Budget Battles
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Trump Woos Wealthy Donors With Promises of Huge Tax Cuts
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Republicans Block Bipartisan Border Bill a Second Time
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Biden Cancels Billions More in Student Loan Debt
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‘A Large and Costly Mistake’: Unions Slam Trump Tax Cuts
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Senate Tees Up Another Doomed Vote on Border Bill
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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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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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SNAP Benefits Fail to Cover Food Costs Almost Everywhere in the US: Analysis
SNAP benefits, more commonly known as food stamps, were too low to help families afford food across most of the country last year, according to a new analysis published by the Urban Institute and the...
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Biden Announces Another $7.7 Billion in Student Loan Cancelation
By Michael RaineyThe Biden administration announced Wednesday that it is canceling another $7.7 billion in student loans held by 160,000 borrowers. The latest round of debt cancellation means the administration has...
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Biden to Release 1 Million Gallons of Gas as Summer Driving Season Begins
By Michael RaineyThe Biden administration announced plans Tuesday to release roughly 1 million barrels of gasoline from the nation’s reserve during the peak summer driving season between Memorial Day and the Fourth...
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Senate Heads for Another Doomed Vote on Bipartisan Border Bill
Memorial Day and the unofficial start of summer are rapidly approaching, but on Capitol Hill, the season of messaging bills is already in full swing. This week, the Senate will once again consider a...
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House Releases $1.5 Trillion Farm Bill, Teeing Up Duel With Senate
By Michael RaineyLawmakers in the House released a long-awaited $1.5 trillion farm bill on Friday, kicking off an effort to complete one of the few remaining major pieces of legislation left in the current Congress...
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The 2025 Spending Fight Has Officially Begun — and It’s Going to Be Big
November’s presidential election looms over the appropriations process for 2025, as members of Congress will want to wait to see who wins the White House and which party can exert leverage over...
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Supreme Court Rejects Challenge to CFPB Funding Mechanism
The Supreme Court on Thursday rejected a constitutional challenge to the way the Consumer Financial Protection Bureau is funded, delivering a blow to the agency’s right-wing critics and handing a win...
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Biden’s Plan to Extend Trump’s Tax Cuts Would Cost More Than $2 Trillion: Analysis
By Michael RaineyPresident Biden is calling for the individual tax cuts signed into law by former President Trump in 2017 to expire as scheduled after next year, but with one major exception: Anyone earning less than...
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House Passes FAA Reauthorization, Sending It to Biden
The House today passed a major bill reauthorizing the Federal Aviation Administration for five years and providing $105 billion in funding for agency programs as well as $738 million for the National...
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House to Take Up $105 Billion FAA Reauthorization Bill
By Michael RaineyThe House this week is set to take up the $105 billion bill passed by the Senate late on Thursday that would reauthorize the Federal Aviation Administration and the National Transportation Safety...
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Biden Admin Looks to Use ‘Infrastructure Week’ to Sell Its Successes
The Biden administration is celebrating this year’s “Infrastructure Week” by sending officials including Treasury Secretary Janet Yellen and acting Labor Secretary Julie Su to various locations to...
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Biden’s Top Economic Advisor Lays Out Principles for Tax Fight Ahead
By Michael RaineyWith many of the 2017 Republican tax cuts set to expire after next year, the White House and Congress are already laying the groundwork for a huge battle over the tax code. On Friday, President Joe...