Budget Battles
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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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Facing Right-Wing Revolt, Johnson Says He Won't Resign
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Johnson Unveils Plan for Israel, Ukraine Aid
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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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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...
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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...
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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...
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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...
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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...
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US Households Felt Flush in 2021: Fed Report
By Michael RaineyIn the fall of 2021, U.S. households reported the highest level of financial well-being in at least nine years, the Federal Reserve says in a new report Monday. The Fed’s “ Survey of Household...
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Democrats Face a ‘Time Bomb’ on Obamacare
Democrats face a potential pre-election “political time bomb” on an issue they had hoped would provide a boost with voters: the expansion of Affordable Care Act coverage resulting from increased...
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Judge Blocks Biden From Ending Title 42 as DHS Says Surge of Migrants Could Cost $2 Billion
By Michael RaineyThe Centers for Disease Control and Prevention planned to terminate a public health rule known as Title 42, which allows federal officials to expel immigrants for public health reasons, but a judge...