Budget Battles
-
Johnson Defies Hardliners, Pushes Ahead With Foreign Aid Plan
-
Facing Right-Wing Revolt, Johnson Says He Won't Resign
-
Johnson Unveils Plan for Israel, Ukraine Aid
-
Trump Throws Johnson a Lifeline: ‘He’s Doing a Very Good Job’
-
Biden’s New Student Debt Relief Plan Would Cost $84 Billion: Analysis
-
House Conservatives Deal a New Blow to Johnson
-
Marjorie Taylor Greene Fires Another Warning Shot at Johnson
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
Biden’s New Student Debt Relief Plan Would Cost $84 Billion: Analysis
President Joe Biden’s new student debt relief plans are projected to cost $84 billion if enacted, according to the Penn Wharton Budget Model . That total includes about $58 billion from waiving...
-
Congress Careens Toward a Crisis
It sure looks like we’re heading for a full-blown crisis. The House is set to vote this evening on a stopgap government funding bill that would also suspend the federal borrowing limit through...
-
Biden Pledges to Double Aid to Developing Countries Dealing With Climate Change
President Joe Biden announced that he would work with Congress to double the funding the United States provides each year to help developing countries cope with climate change and reduce their...
-
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...
-
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...
-
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...