Budget Battles
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White House Warns of Recession if...
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McConnell Warns Yellen GOP Won’t Help Raise Debt Ceiling
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Biden Jumps Into Democrats’ Big Budget Battle
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A Middle-Class Tax Cut — or Is it a Tax Hike?
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Democrats Lay Out Their Tax Hike Plans
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Biden Defiant as Republicans Blast New Vaccine Rules
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Biden’s New Plan to Lower Drug Prices
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Democrats Set Up a Shutdown and Debt Limit Showdown With GOP
Congress is back, and it’s going to be busy. House lawmakers returned today, meaning that both chambers of Congress are in session for the first time since July. They have a thicket of interconnected...
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McConnell Warns Yellen GOP Won’t Help Raise Debt Ceiling
By Michael RaineyFacing a potential default on U.S. debt payments in a matter of weeks, Treasury Secretary Janet Yellen called Senate Majority Leader Mitch McConnell on Wednesday to ask for his bipartisan cooperation...
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Biden Jumps Into Democrats’ Big Budget Battle
By Michael RaineyWith House Democrats rushing to meet a September 15 deadline for writing the $3.5 trillion spending package that contains much of President Joe Biden’s economic agenda, the president himself jumped...
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Covid Relief Programs Saved Millions From Poverty: Census
By Michael RaineyBy at least one key measure, the percentage of the population living in poverty fell to a record low in 2020, thanks to the unprecedented relief effort by the federal government in response to the...
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House Democrats Lay Out Their Tax Hike Plans
By Michael RaineyHouse Democrats on Monday released a package of revenue increases that would raise roughly $2.9 trillion over 10 years to help offset the cost of President Joe Biden’s $3.5 trillion economic plan. On...
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House Ways and Means Committee Approves Medicare Expansion
The House Ways and Means Committee voted on Friday to advance a measure expanding Medicare coverage to include vision, hearing and dental care. Under the plan, vision benefits would begin in 2022 and...
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Democrats May Use Short-Term Funding Bill to Suspend the Debt Ceiling
By Michael RaineyFunding for a good chunk of the federal government runs out when the fiscal year ends on September 30, and the White House is reportedly pushing Congress to pass a short-term continuing resolution to...
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Biden Outlines New Plan to Combat Covid-19
By Michael RaineyFaced with a late-summer surge in Covid-19 infections, hospitalizations and deaths, President Joe Biden announced on Thursday a new plan to combat the virus. Among other initiatives, the six-point...
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Unemployment Aid Programs End for Millions of Jobless Workers
By Michael RaineySeveral unemployment aid programs designed to soften the blow of job loss during the Covid-19 crisis expired Monday, eliminating or sharply reducing benefits for millions of jobless workers. The...
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Huge Hurdles for Democrats' $3.5 Trillion Spending Plan
By Michael RaineyDemocratic lawmakers in the coming weeks will attempt to craft what could be the largest spending package in U.S. history. The effort will pick up speed on Thursday when the House Ways and Means...
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Pelosi Strikes a Deal, and House Passes $3.5 Trillion Budget Plan
By Michael RaineyThe House on Tuesday adopted a $3.5 trillion budget resolution, taking a major step toward enacting President Biden’s ambitious economic agenda that calls for increased spending on education, health...
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Pelosi Dares Moderate Dems to Blow Up Biden Agenda
House Democrats returned to the Capitol today looking to mend intraparty rifts and resolve a standoff that threatens to derail their economic agenda and scuttle President Biden’s proposed expansion...
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Consultants Raking In Millions From Government Covid Contracts: Report
By Michael RaineyPrivate consultants have been running key parts of the governmental response to the Covid-19 pandemic, and that isn’t always producing the best results, according to an analysis by The Washington...
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Taliban Seizes Billions in US-Supplied Weaponry
By Michael RaineyThe Taliban has seized billions of dollars’ worth of U.S.-supplied military equipment in Afghanistan following their rapid defeat of government forces in that country. Images of Taliban fighters...
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In Democratic Standoff, Manchin and Sinema Advising House Moderates: Report
Centrist Democratic Sens. Joe Manchin and Kyrsten Sinema are reportedly advising — and encouraging — the nine moderate House Democrats who are threatening to derail the party’s $3.5 trillion budget...