Federal Budget

Pelosi, Mnuchin Agree to Avoid Government Shutdown in October
Congress
Pelosi, Mnuchin Agree to Avoid Government Shutdown in October

WASHINGTON — House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have agreed to work to avoid a government shutdown right before the election, and not let the stalemate over virus-relief legislation hold up a vital stopgap spending bill. Their... Read More

$1.3 Trillion Spending Package Approved by House, Includes $500 Million For Election Security
Congress
$1.3 Trillion Spending Package Approved by House, Includes $500 Million For Election Security
2020-07-31 19:31:48
by Dan McCue

WASHINGTON - The U.S. House of Representatives on Friday approved a $1.3 trillion spending package which includes bills to fund almost all of the federal government while providing an additional $500 million for election security. The so-called minibus passed 217-197... Read More

House Passes $259.5 Billion Spending Package
Congress
House Passes $259.5 Billion Spending Package
2020-07-24 20:19:01
by Dan McCue

WASHINGTON - The House approved a $259.5 billion spending package Friday, rejecting a White House proposal to slash the budgets of the State Department and Environmental Protection Agency, and providing ample funding for the humanities. The four-bill minibus, the first... Read More

House Proposes Billions of Dollars for Technology Throughout Government
Congress
House Proposes Billions of Dollars for Technology Throughout Government

WASHINGTON — In recent weeks, House appropriators have approved hundreds of billions of dollars in government funding for fiscal 2021, culminating in the Appropriations Committee’s July 15 approval of legislation that would provide nearly $51 billion for the Homeland Security... Read More

US Budget Deficit Hits All-Time High of $864 Billion in June
Federal Budget
US Budget Deficit Hits All-Time High of $864 Billion in June

WASHINGTON (AP) — The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues. The Treasury Department reported Monday... Read More

The Congressional Appropriations Process Explained
Federal Budget
The Congressional Appropriations Process Explained
2020-07-10 19:50:05
by Dan McCue

WASHINGTON - When House Majority Leader Steny Hoyer explains the congressional appropriations process, it all sounds so simple. "Funding the government is the Constitutional responsibility of the Congress," he told The Well News recently, in a statement for this article.... Read More

House Military Spending Bill Barring Funds for Border Wall Advances
Congress
House Military Spending Bill Barring Funds for Border Wall Advances

WASHINGTON — House appropriators approved a $115.5 billion Military Construction-VA spending bill Thursday on a 30-20 vote, with Texas Republican Will Hurd joining Democrats to advance the legislation to the floor. The rest of the panel’s Republicans opposed Democrats’ decision to add $12.5 billion... Read More

Busy Summer Ahead for Appropriators After Pandemic Delays
Federal Budget
Busy Summer Ahead for Appropriators After Pandemic Delays

WASHINGTON — Lawmakers in the coming weeks will begin deciding how to spend another $1.4 trillion in annual appropriations, diving into debates over funding President Donald Trump’s border wall, public health programs and more after coronavirus-related delays sidelined the process... Read More

CBO: May Deficit Down From April, But Still Huge Amid Pandemic
Federal Budget
CBO: May Deficit Down From April, But Still Huge Amid Pandemic

WASHINGTON — The Congressional Budget Office estimated that the federal deficit in May was $424 billion, substantially lower than April’s $738 billion but still the second-largest monthly shortfall since records have been kept. The deficit for the first eight months... Read More

CBO Report Says Federal Highway Fund Could Go Broke In 2022
Transportation
CBO Report Says Federal Highway Fund Could Go Broke In 2022
2020-05-27 19:19:25
by Gaspard Le Dem

WASHINGTON - Federal funding for U.S. highway projects could soon run out, according to a new report by the Congressional Budget Office, a nonpartisan agency that gives lawmakers advice on economic and budgetary matters. The Highway Trust Fund -- a... Read More

US Citizenship and Immigration Services Seeks $1.2 Billion From Congress
Immigration
US Citizenship and Immigration Services Seeks $1.2 Billion From Congress

WASHINGTON — U.S. Citizenship and Immigration Services has requested $1.2 billion in emergency funding due to a drastic decline in green card and other visa applications that could drain its fee-based coffers by this summer, the agency said Monday. USCIS,... Read More

GOP Finds Deficit-Scold Voice Again, Adding Snag to Talks on Aid
Federal Budget
GOP Finds Deficit-Scold Voice Again, Adding Snag to Talks on Aid

The flood of pandemic-relief spending from Washington has rekindled deficit concerns among Republican lawmakers, one of several hurdles facing the next round of stimulus many economists say is needed to pull the U.S. out of its downward spiral. After backing... Read More

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