Congress Plans to Punt Government Shutdown Deadline to Dec. 20 Federal Budget
Congress Plans to Punt Government Shutdown Deadline to Dec. 20

WASHINGTON — Congress plans to extend government funding through Dec. 20, averting the risk of a shutdown next week but setting up a potential spending fight amid likely impeachment votes before the end of the year, according to lawmakers and... Read More

Federal Deficit Just Shy of $1 Trillion for 2019, Highest Since 2012 Federal Budget
Federal Deficit Just Shy of $1 Trillion for 2019, Highest Since 2012
2019-10-25 20:00:10
by Dan McCue

WASHINGTON - The federal deficit for fiscal year 2019 was $984 billion, $205 billion more than in the prior fiscal year, Treasury Secretary Steven Mnuchin announced Friday afternoon. The final accounting from the Treasury Department of the Office of Management... Read More

Budget Hawks Debut PAYGO Tracker 'To Keep Lawmakers Accountable' Federal Budget
Budget Hawks Debut PAYGO Tracker 'To Keep Lawmakers Accountable'
2019-10-10 21:19:11
by Dan McCue

WASHINGTON - The Committee for a Responsible Federal Budget debuted a new tool Thursday -- a PAYGO Tracker -- to keep tabs on how well lawmakers are abiding by budget rules requiring new spending and tax cuts to be offset.... Read More

Federal Deficit Reached $984 Billion in FY2019, Highest in 7 years, CBO estimates Federal Budget
Federal Deficit Reached $984 Billion in FY2019, Highest in 7 years, CBO estimates
2019-10-10 20:35:07
by Dan McCue

WASHINGTON - The federal deficit reached $984 billion in fiscal year 2019, with spending far out pacing revenue, according to an estimate released by the nonpartisan Congressional Budget Office this week. This would be an increase of $205 billion over... Read More

Modernization Panel Takes Hard Look at Budget and Appropriations Process Congress
Modernization Panel Takes Hard Look at Budget and Appropriations Process
2019-09-20 21:21:15
by Dan McCue

WASHINGTON - A House panel charged with improving Congress's procedures and performance took a hard look Thursday at one of the government's most difficult exercises, the annual budget and appropriations process. Last year, the Joint Select Committee on Budget and... Read More

Short-Term Spending Deal Reached to Avert Oct. 1 Shutdown Federal Budget
Short-Term Spending Deal Reached to Avert Oct. 1 Shutdown

WASHINGTON — Congressional Democrats and Republicans reached a deal Wednesday on a stopgap spending bill to avert a U.S. government shutdown on Oct. 1, even as the threat of a closure later in the year continues to build. The short-term... Read More

Border Wall, Other Disputes Sidetrack Senate Spending Work Federal Budget
Border Wall, Other Disputes Sidetrack Senate Spending Work

WASHINGTON — The Senate’s appropriations process fell into disarray Tuesday after a scheduled markup was abruptly postponed in a dispute over policy riders, and a fight over the border wall threatened to hold up defense spending. Democrats were also resisting... Read More

Congress Returns to Gun Control Fight and a Government Shutdown Deadline Congress
Congress Returns to Gun Control Fight and a Government Shutdown Deadline

WASHINGTON — Congress returns to Washington this week amid mounting pressure from Democrats and the public to enact new gun restrictions, but lawmakers from both parties say meaningful action hangs solely on President Donald Trump. Since lawmakers were last in... Read More

Done Deal: Senate Passes Two-Year Budget Agreement Budget
Done Deal: Senate Passes Two-Year Budget Agreement
2019-08-01 18:21:09
by Dan McCue

WASHINGTON - Despite pushback from conservative Republicans, the budget and debt ceiling deal struck by the White House and House Speaker Nancy Pelosi, D-Calif., easily passed the Senate Thursday afternoon. Even with fears that the vote in the Senate would... Read More

PPI Proposes 'Galvanic' Change in Federal Expenditures and Taxes Federal Budget
PPI Proposes 'Galvanic' Change in Federal Expenditures and Taxes
2019-07-26 19:27:03
by Dan McCue

WASHINGTON - If anyone doubted there's serious interest in getting a handle on the nation's debt and the federal budget, the standing room-only crowd that jammed a hearing room in the Longworth House Office Building Thursday afternoon would have quickly... Read More

Budget Deal Done, Blue Dogs Push For Serious Effort to Curb National Debt Federal Budget
Budget Deal Done, Blue Dogs Push For Serious Effort to Curb National Debt
2019-07-26 15:23:46
by Dan McCue

WASHINGTON - The House on Thursday approved a deal to lift the nation's debt ceiling and raise caps set on federal spending for the next two years. But even as the votes were being cast on the measure, members of... Read More

Hoyer Hails Bipartisan Budget Deal Averting 'Brinksmanship' and Potential Crisis Federal Budget
Hoyer Hails Bipartisan Budget Deal Averting 'Brinksmanship' and Potential Crisis
2019-07-23 20:40:31
by Dan McCue

WASHINGTON - House Majority Leader Steny Hoyer said Tuesday a bipartisan agreement on budget caps and the federal debt limits hashed out Monday night is an example of what can happen when elected officials "work together in good faith" for... Read More

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