Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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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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Boehner Says Cliff Fix Hangs on Dems and Obama
By Ed Okeefe and Rosalind Helderman, The Washington PostHouse Speaker John A. Boehner (R-Ohio) sought to shift responsibility Friday to President Obama and the Democratic-controlled Senate to reach an agreement to avert a series of spending cuts and tax...
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How Democrats Became Liberal Republicans
By Bruce Bartlett, The Fiscal TimesMany on the left are puzzled by Barack Obama’s apparent willingness to support dramatic reductions in federal social spending . It is only because Republicans demand even more radical cuts in...
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Big Trouble for GOP Sacred Cows—Guns and Taxes
By Eric Pianin and Josh BoakTwo of the conservative movement’s sacred cows—Grover Norquist and the National Rifle Association—were badly gored this week. The combination of the looming fiscal cliff and a Connecticut elementary...
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Boehner’s Plan B Headed for Victory in House
By Eric PianinThe House appears likely to approve Republican Speaker John Boehner’s “Plan B” measure to extend Bush-era tax cuts for incomes up to $1 million late this evening– potentially providing the speaker...
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Medicare May Be Silent Killer in Budget Battles
By Josh Boak, The Fiscal TimesFor all the hype about taxes, Medicare looks more and more like major the obstacle to putting the federal budget on a stable course.