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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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...
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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...
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‘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...
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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...
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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...
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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...
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Biden Admin Releases Draft of Student Loan Forgiveness Plan
By Michael RaineyThe Department of Education on Tuesday released a first set of draft rules for President Joe Biden’s proposed plan to provide billions of dollars in forgiveness of student loan debt. The rules will...
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Facing Right-Wing Revolt Over Foreign Aid Plan, Johnson Says He Won't Resign
House Speaker Mike Johnson insisted Tuesday that he will not give up his gavel after a second member of his Republican conference called for his ouster, joining in a revolt by Georgia Rep. Marjorie...
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Nearly 1 in 4 of Those Removed From Medicaid Now Uninsured
By Michael RaineyMillions of Americans have been removed from state-level Medicaid programs over the last year, following the official end of the Covid-19 pandemic and the return to pre-pandemic rules governing...
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Johnson Unveils Plan for Aid to Israel, Ukraine
Iran’s unprecedented direct attack on Israel this weekend has ramped up the pressure on Speaker Mike Johnson to decide on a path forward for foreign aid funding that has been stalled in the House for...
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Tax Revenues Surge, With Meme Stocks Providing a Boost
By Michael RaineyTax collections in the current fiscal year are running at a record high so far — about 43% higher than during the same period in 2019, the last full year before the onset of the Covid-19 pandemic —...
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Group of House Democrats Presses Pelosi for Vote to Fund the Police
A group of 19 Democrats is urging House Speaker Nancy Pelosi (D-CA) and congressional leaders to hold a vote on bipartisan legislation to increase funding for local police departments across the...
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Does the Supreme Court Leak Upend Democrats’ Agenda?
By The Fiscal Times StaffNews that the Supreme Court likely plans to overturn Roe v. Wade overwhelmed just about everything else in Washington today, and the uproar raises the question of whether the abortion rights issue...
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Manchin Hosts Another Bipartisan Energy Meeting, Fueling Fears About Dems’ Plans
Sen. Joe Manchin (D-WV) convened another bipartisan meeting of lawmakers Monday night to discuss a package of climate and energy measures he’s looking to put together, even as some fellow Democrats...
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Medicare Advantage Plans Sometimes Deny Medically Necessary Care: Report
By Michael RaineyPrivate Medicare Advantage insurance plans are growing rapidly in popularity and are expected to cover a majority of Medicare beneficiaries within just a few years, but according to a report by a...