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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Experts Warn of a Coming Fiscal Crisis as Trump Prepares to Take Charge
By Eric PianinWith the Republicans’ new national agenda in a state of flux just a month before President-elect Donald Trump takes the oath of office, some budget and tax analysts are warning of a dimming fiscal...
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Both Trump and Clinton Would Drive the Federal Budget off a Cliff
By Rob GarverA new analysis of the major party candidates’ tax and spending plans by the Committee for a Responsible Federal Budget shows that Republican Donald Trump and Hillary Clinton are both advocating...
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Trump Policy Advisor Promises an Astounding $7 Trillion Surplus
By Rob GarverDonald Trump sent Sam Clovis, who identifies himself as Trump’s chief policy advisor and the national co-chair of his presidential campaign, to Washington on Wednesday to talk to an audience of...
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Two Year Budget Deal Passes in the House
By Kelsey Snell, The Washington PostCongress on Wednesday moved a step closer to clearing a bipartisan budget deal that would boost spending for domestic and defense programs over two years while suspending the debt limit into 2017...
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Four Political Issues That Could Tank the Markets
By Jeff Cox, CNBCDonald Trump's raucous presidential campaign won't be the only thing lighting the political fires this fall. A handful of significant deadlines and policy decisions loom for Washington and Wall...
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Washington Inches Toward Another Fiscal Cliff
By Eric PianinAfter a long day of partisan finger pointing over the Amtrak train disaster, bickering over the defense budget, and worrying that the government is short-changing vital highway and infrastructure...
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Obama’s Spending Spree Could Push Long-Term Deficit over $1 Trillion
By Matthew Sabas, The Fiscal TimesThe decrease in the federal budget deficit has been touted as an accomplishment by many—most recently by President Obama during his State of the Union Address—but America’s debt situation is far from...
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Will the Dow Cross 18,000 Threshold in the Week Ahead?
By Patti Domm, CNBCTraders will be searching for any signs the economy and job market are really kicking into higher gear, as Friday's jobs report suggests. November saw the strongest employment gains in 35 months, and...
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Lame-Duck Action Could Add $1.5T to Long-Term Debt
By Eric PianinLargely under the radar screen, lawmakers are toying with ideas that could add as much as $1.5 trillion to the national debt in the coming decade. Washington is transfixed on President Obama’s new...
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$1.5B Over Budget, 10 Years Late: DHS HQ May Be Cut Off
By Jerry Markon, The Washington PostThe Department of Homeland Security’s long-delayed new headquarters is running into trouble in Congress again, with Republican lawmakers seeking to end funding for the troubled project and Democrats...
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Why Congress and Obama Are Incompetent Amateurs
People regularly lament the supposed decline in American political discourse and the rise of rabid partisanship, just as parents mourn the demise of good music and affordable seats at a ballgame. In...
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Obama Steps In and Summons Boehner and Others
By Eric PianinOn Day Two of the government shutdown , President Barack Obama on Wednesday invited House Speaker John Boehner (R-OH) and other congressional leaders to the White House for a meeting late this...
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Obama Snookers GOP into Government Shutdown
By Liz PeekDon’t kid yourself--President Obama has been gunning for a government shut-down. His polls are sinking, his second-term agenda is dead in the water, and he’s defending the NSA snooping, Benghazi and...
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Huge GOP Misread on How Voters Feel About Shutdown
By Josh Boak, The Fiscal TimesHouse Republicans claim the American people oppose both a shutdown and Obamacare. "The American people don't want the government shut down, and they don't want Obamacare," House Speaker John Boehner...
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U.S. Government Is Closed Until Further Notice
By Josh Boak and Eric Pianin, The Fiscal TimesThis government shutdown has been brewing for three years – and now it’s happening. The 2010 election set the wheels in motion when Republicans gained control of the House, while President Obama and...