Budget Battles
-
Stimulus Deal Gains Steam as McConnell, Pelosi Talk
-
Pelosi and Schumer Make a Big Concession on Stimulus
-
Senators Float $908 Billion Stimulus Compromise
-
What Biden’s New Economic Team Says About His Agenda
-
What Biden’s Pick of Yellen Means for the Economy and Stimulus
-
Trump Threatens Veto of Defense Bill
-
Virus Surge Could Wallop the Economy Again
-
Biden Calls for Urgent Action on $900 Billion Stimulus Deal
President-elect Joe Biden on Friday called for “urgent action” on a coronavirus-relief package, indicating that lawmakers should pass a bipartisan compromise package as a “down payment” toward...
-
Growing Chorus for Stimulus as Job Growth Slows
By Michael RaineyThe U.S. economy added a disappointing 245,000 jobs in November, the Labor Department announced Friday, the weakest job growth since the economy started recovering in May from the first wave of...
-
Stimulus Deal Gains Steam as McConnell, Pelosi Talk
The prospects of a coronavirus relief bill of some sort passing before the end of the year picked up momentum on Thursday, as House Speaker Nancy Pelosi (D-CA) and Senate Majority Leader Mitch...
-
Trump Doubles Down on Veto Threat
By Michael RaineyDespite pushback from both sides of the aisle, President Trump on Thursday reiterated his threat to veto the annual National Defense Authorization Act if lawmakers fail to include in the bill a...
-
Most Small Business Aid Went to Bigger Businesses: Report
By Michael RaineyThe Paycheck Protection Program was meant to help small businesses keep employees on the payroll for up to eight weeks at the height of the pandemic last spring and summer, but larger businesses...
-
Congress Pushes Back on Trump’s Threat to Veto Defense Bill
By Michael RaineyIn a pair of tweets late Tuesday, President Trump threatened to veto the National Defense Authorization Act unless lawmakers repeal certain legal protections for social media companies. Trump claimed...
-
Pelosi and Schumer Make a Big Concession on Stimulus
Coronavirus stimulus discussions saw some dramatic movement on Wednesday, but it’s not clear yet whether that will translate to real progress toward a deal. House Speaker Nancy Pelosi (D-CA) and...
-
Centrist Senators Float $908 Billion Stimulus Deal
By Michael RaineyIn an effort to break the stalemate over the next coronavirus relief bill, a bipartisan group of lawmakers on Tuesday released the outline of an emergency spending package totaling $908 billion...
-
Long Agenda, Little Time in Washington
By Michael RaineyLame-duck lawmakers returned to Washington this week with some major issues on their plate but just a few legislative days left to address them. Most pressingly, a short-term agreement to fund the...
-
What Biden’s New Economic Team Signals About His Agenda
President-elect Joe Biden on Monday announced his picks for top members of his economic team, with choices that signal a strong focus on providing relief for a Covid-stricken economy and help for the...
-
Trump’s Drug Discount Cards for Seniors Get Pushed Back
By Michael RaineyThe Trump administration plans to send $200 discount cards for prescription drugs to more than 30 million Medicare beneficiaries, but the White House is abandoning an effort to have them shipped out...
-
Trump’s Farm Bailout Pumped $21 Billion Into GOP Counties
By Michael RaineyMore than 90% of the money disbursed by a program that compensates American farmers hurt by retaliatory tariffs during President Trump’s trade war with China was sent to counties that voted...
-
Pelosi Says Help Is On the Way, but When?
Help is on the way, House Speaker Nancy Pelosi (D-CA) said in an interview with MSNBC on Wednesday, referring to the coronavirus relief package she’s been negotiating with the White House. But she...
-
Two New Polls Find Trouble for Trump on the Economy
As the Trump administration and House Speaker Nancy Pelosi (D-CA) scramble to see if they can reach a roughly $2 trillion stimulus deal — while Senate Republicans look to vote on a smaller, $500...
-
McConnell Warns White House Against Pre-Election Stimulus Deal: Report
By Michael RaineyHouse Speaker Nancy Pelosi (D-CA) said Tuesday that lawmakers are moving ahead with a draft of a new coronavirus stimulus bill, despite a lack of agreement on some key provisions. Yet even as Pelosi...