Inflation Reduction Act Could Save Nearly $2 Trillion Over 20 Years: Analysis
Democrats’ Inflation Reduction Act would cut federal budget deficits by more than $100 billion through 2031, according to an analysis published...
Sinema Seeks Changes to Tax, Climate Provisions in Dems’ Bill: Reports
Sen. Kyrsten Sinema (D-AZ) has yet to speak publicly about her views on Democrats’ last-minute budget package, but multiple reports Wednesday indicate...
Democrats Barrel Ahead on $740 Billion Plan
Senate Democrats hope to vote on their proposed Inflation Reduction Act as soon as quickly as possible, but it’s not clear how long it might take to...
House Passes Chips Bill, Delivering a Bipartisan Win for Biden
The House of Representatives on Thursday passed a $280 billion package aimed at bolstering the U.S. semiconductor industry and boosting domestic...
Dems Race to Pass New ‘Inflation Reduction Act’
President Joe Biden on Thursday touted Democrats’ new package of climate, tax and health care measures — now dubbed the Inflation Reduction Act of...
Democrats Say They Have a $670 Billion Deal on Climate, Health Care and Inflation
Senate Majority Leader Chuck Schumer (D-NY) and Sen. Joe Manchin (D-WV) announced Wednesday that they have reached a long-awaited agreement on...
Poll of the Day: Democrats’ Infrastructure Messaging Mess
President Joe Biden signed the $1.2 trillion bipartisan Infrastructure Investment and Jobs Act into law on November 15, 2021, providing $550 billion...
Semiconductor Bill Will Add $79 Billion to the Deficit: CBO
A bipartisan bill that proposes to spend upwards of $250 billion on domestic semiconductor production and development would increase the federal...
Biden’s $37 Billion Plan to Fight Crime
In his 2023 budget request, President Joe Biden proposes to spend $37 billion on a number of crime-fighting efforts, and on Thursday the White House...
The Government’s $473 Million Software Error
A Treasury Department software flaw resulted in nearly $473 million in uncollected debts owed to dozens of federal agencies, according to an audit...