Key Lawmakers Reach Stopgap Spending Deal to Avert Shutdown
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.
US Budget Deficit Eases to $165 Billion in October
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.
Biden Focuses on Climate, Families in Trimmed $2 Trillion Plan
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, 2021Big Pressure on Biden, Dems to Trim $3.5T Federal Overhaul
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.
Biden: Budget Talks Have Hit ‘Stalemate’
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.
Transportation Panels Pursue Climate, Clean Energy Priorities in $3.5 Trillion Budget
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.
Congressional Republicans, Moderate Democrats Balk at $3.5 Trillion Budget
Top congressional Republicans announced their opposition to Democratic leaders’ pursuit of a $3.5 trillion budget plan that would be considered alongside a big-ticket infrastructure package. Separately, a small group of moderate House Democrats took issue with their party’s legislative timeline.
Biden $6 Trillion Federal Budget Fueled by Higher Taxes
President Joe Biden issued his first full budget proposal May 28, detailing his ambitions to dramatically expand the size and scope of the federal government with more than $6 trillion in spending over the coming fiscal year.
Trump Budget Targets Loan Program That Could Help Lordstown Plant
The Trump administration’s budget proposal scraps a loan program that could help an upstart electric vehicle company’s plans to reuse the now-closed General Motors factory in Lordstown, Ohio.
Fiscal 2021 Budget Proposal Offers Increase for Two FMCSA Programs
Programs managed by federal trucking regulators would see a funding boost under a fiscal 2021 budget request the Trump White House sent to Congress on Feb. 10.