Budget Battles
-
Social Security, Medicare Get Boost From Strong Economy
-
Biden and Trump Joust Over Jobs Report
-
IRS Unveils Plan to Crack Down on the Rich
-
Marjorie Taylor Greene Says She’ll Force Vote to Oust Johnson
-
Democrats Say They’re Ready to Rescue Mike Johnson
-
‘A Good Day for America’: Biden Signs $95 Billion Foreign Aid Bill
-
Senate Advances $95 Billion Foreign Aid Package
-
Speaker Johnson Meets With GOP Rebels, Will Continue Talks Tomorrow
House Speaker Mike Johnson met Monday with Reps. Marjorie Taylor Greene and Thomas Massie, the Republican hardliners who announced last week that they would seek to force a vote to oust him within...
-
Biden Forgives Another $6 Billion in Student Loans
By Michael RaineyThe Biden administration on Wednesday announced it would erase roughly $6.1 billion in additional student loan debt. The latest round of debt forgiveness is specifically for 317,000 borrowers who...
-
Marjorie Taylor Greene Says She’ll Force Vote to Oust Johnson
Republican Rep. Marjorie Taylor Greene announced Wednesday that she will force a vote next week on her motion to oust Speaker Mike Johnson, even as her odds of succeeding appear to be nil. Republican...
-
Democratic Leaders Vow to Save Republican Speaker Mike Johnson
Congress may be done funding the government for the rest of the fiscal year and pushing through a major foreign aid package, but the fallout from those contentious spending bills isn’t over yet. With...
-
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...
-
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...
-
‘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...
-
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...
-
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...
-
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...
-
Deficit Will Hit $3 Trillion — Again — This Year
By Michael RaineyThe U.S. federal budget deficit will come to $3 trillion in fiscal year 2021, according to the latest estimate from the Congressional Budget Office. The new projection is about a third higher than...
-
4 Ways the Battle Over Infrastructure Could Play Out
By Michael RaineyThere are a lot of moving parts as Congress attempts to write and pass a massive infrastructure package. With tensions running high in Washington, there’s a good chance that things may not turn out...
-
Bipartisan Infrastructure Plan Would Reduce the National Debt and Increase Growth: Analysis
By Michael RaineyThe bipartisan infrastructure plan backed by President Joe Biden would modestly increase domestic output and reduce the national debt over the next several decades, according to an analysis from the...
-
Biden’s Big Infrastructure Deal Relies on ‘Pixie Dust’
President Joe Biden faces a pair of thorny math problems in trying to enact his infrastructure agenda. The first, amply covered by the political press, is simply securing enough votes to ensure that...
-
Biden Backpedals to Salvage Infrastructure Deal. McConnell Could Still Blow It Up.
President Joe Biden tackled his own infrastructure repair job over the weekend. Biden had thrown the fate of his bipartisan infrastructure deal into doubt shortly after announcing it last Thursday by...