Budget Battles
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New Poll Finds Liberals and Conservatives Agree: Tax the Super-Rich
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Biden Vows US Will Pay to Rebuild Collapsed Baltimore Bridge
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How Congress Wasted ‘Months of Precious Time’ on the 2024 Spending Bills
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Senate Struggles to Avert Shutdown, Speaker Johnson Faces Revolt
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Long-Delayed $1.2 Trillion Spending Package Zooms to the Finish Line
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Debt Will Hit Record High This Decade, CBO Warns
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Congress Races Against the Clock to Avoid Shutdown
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Rebuilding Baltimore Bridge ‘Will Not Be Quick or Easy or Cheap,’ Buttigieg Says
A day after President Joe Biden said the federal government would foot the bill for rebuilding the collapsed Francis Scott Key Bridge in Baltimore, Transportation Secretary Pete Buttigieg told...
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Biden Says Federal Government Will Pay for New Bridge in Baltimore
By Michael Rainey -
How Congress Wasted ‘Months of Precious Time’ Passing 2024 Spending Bills
The Senate passed a $1.2 trillion, six-bill spending package just after 2 a.m. on Saturday and President Joe Biden signed it later that day, ending an unusually drawn-out process of funding the...
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Senate Struggles to Avert Shutdown as Speaker Johnson Faces Revolt
The House on Friday narrowly passed a $1.2 trillion funding package that would avert a government shutdown at midnight, sending the legislation to the Senate with just hours to go before the deadline...
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Long-Delayed $1.2 Trillion Spending Package Zooms to the Finish Line
Nearly six months into the fiscal year, and less than 48 hours before a government shutdown deadline, congressional leaders on Thursday released their final package of 2024 annual spending bills. The...
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House Republican Caucus Calls for Raising the Social Security Retirement Age
By Michael RaineyThe Republican Study Committee, the largest conservative caucus in the House, released on Wednesday a 2025 budget proposal that would slash healthcare spending, raise the Social Security retirement...
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Congress and White House Reach Funding Deal. Now the Race Is On to Pass It.
They have a deal. Now they just need the votes. President Joe Biden and congressional leaders announced Tuesday morning that they had reached an agreement on the contentious appropriations bill for...
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Border Battle Pushes Congress Toward a Shutdown
Congressional lawmakers have until midnight Friday to pass a package of spending bills needed to keep large portions of the government from shutting down, but a lengthy dispute over funding for the...
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Biden Calls on Congress to Pass Ukraine Aid
By Michael RaineyAt an early St. Patrick’s Day event with the Irish prime minister and officials including House Speaker Mike Johnson, President Joe Biden called on Congress to pass the foreign aid package that would...
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Republicans Consider Seizing Russian Assets to Pay for Ukraine Aid
By Michael RaineyPressure is rising on House Speaker Mike Johnson to figure out a way to provide military aid to Ukraine and Israel. Johnson told Politico’s Olivia Beavers Thursday that aid packages for Ukraine and...
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Democrats Barrel Ahead on $740 Billion Plan
By Michael RaineySenate Democrats hope to vote on their proposed Inflation Reduction Act as soon as quickly as possible, but it’s not clear how long it might take to reach a final agreement that is backed by all 50...
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House Passes Chips Bill, Delivering a Bipartisan Win for Biden
The House of Representatives on Thursday passed a $280 billion package aimed at bolstering the U.S. semiconductor industry and boosting domestic scientific and technological research in order to...
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Dems Race to Pass New ‘Inflation Reduction Act’
President Joe Biden on Thursday touted Democrats’ new package of climate, tax and health care measures — now dubbed the Inflation Reduction Act of 2022 — and urged Congress to quickly pass the deal...
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National Debt Set to Soar, Driven by Rising Interest Costs: CBO
The U.S. budget deficit is set to shrink dramatically this year as pandemic stimulus spending wanes and revenues surge — but the federal budget gap is projected to begin rising again quickly, driven...
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Democrats Say They Have a $670 Billion Deal on Climate, Health Care and Inflation
By Michael RaineySenate Majority Leader Chuck Schumer (D-NY) and Sen. Joe Manchin (D-WV) announced Wednesday that they have reached a long-awaited agreement on legislation that touches upon climate change, tax...