Budget Battles
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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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Facing Right-Wing Revolt, Johnson Says He Won't Resign
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Johnson Unveils Plan for Israel, Ukraine Aid
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Trump Throws Johnson a Lifeline: ‘He’s Doing a Very Good Job’
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Biden’s New Student Debt Relief Plan Would Cost $84 Billion: Analysis
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House Conservatives Deal a New Blow to Johnson
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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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Former Biden Administration Economists Launch New Budget Lab
A huge tax fight is looming as a slew of 2017 Republican tax cuts are scheduled to expire at the end of 2025 — and, as Natasha Sarin writes at The Washington Post , the government’s budgetary...
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Biden Administration Forgives Another $7.4 Billion in Student Debt
By Michael RaineyPresident Joe Biden on Friday announced another round of student loan forgiveness, part of a piecemeal effort that has seen $153 billion in debt erased for 4.3 million borrowers. The latest round of...
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Trump Throws Johnson a Lifeline: ‘He’s Doing a Very Good Job’
Still facing a threat from his own party to oust him from his job, House Speaker Johnson scored some MAGA cred Friday by appearing with former President Donald Trump at a Mar-a-Lago news conference...
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Baltimore Bridge Disaster Could Wipe Out Federal Emergency Fund
By Michael RaineyThe effort to rebuild Baltimore’s Francis Scott Key Bridge could overwhelm a key federal emergency fund that is already facing more requests for help than it can handle. As The Washington Post’s...
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US Plans to Use $7 Billion in Frozen Funds for Afghan Relief and 9/11 Lawsuits
By Michael RaineyPresident Joe Biden issued an executive order Friday clearing the way to release $7 billion held in the U.S. that was deposited by the central bank of Afghanistan before the Taliban took over last...
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Biden’s Plan B for Build Back Better: A Deficit-Reduction Bill?
The White House is reportedly considering revamping President Biden’s Build Back Better economic plan and making it more of a deficit-reduction package in an effort to win the support of Sen. Joe...
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Manchin’s Inflation Concerns Dampen Dem Hopes for Major Spending Plan
Democrats’ plans to resurrect some version of their Build Back Better social spending and climate package already appeared to be hanging by a thread, with some in the party acknowledging that they...
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Congress Looks to Deliver a $50 Billion Rescue Plan for the US Post Office
Congress took a big step Tuesday toward reforming the U.S. Postal Service’s shaky finances and allowing the ailing agency to move ahead with modernization efforts. The House overwhelmingly approved a...
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A ‘Breakthrough’ in Budget Talks
By Michael RaineyTop Senate negotiators in the budget talks for fiscal year 2022 said Wednesday that a deal is now within sight. “We have reached an understanding on the framework, which lets us go to the next step...