Budget Battles
-
Trump’s Tax and Tariff Plans Are a ‘Major Mistake,’ Biden Warns
-
Trump ‘Can’t Guarantee’ Tariffs Won’t Raise Prices
-
Job Growth Surges, but Unemployment Rate Creeps Higher
-
Musk and Ramaswamy Hit Capitol Hill for DOGE ‘Brainstorming’
-
Republicans Already Clashing Over Trump Policy Rollout
-
Trump Vows to Block Sale of US Steel to Japanese Company
-
Trump Threatens 100% Tariffs Against BRICS Nations
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
Why $1 Trillion Annual Deficits Are on the Horizon Again
By Eric PianinWhile the Trump administration and a Republican Congress press for a major military buildup, new infrastructure and trillions of dollars’ worth of tax cuts, the federal government has quietly begun...
-
Congress Must Raise Debt Ceiling by Mid-October: CBO
By Ginger Gibson, ReutersWASHINGTON (Reuters) - The U.S. Congress will need to raise the nation's debt limit by early to mid-October to avoid defaulting on loan payments, the Congressional Budget Office said in a report on...
-
Defense Expects a Huge Increase, but They May Already Have What They Need
By Eric PianinProminent Republican defense hawks including Senate Armed Services Committee Chair John McCain of Arizona and House Armed Services Committee chief Mac Thornberry of Texas have loudly complained that...
-
How Highway Tolls Can Make US Infrastructure Great Again
By Robert Krol, The Fiscal TimesThe president has failed to sell the advantages associated with tolling highways to the American people and to Congress. Here’s what he could say.
-
Republicans Are Getting Serious About a Plan to Extend Major Tax Cuts
By Rob GarverThere is increasing enthusiasm among congressional Republicans for a plan to change the way the long-term costs and benefits of tax and spending policies are calculated -- one that would allow the...