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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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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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...
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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...