Budget Battles
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Biden’s Controversial New Plan to Lower Drug Costs
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Senate Republicans Block Ukraine Aid Package
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Republicans Give Dems an Ultimatum on Ukraine Aid
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White House Warns: ‘We Are Out of Money’ for Ukraine
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Battle Over 'Woke' Policies Threatens Defense Bill
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Inflation Slows Again: Soft Landing Ahead?
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US Economy Turns Up the Sizzle
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Biden Admin Threatens to Seize Publicly Funded Drug Patents
By Michael RaineyThe Biden administration took steps Thursday that could clear the way for the federal government to seize the patents of high-priced pharmaceuticals that were developed using public funds. The move...
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Senate Republicans Block Ukraine Aid Package
By Michael RaineyRepublican senators on Wednesday blocked a procedural vote on a $111 billion national security package that includes roughly $61 billion in aid for Ukraine as well as funds for Israel and immigration...
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Johnson Insists on Sweeping Border Changes in Exchange for Ukraine Aid
By Michael RaineyRepublican and Democratic lawmakers appear to be moving further apart on a $111 billion supplemental spending package that includes billions in aid for Ukraine, Israel and Taiwan, as well as changes...
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White House Warns Congress: ‘We Are Out of Money’ For Ukraine
By Michael RaineyThe White House warned lawmakers Monday that the U.S. will run out of funds to aid Ukraine in just a few weeks if Congress fails to pass the emergency funding package requested by President Joe Biden...
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Medicaid Expansion Opens Up Coverage for 600,000 in North Carolina
By Michael RaineyMore than 600,000 residents of North Carolina will gain access to health insurance starting today thanks to the expansion of the state’s Medicaid program. Since his election in 2016, Democratic Gov...
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Defense Policy Bill Sets Up Test for Speaker Johnson
Negotiations between the House and Senate on the annual defense policy bill reportedly got bogged down this week by partisan differences over hot-button issues. “With a battle over the annual...
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Border Security Showdown Could Sink Biden’s $106 Billion Aid Package
Senate Majority Leader Chuck Schumer is aiming to hold a vote next week on a $106 billion aid package for Ukraine, Israel and Taiwan, but that plan depends on whether lawmakers can forge an agreement...
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Crunch Time for Israel and Ukraine Aid: Can Congress Get It Done?
By Michael RaineyWhile lawmakers may have postponed their battle over government funding until after the December holidays thanks to a stopgap funding bill, Congress still must address numerous serious issues in the...
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The Next Fiscal Fight Is Just Days Away
Congressional lawmakers have left themselves loads of work to tackle when they return from their current Thanksgiving break — and some real questions about just what they can get done. While Congress...
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Significant Drop in Medicaid Enrollment Expected in 2024
By Michael RaineyAs states continue to purge their Medicaid rolls following the end of the Covid-19 pandemic last spring, officials expect the large declines in enrollment – now exceeding more than 10 million overall...
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House Speaker’s Unconventional Plan to Avert Shutdown Faces Its First Big Test
The House Rules Committee is set to vote tonight on a stopgap extension of federal funding that would prevent a government shutdown starting Saturday — the first big test for the unconventional, two-...
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Romney and Manchin Call for Commission to Stabilize US Debt
By Michael RaineySens. Mitt Romney of Utah and Joe Manchin of West Virginia introduced a bill Thursday that would create a commission tasked with stabilizing the national debt. Warning that the nation’s finances are...
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New Speaker, Same Problems for House GOP on Spending Bills
House Republicans may have a new speaker, but they’re running into the same old problems when it comes to passing spending bills. With the threat of a government shutdown looming just eight days away...
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Fight Over Immigration Policy Could Delay Aid for Israel, Ukraine
By Michael RaineyWith just nine days to go before funding runs out for large swaths of the federal government, lawmakers are still having trouble agreeing on how to proceed. House Republicans had hoped to vote today...
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US Debt Costs Hit $1 Trillion a Year: Analysis
By Michael RaineyPersistent budget deficits combined with a big jump in interest rates translate into a rapidly rising cost of servicing the national debt. According to an analysis by Bloomberg News, the annual cost...