Budget Battles
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Biden and Trump Joust Over Jobs Report
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IRS Unveils Plan to Crack Down on the Rich
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Marjorie Taylor Greene Says She’ll Force Vote to Oust Johnson
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Democrats Say They’re Ready to Rescue Mike Johnson
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‘A Good Day for America’: Biden Signs $95 Billion Foreign Aid Bill
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Senate Advances $95 Billion Foreign Aid Package
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GOP Infighting Continues as Senate Heads for Aid Vote
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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...
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Global Military Spending Reached a Record $2.4 Trillion Last Year: Study
We told you earlier this month that global defense spending had reached a record $2.2 trillion last year. A study released Monday by the Stockholm International Peace Research Institute puts that...
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Senate Advances $95 Billion Aid Package for Ukraine, Israel and Taiwan
The Senate voted Tuesday to advance the $95 billion aid package for Ukraine, Israel and Taiwan and is now poised to send the bill to President Joe Biden’s desk tonight or tomorrow. A motion to end...
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‘America Will Deliver Yet Again’: Senate Set to Vote on Foreign Aid Plan
After the House on Saturday approved a $95 billion, four-bill bundle of foreign aid legislation, the Senate is set to pass the package this week and deliver assistance to Ukraine, Israel and Taiwan...
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Dems Help Save Johnson's Aid Package for Israel, Ukraine
The House took a significant step Friday toward passing a long-delayed $95 billion package of foreign aid bills, as Democrats provided most of the votes needed to help the legislation clear...
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Johnson Rejects a Rule Change Proposed to Protect His Speakership
House Republicans continued to snipe at each other Thursday as party leadership continued to propel a $95 billion package of aid for Ukraine, Israel and Taiwan toward a series of weekend votes. With...
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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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Political Strife and Rising Debt Could Damage America’s Credit Rating: Fitch
By Michael RaineyAmerica’s political dysfunction and rising debt could tarnish the country’s perfect AAA credit rating, Fitch Ratings said this week. “The U.S. sovereign rating is supported by structural strengths...
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Child Tax Credit Payments Arrive for Millions of Families
By Michael RaineyDirect payments for the child tax credit began flowing Thursday, with millions of American families receiving their first monthly payments worth as much as $300 per child. The Treasury Department...
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Democrats Kick Off Massive Spending Effort With $3.5 Trillion Budget Blueprint
By Michael RaineyDemocrats on the Senate Budget Committee have agreed to a topline figure of $3.5 trillion for the budget resolution they hope to pass through the Senate and House in the coming weeks. Now President...
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Democrats Search for Consensus on Massive Spending Package
By Michael RaineyDemocratic lawmakers are rushing this week to complete the blueprint for a massive, multi-trillion-dollar spending package they plan to offer alongside a smaller, bipartisan infrastructure bill, and...
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Republicans Waver on Bipartisan Infrastructure Deal
As Democrats debate the size and scope of their “human infrastructure” package, the bipartisan deal for core infrastructure investments that senators reached with the White House is reportedly at...