Budget Battles
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Greene Backs Off Johnson Threat, but Issues Four Demands
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Social Security, Medicare Get Boost From Strong Economy
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Biden and Trump Joust Over Jobs Report
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IRS Unveils Plan to Crack Down on the Rich
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Marjorie Taylor Greene Says She’ll Force Vote to Oust Johnson
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Democrats Say They’re Ready to Rescue Mike Johnson
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‘A Good Day for America’: Biden Signs $95 Billion Foreign Aid Bill
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Experts Warn of a Coming Fiscal Crisis as Trump Prepares to Take Charge
By Eric PianinWith the Republicans’ new national agenda in a state of flux just a month before President-elect Donald Trump takes the oath of office, some budget and tax analysts are warning of a dimming fiscal...
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Both Trump and Clinton Would Drive the Federal Budget off a Cliff
By Rob GarverA new analysis of the major party candidates’ tax and spending plans by the Committee for a Responsible Federal Budget shows that Republican Donald Trump and Hillary Clinton are both advocating...
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Trump Policy Advisor Promises an Astounding $7 Trillion Surplus
By Rob GarverDonald Trump sent Sam Clovis, who identifies himself as Trump’s chief policy advisor and the national co-chair of his presidential campaign, to Washington on Wednesday to talk to an audience of...
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Two Year Budget Deal Passes in the House
By Kelsey Snell, The Washington PostCongress on Wednesday moved a step closer to clearing a bipartisan budget deal that would boost spending for domestic and defense programs over two years while suspending the debt limit into 2017...
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Four Political Issues That Could Tank the Markets
By Jeff Cox, CNBCDonald Trump's raucous presidential campaign won't be the only thing lighting the political fires this fall. A handful of significant deadlines and policy decisions loom for Washington and Wall...
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Washington Inches Toward Another Fiscal Cliff
By Eric PianinAfter a long day of partisan finger pointing over the Amtrak train disaster, bickering over the defense budget, and worrying that the government is short-changing vital highway and infrastructure...
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Obama’s Spending Spree Could Push Long-Term Deficit over $1 Trillion
By Matthew Sabas, The Fiscal TimesThe decrease in the federal budget deficit has been touted as an accomplishment by many—most recently by President Obama during his State of the Union Address—but America’s debt situation is far from...
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Will the Dow Cross 18,000 Threshold in the Week Ahead?
By Patti Domm, CNBCTraders will be searching for any signs the economy and job market are really kicking into higher gear, as Friday's jobs report suggests. November saw the strongest employment gains in 35 months, and...
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Lame-Duck Action Could Add $1.5T to Long-Term Debt
By Eric PianinLargely under the radar screen, lawmakers are toying with ideas that could add as much as $1.5 trillion to the national debt in the coming decade. Washington is transfixed on President Obama’s new...
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$1.5B Over Budget, 10 Years Late: DHS HQ May Be Cut Off
By Jerry Markon, The Washington PostThe Department of Homeland Security’s long-delayed new headquarters is running into trouble in Congress again, with Republican lawmakers seeking to end funding for the troubled project and Democrats...
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Deficit Drops 38 Percent as Budget Talks Heat Up
By Eric PianinThe federal government completed fiscal 2013 with a shortfall of $680 billion – a startling turnabout after four consecutive years of trillion dollar deficits and the worst economic conditions since...
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The Gloves Are Off (Already) at Budget Conference
By Brianna Ehley, The Fiscal TimesIt didn’t take long Wednesday for rosy talk about bipartisanship and “common ground” to give way to bare-knuckled haggling over a new budget as the first House-Senate budget conference committee in...
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House GOP Suffers Epic Collapse in Public Support
By Josh Boak, The Fiscal TimesCNN released a new poll on Monday with terrible news for the GOP—54 percent of Americans think it’s “bad for the country” that Republicans control the House of Representatives. Only 38 percent...
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GOP on the Losing End of 4 Fiscal Crises
By DAVID A. FAHRENTHOLD, The Washington PostThere was so much more they wanted to do. Three years ago, Republicans retook the House with a fire-eating confidence and an ambitious plan to remake the U.S. government. They wanted to cut spending...
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How Congress Became an Incompetent Bureaucracy
By Bruce Bartlett, The Fiscal TimesIn recent years, ideology, especially right-wing ideology, has been the dominant factor in congressional elections. But historically this has not been the case. Voters mostly looked for simple...