Budget Battles
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Covid Relief Bill Stalls in Fight Over Unemployment Benefits
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GOP Turns to Delay Tactics to Stall Covid Relief Bill
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Biden Agrees to Limit Covid Relief Payments
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Dems Debate Smaller Unemployment Checks
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Now It's the Senate's Turn on Stimulus
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Democrats Scramble to Save $15 Minimum Wage
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The US Is About to Get a New Top Tax Break
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Covid Relief Bill Stalls in Fight Over Unemployment Benefits
Senate Democrat’s push to pass President Joe Biden’s $1.9 trillion Covid relief bill stalled out on Friday, leaving party leaders scrambling to ensure that they’d have the votes needed for passage...
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Job Growth Jumps in February: What Does It Mean for Biden’s Relief Bill?
By Michael RaineyThe U.S. labor market added 379,000 jobs in February, the Labor Department announced Friday, raising hopes that the economy is accelerating as it heads into the spring. The pace of hiring was faster...
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Nagging Doubts About Biden’s Covid Relief Plan
By Michael RaineyEven as Senate Democrats prepare to push the $1.9 trillion Covid relief package over the finish line as soon as this weekend, some policy experts are still worried that the bill is poorly targeted,...
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GOP Turns to Delay Tactics to Stall Covid Relief Bill in Senate
The Senate on Thursday afternoon began what promises to be a lengthy debate over a modified version of President Joe Biden’s $1.9 trillion coronavirus relief package, with Senate Majority Leader...
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Biden Agrees to Limit Covid Relief Payments
By Michael RaineyIn a victory for moderate Democratic senators seeking to rein in the $1.9 trillion Covid relief bill, President Joe Biden agreed on Wednesday to tighten the income limits for the next round of...
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White House Pulls Tanden Nomination for Budget Office
The White House on Tuesday gave up its fight to have Neera Tanden lead the Office of Management and Budget, accepting the first Cabinet-level defeat for a Biden nominee. President Biden said in a...
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USPS, Census, Small Business Loans on ‘High Risk’ List: GAO
By Michael RaineyThe U.S. Postal Service, the Census Bureau and the Small Business Administration face serious challenges that need to be addressed by Congress and executive leadership, according to the latest “ High...
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Billions Wasted on Buildings and Vehicles in Afghanistan: Watchdog
By Michael RaineyThe federal watchdog monitoring U.S construction projects in Afghanistan has documented enormous waste in the war-torn country over the last decade and a half, including U.S.-financed hospitals that...
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Senate Democrats Still Debating Key Elements of Covid Rescue Plan
Democrats remain divided over some elements of the $1.9 trillion Covid relief plan, with centrists including Sen. Joe Manchin of West Virginia and Jeanne Shaheen of New Hampshire looking to cut back...
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How Much Aid Do State and Local Governments Really Need?
The $350 billion in state and local aid included in Democrats’ $1.9 trillion Covid relief package is proving to be another point of contention, even among Democrats. Several Democratic senators have...
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More Than 150 Top Business Leaders Back Biden's Covid Plan
As Democrats press ahead with plans to pass a $1.9 trillion Covid relief package by a process that would bypass the need for Republican support, more than 150 CEOs of large American companies are...
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Fed’s Powell Warns Recovery Has a Long Way to Go
By Michael RaineyAlthough Federal Reserve Chair Jerome Powell is a Republican and was appointed by former President Donald Trump, he is proving to be an important ally for Democrats as they push ahead on another...
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House Budget Committee Advances Biden’s $1.9 Trillion Relief Plan
The House Budget Committee voted Monday to advance a $1.9 trillion Covid relief package, setting up the massive legislation for a full floor vote later this week. The 19-16 committee vote saw one...
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Biden’s Pick for Budget Chief Runs Into More Opposition
The confirmation math just got even more complicated for President Biden’s pick to be his budget director. Sens. Susan Collins (R-ME) and Mitt Romney (R-UT) both said Monday that they will oppose...
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Yellen Defends Biden Stimulus Plan
By Michael RaineyCovid-19 is still driving the economy, Treasury Secretary Janet Yellen said Monday, and the federal government needs to spend what it takes to blunt the effects on the population while bringing the...