Budget Battles
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Johnson Defies Hardliners, Pushes Ahead With Foreign Aid Plan
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Facing Right-Wing Revolt, Johnson Says He Won't Resign
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Johnson Unveils Plan for Israel, Ukraine Aid
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Trump Throws Johnson a Lifeline: ‘He’s Doing a Very Good Job’
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Biden’s New Student Debt Relief Plan Would Cost $84 Billion: Analysis
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House Conservatives Deal a New Blow to Johnson
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Marjorie Taylor Greene Fires Another Warning Shot at Johnson
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Johnson Pushes Ahead on Foreign Aid Plan, Angering Hardliners and Risking His Job
House Speaker Mike Johnson plowed ahead Wednesday with a slightly modified plan to deliver aid to Ukraine, Israel and Indo-Pacific allies. In doing so, he further infuriated far-right hardliners in...
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Biden Admin Releases Draft of Student Loan Forgiveness Plan
By Michael RaineyThe Department of Education on Tuesday released a first set of draft rules for President Joe Biden’s proposed plan to provide billions of dollars in forgiveness of student loan debt. The rules will...
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Facing Right-Wing Revolt Over Foreign Aid Plan, Johnson Says He Won't Resign
House Speaker Mike Johnson insisted Tuesday that he will not give up his gavel after a second member of his Republican conference called for his ouster, joining in a revolt by Georgia Rep. Marjorie...
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Nearly 1 in 4 of Those Removed From Medicaid Now Uninsured
By Michael RaineyMillions of Americans have been removed from state-level Medicaid programs over the last year, following the official end of the Covid-19 pandemic and the return to pre-pandemic rules governing...
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Johnson Unveils Plan for Aid to Israel, Ukraine
Iran’s unprecedented direct attack on Israel this weekend has ramped up the pressure on Speaker Mike Johnson to decide on a path forward for foreign aid funding that has been stalled in the House for...
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Former Biden Administration Economists Launch New Budget Lab
A huge tax fight is looming as a slew of 2017 Republican tax cuts are scheduled to expire at the end of 2025 — and, as Natasha Sarin writes at The Washington Post , the government’s budgetary...
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Biden Administration Forgives Another $7.4 Billion in Student Debt
By Michael RaineyPresident Joe Biden on Friday announced another round of student loan forgiveness, part of a piecemeal effort that has seen $153 billion in debt erased for 4.3 million borrowers. The latest round of...
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Trump Throws Johnson a Lifeline: ‘He’s Doing a Very Good Job’
Still facing a threat from his own party to oust him from his job, House Speaker Johnson scored some MAGA cred Friday by appearing with former President Donald Trump at a Mar-a-Lago news conference...
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Baltimore Bridge Disaster Could Wipe Out Federal Emergency Fund
By Michael RaineyThe effort to rebuild Baltimore’s Francis Scott Key Bridge could overwhelm a key federal emergency fund that is already facing more requests for help than it can handle. As The Washington Post’s...
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Biden’s New Student Debt Relief Plan Would Cost $84 Billion: Analysis
President Joe Biden’s new student debt relief plans are projected to cost $84 billion if enacted, according to the Penn Wharton Budget Model . That total includes about $58 billion from waiving...
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House Conservatives Deal a New Blow to Speaker Johnson
The far-right revolt against Speaker Mike Johnson got dialed up a notch Wednesday as a group of 19 House Republicans defeated a procedural vote on a bill to reauthorize the controversial Section 702...
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Marjorie Taylor Greene Fires Another Warning Shot at Johnson
House Republican lawmakers returned from their two-week recess Tuesday and resumed their chaotic infighting right where they left off. Georgia Republican Rep. Marjorie Taylor Greene, who 18 days ago...
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US and Allies Face Multi-Trillion Dollar Bill as Race to Rearm Picks Up Speed
By Michael RaineyGlobal defense spending hit a record $2.2 trillion last year, and that number is only expected to rise as countries rearm themselves amid growing tensions in Europe, Asia and the Middle East. While...
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Biden Announces New Student Loan Forgiveness Program for 25 Million Borrowers
By Michael RaineyPresident Joe Biden is taking another shot at reducing student loan debt, 10 months after the Supreme Court rejected an earlier $400 billion plan to forgive loans for roughly 40 million borrowers...
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Biden Pledges Full Federal Support for Baltimore as Conservatives Make Demands
By Michael RaineyPresident Joe Biden visited Baltimore on Friday to survey the wreck of the Francis Scott Key Bridge and offer continued support for the reconstruction effort. “I’m here to say your nation has your...