Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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Factbox: What happens in a U.S. government shutdown?
By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, ReutersIn shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...
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Trump Tries to Sell Tax Reform to Democrats
By David Morgan, ReutersWASHINGTON (Reuters) - President Donald Trump intensified his efforts to sell Democrats on his tax reform plan on Wednesday even as Senate Republicans edged closer to passing a budget measure that...
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Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform
By David Morgan, ReutersWASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform...
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No Talk of Ousting Speaker Ryan, Key Conservative Says
By ReutersMany Republicans are unhappy with the deal President Donald Trump reached last week with Democratic leaders to raise the government's debt ceiling and allow it to continue financing federal spending...
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Congress sends Trump disaster aid, debt limit increase
By Richard Cowan and Amanda Becker, ReutersWASHINGTON (Reuters) - The U.S. House of Representatives approved a bill to provide disaster aid, extend the debt ceiling and fund the federal government for three months on Friday, delivering on...
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As Trump Announces Afghanistan Strategy, Here’s What the War Has Cost
President Trump will deliver his first prime-time address to the nation at 9 p.m. EDT tonight and is expected to announce that he’s sending thousands more U.S. troops to Afghanistan. If that is the...
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Trump’s Proposed Budget Cuts Inspire a Monthly Fast in Protest
While many of us will be looking at or talking about the solar eclipse today, a group of religious anti-hunger activists are trying to draw the public's attention elsewhere. As USA Today reported on...
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Why Trump’s Press Conference Was Disappointing Even Before It Got Controversial
President Trump's statement from Trump Tower on Tuesday afternoon was supposed to be about what the White House called “the Infrastructure Discussion” — but that’s not what’s being discussed after...
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Budget Hawks Call for ‘Mini-Bargain’ to Address the Debt and Deficit
By Rob GarverPerhaps it’s a mark of diminished expectations of the federal government’s ability to get things done, or just a concession to the reality that the country’s fiscal problems are simply too large to...
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The Looming Fiscal Train Wreck Means Trump Won’t Get His Wall. Here’s Why
By Eric Pianin and Rob GarverCongress has religiously missed its deadline for passing a budget and related spending bills for eight consecutive years. And from the looks of a looming fiscal train wreck this fall, congressional...
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Deficits to shrink through 2015, but debt to deepen: CBO
By David Lawder, ReutersWASHINGTON (Reuters) - The budget deficit will drop below $1 trillion this year for the first time during Barack Obama's presidency, the Congressional Budget Office said on Tuesday, but it warned...
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Obama proposes short-term budget fix, Republicans swiftly object
By Jeff Mason and Mark Felsenthal, ReutersWASHINGTON (Reuters) - President Barack Obama on Tuesday urged Congress to pass a small package of spending cuts and tax reforms to delay larger, automatic cuts from going into effect and damaging...
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Iran's Ahmadinejad seeks strategic axis with Egypt
By Tom Perry, ReutersCAIRO (Reuters) - President Mahmoud Ahmadinejad, on the first visit to Cairo by an Iranian leader in more than three decades, called for a strategic alliance with Egypt and said he had offered the...
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Will Obama’s Bag Woman Pritzker Get Commerce Post?
By Josh Boak, The Fiscal TimesBillionaire hotel heiress Penny Pritzker is reportedly in the mix to become Commerce secretary—a cabinet post that’s been vacant for a total of 12 months during the course of Barack Obama’s...
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Carried Interest: What Is it? An Explainer
By Maureen Mackey, The Fiscal TimesWhen it comes to closing tax loopholes at a time of tremendous fiscal challenges, a type of income known as carried interest almost always gets a sharp look. The Fiscal Times explains why.