Budget Battles
-
Johnson Defies Hardliners, Pushes Ahead With Foreign Aid Plan
-
Facing Right-Wing Revolt, Johnson Says He Won't Resign
-
Johnson Unveils Plan for Israel, Ukraine Aid
-
Trump Throws Johnson a Lifeline: ‘He’s Doing a Very Good Job’
-
Biden’s New Student Debt Relief Plan Would Cost $84 Billion: Analysis
-
House Conservatives Deal a New Blow to Johnson
-
Marjorie Taylor Greene Fires Another Warning Shot at Johnson
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
Who’s Keeping an Eye on $40 Billion in Ukraine Aid?
By Michael RaineyCongress quickly passed a $40 billion aid package for Ukraine in May, but according to a report at Politico, worries about how well that money is being monitored and spent could delay future efforts...
-
Another $700 Million in Military Aid for Ukraine
By Michael RaineyThe U.S. will send another batch of military equipment worth $700 million to Ukraine, including advanced rocket systems, the White House announced late Tuesday. In an op-ed published in The New York...
-
The Coming Budget Squeeze
We told you yesterday about the Congressional Budget Office’s latest update to the federal government’s fiscal outlook, which forecast that the deficit would fall to $1 trillion this year before...
-
Deficit Will Shrink to $1 Trillion This Year — and Then Soar for Years to Come: CBO
By Michael RaineyThe White House has been eager to take credit for the fact that the federal deficit is falling dramatically this year, and a new report from the Congressional Budget Office confirms that the budget...
-
Dems Eye New Deadline for Budget Reconciliation Deal With Manchin
It’s been more than five months since Sen. Joe Manchin (D-WV) surprised the White House by announcing on Fox News that he couldn’t get to yes on Democrats’ sweeping Build Back Better budget...