Budget Battles
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Border Battle Pushes Congress Toward a Shutdown
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Biden to Congress: Pass the Foreign Aid Bill ASAP
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Republicans Eye Frozen Russian Assets to Fund Ukraine
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Shutdown Threat Rises Again as GOP Demands Border Changes
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House Dems Try to Force a Vote on Ukraine Aid
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Biden Proposes a $7.3 Trillion Budget for 2025
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Senate Averts Midnight Shutdown, but Not Without Drama
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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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Shutdown Threat Rises Again as Republicans Push Hardline Policies
The package of spending bills that needs to be passed by March 22 was always going to be more contentious than the first batch of bills approved by Congress last week. The upcoming tranche includes...
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House Dems Try to Force Floor Vote on Ukraine Aid
With billions of dollars in additional aid for Ukraine stuck in congressional limbo given Speaker Mike Johnson’s refusal to allow a vote on a Senate-passed bill, lawmakers on Tuesday formally...
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Biden Proposes a $7.3 Trillion Budget for 2025
President Biden on Monday proposed a $7.3 trillion budget for fiscal year 2025 that seeks to lower the costs of prescription drugs, child care and housing while also cutting the deficit by $3...
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Senate Passes $459 Billion Spending Package to Avoid Midnight Shutdown
With a midnight deadline looming, the Senate voted tonight to avert a government shutdown by passing the $459 billion, six-bill spending package approved by the House earlier this week. The vote was...
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House Republicans Advance a 2025 Budget Plan
Even as Congress tries to wrap up the drawn-out appropriations process for the 2024 fiscal year, which started back in October, lawmakers are also eager to turn the page to the 2025 budget. That...
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House Passes $460 Billion Funding Bill Ahead of Shutdown Deadline
By Michael RaineyIt looks like Congress will squeak past yet another shutdown deadline this year. The House on Wednesday approved a package of six bills that will fund parts of the federal government that could shut...
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Congress Unveils $460 Billion Funding Package: What's Inside?
By Yuval Rosenberg and Michael RaineyThe drawn-out drama of funding the government for the fiscal year that started more than five months ago is nearing its final act. With apologies to Samuel Beckett, you could call it “Waiting for the...
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Senate Defies Trump as It Moves Toward Passing Aid Bill
The Senate remains on track to pass a $95.3 billion foreign aid package this week after 18 Republicans joined with Democrats to advance the bill in a 67-27 vote on Sunday afternoon. Among its...
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Deficit Tops $500 Billion in First 4 Months of 2024 Fiscal Year
By Michael RaineyThe federal budget deficit was a bit smaller in January than it was a year ago, as outlays exceeded revenues by a relatively modest $22 billion, compared to $38 billion in 2023, according to the...
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Senate Plods Along on $95 Billion Ukraine-Israel Aid Bill
The Senate is trudging ahead in its effort to pass a $95.3 billion package of foreign aid and humanitarian assistance. A day after clearing the first big procedural hurdle toward passing the bill,...
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Interest Costs Flying Higher
By Michael RaineyAs the Congressional Budget Office reminded us yesterday , the cost of interest payments on the national debt is rising rapidly. Sifting through the data from the latest CBO outlook, the deficit...
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Senate Advances $95 Billion Ukraine-Israel Package Without Border Reforms
The Senate on Thursday advanced a $95.3 billion package of aid to Ukraine, Israel and Taiwan that excludes border security measures that Republicans had rejected a day earlier as part of a broader...