Budget Battles
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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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News Alert: House Approves $95 Billion Aid Package for Ukraine, Israel and Taiwan
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Dems Help Save Johnson's Aid Package for Israel, Ukraine
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Johnson Rejects a Plan to Save His Speakership
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Johnson Defies Hardliners, Pushes Ahead With Foreign Aid Plan
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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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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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How Interest Rate Hikes Are Raising the Cost of the National Debt
By Michael RaineyAs the Federal Reserve pushes interest rates higher in its campaign against inflation, the cost of servicing the country’s debt is rising, too. Working with analysts from both the Treasury and the...
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Congress Passes Landmark Gun Control Bill, With Billions for Mental Health
By Michael RaineyOn the heels of a 65-33 vote in the Senate Thursday night, the House voted 234-193 Friday to approve the Bipartisan Safer Communities Act , which supporters hail as the most substantial gun control...
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Biden Administration Agrees to Cancel $6 Billion in Student Loans
By Michael RaineyThe U.S. Department of Education has agreed to forgive roughly $6 billion in student loans for about 200,000 students who say they were defrauded by mostly for-profit schools, many of which are no...
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Marc Cuban’s Drug Company Could Save Medicare Billions: Analysis
By Michael RaineyMedicare would save billions of dollars if it purchased generic drugs at prices similar to those offered by a pharmaceutical company founded by billionaire entrepreneur Marc Cuban, according to a new...
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Senate Adds $45 Billion to Biden’s Defense Budget
By Michael RaineyPresident Joe Biden has proposed a record $813 billion in defense spending for fiscal year 2023, but a key Senate committee is making it clear that lawmakers intend to spend a lot more than that next...