budget

Government, Business, Technology, Safety, Fuel

Congress Eyes Finish Line for Freight-Centric Budget Bill

Pelosi House Speaker Nancy Pelosi speaks during a past press conference. (Eric Lee/Bloomberg News)

Debate on a multibillion-dollar budget bill targeting supply chain connectivity concerns, clean energy initiatives and economic incentives remains front-and-center on Capitol Hill.

Eugene Mulero | Senior Reporter
August 11, 2022
Government

Congress Kicks Off Budget Season as White House Responds to Fuel Prices

Pete Buttigieg Transportation Secretary Pete Buttigieg is asking Congress to approve $142 billion for his department in the fiscal 2023 budget. (Senate EPW Committee via YouTube)

The leadership of federal agencies will visit Capitol Hill over the next few weeks to defend their slice of the White House’s far-reaching budget plan.

Eugene Mulero | Senior Reporter
April 13, 2022
Government, Business

Biden Pitches $5.8 Trillion Plan With Record Tax Hike

President Biden arrives at White House after returning from Europe President Joe Biden arrives on Marine One on the South Lawn of the White House March 27 after a four-day trip to Europe. (Carolyn Kaster/Associated Press)

President Joe Biden’s budget release on March 28 is shaping up as a direct appeal to moderate Democrats, emphasizing deficit reduction and flexibility on social spending as the White House hopes to win support for new legislation before November’s midterm elections.

March 28, 2022
Government, Business

Biden Economic Bill Pushed to 2022 Amid Democrats’ Discord

Biden Economic Bill Pushed to 2022 Amid Democrats’ Discord President Joe Biden (Evan Vucci/Associated Press)

Senate Democrats are abandoning efforts to pass President Joe Biden’s $2 trillion economic agenda this year, delivering a political blow to the White House, which has failed to rally the fractious party around its signature legislation.

December 16, 2021
Government, Business

Key Lawmakers Reach Stopgap Spending Deal to Avert Shutdown

Key Lawmakers Reach Stopgap Spending Deal to Avert Shutdown The U.S. Capitol stands in Washington, D.C. (Andrew Harrer/Bloomberg)

House Democrats released a bipartisan short-term spending bill to keep the government open after midnight Dec. 3 and plan to put it to a House vote later Dec. 2.

Erik Wasson | Bloomberg News
December 2, 2021
Government, Business

US Budget Deficit Eases to $165 Billion in October

US Budget Deficit Eases to $165 Billion in October The U.S. Treasury Department building at dusk. (Patrick Semansky/Associated Press)

The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic.

Matt Ott | Associated Press
November 10, 2021
Government, Business

Biden Focuses on Climate, Families in Trimmed $2 Trillion Plan

Rep. Pramila Jayapal (D-Wash.), the chair of the Congressional Progressive Caucus, surrounded by other lawmakers. Rep. Pramila Jayapal (D-Wash.), the chair of the Congressional Progressive Caucus (center) and other lawmakers speak with the press Oct. 19. (Susan Walsh/Associated Press)

WASHINGTON — Scaling down his Build Back Better plans, President Joe Biden on Oct. 19 described a more limited vision to Democratic lawmakers of a $2 trillion government-overhaul package with at least $500 billion to tackle climate change and money for middle-class priorities — child tax credits, paid family leave, health care and free pre-kindergarten.

October 19, 2021
Government, Business

Big Pressure on Biden, Dems to Trim $3.5T Federal Overhaul

Sen. John Barrasso hoists a copy of the Democrats' $3.5 trillion "Build Back Better" package Sen. John Barrasso (R-Wyo.) hoists a copy of the Democrats' $3.5 trillion "Build Back Better" package as he speaks to reporters Sept. 28. (J. Scott Applewhite/Associated Press)

WASHINGTON — Pressure mounting, President Joe Biden and Democrats in Congress strained Sept. 28 to trim back his $3.5 trillion government overhaul to win support from two key holdout senators ahead of make-or-break deadlines for votes.

Lisa Mascaro and Alan Fram | Associated Press
September 28, 2021
Government, Business

Biden: Budget Talks Have Hit ‘Stalemate’

President Joe Biden Biden speaks about the looming budget deadline facing Congress. (Patrick Semansky/Associated Press)

WASHINGTON — President Joe Biden said Sept. 24 that talks over his $3.5 trillion rebuilding plan have hit a “stalemate” in Congress as he made the case for his expansive effort to recast the nation’s tax and spending programs and make what he sees as sweeping, overdue investments.

September 24, 2021
Government, Business, Safety

Transportation Panels Pursue Climate, Clean Energy Priorities in $3.5 Trillion Budget

Pelosi Speaker Nancy Pelosi at a previous press conference. (Stefani Reynolds/Bloomberg News)

House Speaker Nancy Pelosi is urging Democrats to unify in support of a $3.5 trillion budget proposal that would help advance President Joe Biden’s domestic agenda, including social aid programs and climate change policies.

Eugene Mulero | Senior Reporter
August 19, 2021

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