Budget Battles
-
Trump Promises New Tax Cuts for Everyone
-
Biden White House Lays Out Plan for Coming Tax Showdown
-
Trump Tax Cut Extension Would Cost $4.6 Trillion: CBO
-
House Kills Greene Motion to Oust Speaker Johnson
-
Greene Backs Off Johnson Threat, but Issues Four Demands
-
Social Security, Medicare Get Boost From Strong Economy
-
Biden and Trump Joust Over Jobs Report
-
House to Take Up $105 Billion FAA Reauthorization Bill
By Michael RaineyThe House this week is set to take up the $105 billion bill passed by the Senate late on Thursday that would reauthorize the Federal Aviation Administration and the National Transportation Safety...
-
Biden Admin Looks to Use ‘Infrastructure Week’ to Sell Its Successes
The Biden administration is celebrating this year’s “Infrastructure Week” by sending officials including Treasury Secretary Janet Yellen and acting Labor Secretary Julie Su to various locations to...
-
Biden’s Top Economic Advisor Lays Out Principles for Tax Fight Ahead
By Michael RaineyWith many of the 2017 Republican tax cuts set to expire after next year, the White House and Congress are already laying the groundwork for a huge battle over the tax code. On Friday, President Joe...
-
Trump Tax Cut Extension Would Cost $4.6 Trillion: CBO
By Michael RaineyLawmakers in Washington will need to address some serious fiscal questions next year, not least of which is what to do about Trump-era tax cuts set to expire at the end of 2025. Some in Congress want...
-
House Kills Marjorie Taylor Greene Motion to Oust Speaker Johnson
The House on Wednesday afternoon quickly dispensed with Republican Rep. Marjorie Taylor Greene’s motion to oust Speaker Mike Johnson. After a couple days of discussions with Johnson, Greene moved...
-
Biden Touts Economic Policies — and Tweaks a Noted Trump Failure
By Michael RaineyPresident Biden on Wednesday highlighted his “Investing in America” economic strategy in a visit to the site of a Microsoft data center being constructed in Racine, Wisconsin — the same place where...
-
Greene Eases Off Ouster Threat Against Johnson, but Issues Four Demands
Donald Trump may be spending much of his time in a New York courtroom these days — adult film actress Stormy Daniels took a salacious star turn testifying in the hush-money criminal case today — but...
-
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...
-
Trust in Government Hovers Near All-Time Low: Poll
By Michael RaineyIn 1964, 77% of Americans said they believe the federal government does the right thing for the most part, but that proved to be a high-water mark for trust in government and the number has fallen...
-
Who’s Keeping an Eye on $40 Billion in Ukraine Aid?
By Michael RaineyCongress quickly passed a $40 billion aid package for Ukraine in May, but according to a report at Politico, worries about how well that money is being monitored and spent could delay future efforts...
-
Another $700 Million in Military Aid for Ukraine
By Michael RaineyThe U.S. will send another batch of military equipment worth $700 million to Ukraine, including advanced rocket systems, the White House announced late Tuesday. In an op-ed published in The New York...
-
The Coming Budget Squeeze
We told you yesterday about the Congressional Budget Office’s latest update to the federal government’s fiscal outlook, which forecast that the deficit would fall to $1 trillion this year before...
-
Deficit Will Shrink to $1 Trillion This Year — and Then Soar for Years to Come: CBO
By Michael RaineyThe White House has been eager to take credit for the fact that the federal deficit is falling dramatically this year, and a new report from the Congressional Budget Office confirms that the budget...