric PianinWith the Republicans’ new national agenda in a state of flux just a month before President-elect Donald Trump takes the oath of office, some budget and tax analysts are warning of a dimming fiscal...
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Both Trump and Clinton Would Drive the Federal Budget off a Cliff
By Rob GarverA new analysis of the major party candidates’ tax and spending plans by the Committee for a Responsible Federal Budget shows that Republican Donald Trump and Hillary Clinton are both advocating...
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Trump Policy Advisor Promises an Astounding $7 Trillion Surplus
By Rob GarverDonald Trump sent Sam Clovis, who identifies himself as Trump’s chief policy advisor and the national co-chair of his presidential campaign, to Washington on Wednesday to talk to an audience of...
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Two Year Budget Deal Passes in the House
By Kelsey Snell, The Washington PostCongress on Wednesday moved a step closer to clearing a bipartisan budget deal that would boost spending for domestic and defense programs over two years while suspending the debt limit into 2017...
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Four Political Issues That Could Tank the Markets
By Jeff Cox, CNBCDonald Trump's raucous presidential campaign won't be the only thing lighting the political fires this fall. A handful of significant deadlines and policy decisions loom for Washington and Wall...
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Washington Inches Toward Another Fiscal Cliff
By Eric PianinAfter a long day of partisan finger pointing over the Amtrak train disaster, bickering over the defense budget, and worrying that the government is short-changing vital highway and infrastructure...
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Obama’s Spending Spree Could Push Long-Term Deficit over $1 Trillion
By Matthew Sabas, The Fiscal TimesThe decrease in the federal budget deficit has been touted as an accomplishment by many—most recently by President Obama during his State of the Union Address—but America’s debt situation is far from...
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Will the Dow Cross 18,000 Threshold in the Week Ahead?
By Patti Domm, CNBCTraders will be searching for any signs the economy and job market are really kicking into higher gear, as Friday's jobs report suggests. November saw the strongest employment gains in 35 months, and...
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Lame-Duck Action Could Add $1.5T to Long-Term Debt
By Eric PianinLargely under the radar screen, lawmakers are toying with ideas that could add as much as $1.5 trillion to the national debt in the coming decade. Washington is transfixed on President Obama’s new...
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$1.5B Over Budget, 10 Years Late: DHS HQ May Be Cut Off
By Jerry Markon, The Washington PostThe Department of Homeland Security’s long-delayed new headquarters is running into trouble in Congress again, with Republican lawmakers seeking to end funding for the troubled project and Democrats...
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‘Clean’ Debt Ceiling Bill Squeaks by House
By Robert Costa and PAUL KANE and ED O'KEEFE, The Washington PostThe House passed a yearlong suspension of the Treasury’s debt limit Tuesday in a vote that left Republicans once again ceding control to Democrats, following a collapse in support for an earlier...
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Has the GOP’s Debt Ceiling Fever Really Broken?
By Eric PianinThe House will vote Tuesday night on a bill to raise the debt ceiling – a measure that will be unencumbered by any of the Republicans’ previous demands. House GOP leaders decided to hold the vote...
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Debt Ceiling Déjà Vu: New Showdown Ahead?
By Eric PianinWith the $1 trillion fiscal 2014 spending deal now safely behind them, Congress and the White House must once again turn to the debt ceiling. In the latest chapter of an all-too familiar ritual,...
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The High Cost of the Pentagon’s Poor Bookkeeping
By Scot J. Paltrow, ReutersThe U.S. Air Force had great expectations for the Expeditionary Combat Support System when it launched the project in 2005. This accountants’ silver bullet, the Air Force predicted a year later, “...
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Cone of Silence on Trillion-Dollar Budget Battle
By Andy Sullivan, ReutersAs Washington empties out for the holidays, a final budget fight will play out in the nearly empty Capitol building as congressional staffers parcel out more than $1 trillion to fund everything from...