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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Here’s What Happens If Congress Fails to Raise the Debt Ceiling
By Michael RaineyWhat happens if Congress fails to raise the debt limit? A new report from the Bipartisan Policy Center examines that question in detail, and the results aren’t pretty. Here are some highlights — or...
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Why Raising the Debt Ceiling Won’t Be a Problem This Year
By Rob GarverThe final wall of resistance to a “clean” increase of the federal debt ceiling, necessary to avoid a potentially catastrophic government default later this year, appears to have fallen, with White...
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Top GOP Conservative: We Won’t Play Around With the Debt Ceiling
By Rob GarverWhen it comes to the perennial fight to raise the federal debt ceiling, it’s usually best to assume that the struggle to give the Treasury Department clearance to actually pay the debts that the...
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Raise the Debt Ceiling Now, or Face Another Post-Summer Crisis: Meadows
By Eric PianinRep. Mark Meadows, R-NC, one of the most influential conservatives in the House, said Monday he favors quick action this summer to raise the debt ceiling, taking a stand on an issue that is...
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Here’s a Solution for the Annual Debt Ceiling Crisis: Get Rid of It
By Eric PianinWith another debt ceiling crisis looming that threatens a first-ever default by the Treasury and another government shutdown, there is a growing school of thought in the Senate that lawmakers should...
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The National Debt Is a Bigger Problem Than You Think
By Lawrence GoodmanThe U.S. debt situation is worse than commonly realized. Unaddressed, the surge in Treasury borrowing over the last 10 years represents an accident in the offing.
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Mulvaney’s Debt Ceiling Ploy Protects Treasurys, Not Social Security Checks
By Rob GarverThe Trump administration appears to be considering a plan to pay some government debts but not others if the debt ceiling isn’t raised on time. It’s a plan economists and financial markets experts...
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White House’s Debt Ceiling Battle Could Trigger a Shutdown — and a Recession
By Eric PianinAt a time when worldwide confidence in the U.S. has already been badly shaken by President Trump’s go-it-alone, “America First” approach to trade, NATO and climate change, a White House riven by...
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New Debt Ceiling Deadline Could Ruin Lawmakers' Summer Vacations
By Rob GarverThe federal debt limit, previously thought to be an issue that could be postponed to the fall, may need to be raised prior to the August recess, complicating the lives of top Republicans in Congress.
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The Great Risk Shift Is Back
By Mark ThomaThe vote in the House of Representatives to dismantle Obamacare was not the only attempt to undo key legislation from the Obama years that occurred last Thursday.
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Sen. Kent Conrad: $2 Trillion Not Enough
By Lori Montgomery Wp and ROSALIND S. HELDERMAN, The Washington PostThe debt-reduction package emerging in talks between the White House and congressional leaders would not “fundamentally change” the alarming rate of growth in the national debt, the chairman of the...
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Full-Court Press for Debt-Ceiling Gang of Seven
By Jennifer Depaul, The Fiscal TimesAs the August 2 deadline for reaching a debt-ceiling deal approaches and economic pressures intensify, the bipartisan group led by Vice-President Biden and charged with hammering out an agreement is...
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Biden Talks Stuck in Neutral as Job Market Crumbles
By Merrill Goozner, The Fiscal TimesBiden’s Gang of 7 emerged from talks Thursday without a deal, largely due to complications from a slow down in the job recovery, as Republican members of the bipartisan negotiation continue to demand...
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What to Watch for in Deficit Talks
By Lori Montgomery Wp and FELICIA SONMEZ, The Washington PostCongressional negotiators from both parties are set to sit down Thursday afternoon for their latest meeting on deficit reduction with Vice President Biden. The huddle, which begins at 1 p.m. at the...
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Americans Conflicted on Raising Debt Ceiling
By Lori Montgomery Wp and JON COHEN, The Washington PostA large majority of Americans say the U.S. economy would probably suffer serious harm if Congress fails to give the federal government more borrowing authority. But barely half support raising the...