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

Trump Floats Mulvaney Replacements Including Mnuchin and Conway White House
Trump Floats Mulvaney Replacements Including Mnuchin and Conway

WASHINGTON — Donald Trump has for weeks been privately testing the idea of replacing his chief of staff, Mick Mulvaney, who’s swiftly fallen out of favor with some of the president’s allies after high-profile stumbles handling the House impeachment inquiry.... Read More

Ways And Means Chairman Cites ‘Credible Allegations’ Of Misconduct In Presidential Tax Audit Political News
Ways And Means Chairman Cites ‘Credible Allegations’ Of Misconduct In Presidential Tax Audit

WASHINGTON — The House Ways and Means Committee said it had received “credible allegations” from a federal employee of potentially “inappropriate efforts to influence” the IRS’ mandatory audit of presidential tax returns. References to the unexplained allegations were in a... 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

McCarthy Pitches Month-Long Debt Ceiling Stopgap, If Deal Can‘t Be Reached Federal Budget
McCarthy Pitches Month-Long Debt Ceiling Stopgap, If Deal Can‘t Be Reached

WASHINGTON — The House’s top Republican suggested that lawmakers pass a 30-day extension of the debt ceiling to avoid default in early September, if Democrats and the White House can’t agree on compromise discretionary spending caps before leaving for the... Read More

Chairman Neal Issues Subpoenas for Trump Tax Returns Congress
Chairman Neal Issues Subpoenas for Trump Tax Returns
2019-05-10 21:11:51
by Dan McCue

Representative Richard Neal, D-Mass., chairman of the House Ways and Means Committee Friday issued subpoenas for six years of President Donald Trump's tax returns. The subpoenas give Treasury Secretary Steven Mnuchin and IRS Commissioner Charles Rettig until 5 p.m. next... Read More

US-China Trade Talks Break Up With No Deal In Sight In The News
US-China Trade Talks Break Up With No Deal In Sight
2019-05-10 20:28:57
by Dan McCue

High stakes trade talks between the United States and China ended Friday with no agreement in sight and mixed signals from the White House in regard to where things stand. In a pair of tweets sent shortly before the markets... Read More

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