Budget Battles
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FEMA Spent Half Its Disaster Fund in Less Than Two Weeks
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Trump Pitches Two New Tax Breaks
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Biden Denounces Trump's 'Onslaught of Lies' on Hurricane Relief
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Harris Proposes Major New Medicare Benefit
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Trump Would Balloon the National Debt by Twice as Much as Harris: Report
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Blowout Job Growth Points to ‘Mother of All Soft Landings’
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Cost Estimates Soar for Hurricane Helene
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Biden Calls on Lawmakers to ‘Step Up’ With Hurricane Aid
President Biden and other administration officials warned Friday that Congress will soon need to provide more funding to aid the response to hurricanes Helene and Milton. “We’re going to be going to...
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Biden Calls on Congress to Return and Provide More Hurricane Aid
After Hurricane Milton swept across Florida overnight, leaving a trail of destruction and millions of people without power, President Biden on Thursday called on Congress to come back to Washington,...
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Biden Denounces Trump's 'Onslaught of Lies' on Hurricane Relief
President Biden lashed out repeatedly Wednesday at former President Donald Trump and other Republicans who he accused of undercutting the response effort by promoting conspiracy theories and “...
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Harris Calls for Medicare to Pay for Home Health Care
By Michael RaineyVice President Kamala Harris wants Medicare to start covering the cost of long-term, in-home care for elderly Americans. Appearing on ABC’s “The View” Tuesday morning, Harris outlined her proposal,...
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Trump Would Increase Deficits by $7.5 Trillion, Harris About Half That
By Michael RaineyTax and spending proposals from both presidential candidates would increase budget deficits in the coming years by trillions of dollars, according to a new analysis from the Committee for a...
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White House Slams Trump’s Lies on Hurricane Relief Funding
During a visit to Georgia on Friday, former President Donald Trump criticized the Biden administration’s response to Hurricane Helene and again leveled false accusations that disaster relief funding...
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Hurricane Helene Damages Could Top $250 Billion, Analysts Say
By Michael RaineyThe death toll continues to rise in the wake of Hurricane Helene, as officials announced Thursday that more than 200 people have lost their lives throughout the Southeast as a result of the storm...
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Biden Deploys 1,000 Troops in Southeast as Feds Warn Emergency Funds Running Low
By Michael RaineyPresident Joe Biden traveled to South Carolina, North Carolina and Georgia today, to review the damage caused by Hurricane Helene, which killed at least 160 people with a deluge of water throughout...
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Speaker Johnson Outlines 5-Point Republican Agenda for 2025
House Speaker Mike Johnson pitched Wall Street today on Republicans’ agenda of tax cuts and deregulation, promising to deliver an economic boost while also pursuing “fiscal responsibility” if former...
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Congress May Not Need to Return Early to Provide Emergency Disaster Funding
By Michael RaineyCongressional aides are reportedly saying that there is no need for lawmakers to return to Washington before the election to provide additional disaster relief funding in the wake of Hurricane Helene...
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Moody’s Warns Growing Deficits Could Take a Toll on US Credit Rating
By Michael RaineyPolitical polarization could make it more difficult for the next administration in Washington to address the country’s deteriorating fiscal situation, and that may have negative implications for the...
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Trying to Avoid 'Galactically Stupid' Shutdown, Congress Aims for 3-Month Funding Bill
By Michael RaineyThe House plans to vote this week on a bill that would extend federal funding for 12 weeks, heading off a potential government shutdown on October 1 while pushing the battle over 2025 spending levels...
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Republicans Defy Trump as Congress Works to Defuse Shutdown Threat
Congressional appropriators are reportedly preparing a bipartisan government funding bill to be voted on in the House early next week, moving ahead with a plan that always appeared to be the...
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Speaker Johnson Scrambles for Plan B to Avoid a Shutdown
Now what? That’s the question after House Speaker Mike Johnson’s plan to avert a government shutdown and enact a controversial voter ID requirement failed to pass Wednesday evening, with 14...
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House Torpedoes Johnson Plan to Avert a Shutdown
The House of Representatives on Wednesday evening rejected Speaker Mike Johnson’s plan to avoid a government shutdown at the end of the month, delivering an embarrassing blow to the Republican leader...