Budget Battles
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Republicans Hammer Biden’s Big Stimulus Plan
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Biden Unveils ‘Wartime’ Covid Response Plan
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Biden Signs 17 Executive Actions on Day 1
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Yellen Tells Congress to ‘Act Big’ to Rescue the Economy
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Trump's Legacy: $7.8 Trillion Rise in Debt
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Biden Unveils $1.9 Trillion ‘American Rescue Plan’
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Trump Impeached Again: What's Next?
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Democrats Ready to Go It Alone on Covid Relief Bill
By Michael RaineyDemocrats are moving ahead with a version of President Joe Biden’s $1.9 trillion relief and stimulus package that could pass without Republican support. Initial votes in the House and the Senate...
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The Battle Over Biden’s Big Stimulus Plan
President Biden’s flurry of first-week executive orders comes as his $1.9 trillion proposal for the next coronavirus relief package faces intense Republican opposition, including from moderates whose...
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Biden Signs New Executive Orders Meant to Provide ‘Critical Lifeline’ to Millions
By Michael RaineyPresident Joe Biden signed two new executive orders Friday, the latest in a series of actions intended to boost the fight against Covid-19, blunt the economic effects of the pandemic and reverse...
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The Next Steps for Biden’s Stimulus Plan
The new administration and new Congress in Washington are quickly running into the same old debates about Covid relief. President Joe Biden has called for a $1.9 trillion pandemic aid package, but...
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Biden Unveils ‘Wartime’ Covid Response Plan
By Michael RaineyIn his first full day in office, President Joe Biden rolled out a comprehensive plan to address the Covid-19 pandemic, releasing a 200-page document outlining his strategy while signing executive...
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Biden Signs 17 Executive Actions on Day 1, With Promise of More to Come
President Biden signed a flurry of executive orders just hours after taking the oath of office on Wednesday, hastening to enact his agenda to address the coronavirus pandemic and to reverse Trump...
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Yellen Tells Congress It’s Time to ‘Act Big’ to Rescue the Economy
Incoming Treasury Secretary Janet Yellen on Tuesday urged Congress to “act big” and deliver more relief to the pandemic-ravaged economy. As she sought to build support for the $1.9 trillion rescue...
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Poll of the Day: About Those $600 Checks
By Michael RaineyMost Americans say the coronavirus stimulus money currently being disbursed by the U.S. Treasury won’t last more than a few weeks, according to a new survey from the personal finance website Bankrate...
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Why Biden’s Ambitious Covid Relief Plan Could Get Cut in Half
By Michael Rainey and Yuval RosenbergPresident-elect Joe Biden’s plan to “rescue” the American economy proposes $1.9 trillion in federal spending to fund a national vaccine program, boost unemployment benefits, provide additional direct...
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Orszag, Rubin and Stiglitz Call for a New Fiscal Framework
The consensus on the dangers of rising debt has shifted dramatically over the last decade. Economists have been reexamining how best to spur recovery and encourage wider-spread prosperity as...
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Number of the Day: Federal Salaries Lag Private Sector by 27%, Report Says
Salaries for federal employees are nearly 27% lower, on average, than those for their private-sector counterparts, according to figures reported Tuesday by the Federal Salary Council, an advisory...
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Trump Open to Extending Shutdown Deadline: Report
Just two days after President Trump raised fresh concerns about the possibility of a government shutdown when stopgap federal funding expires on November 21, the White House said Tuesday that it is...
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Trump Won’t Rule Out Another Shutdown
By Michael RaineySome of President Trump’s critics are worried that he might allow the government to shut down when funding runs out on November 21, in an effort to deflect attention from the ongoing impeachment...
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Senate Passes Spending Package, but Stalemate Over Border Wall Persists
It’s progress, sort of. The Senate on Thursday passed its first spending bills for fiscal 2020, which started at the beginning of this month. The bundle of four bills covers funding for the...
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Time’s Running Out for Government Financial Reports
By Sheila WeinbergFall is often described as a frenzied time in Washington, D.C. lore. After racing to spend any leftover appropriations before the start of a new budget calendar, federal number crunchers are now...