Congressional leaders make progress on debt, spending talks
Top leaders of both parties in Congress made better-than-expected progress Tuesday on two must-do items on the legislative agenda: averting automatic budget cuts and meeting a deadline later this year to increase the government's borrowing limit.
New U.S. military budget focused on China despite border talk
To a remarkable degree, the 2020 Pentagon budget proposal is shaped by national security threats that acting Defense Secretary Patrick Shanahan has summarized in three words: “China, China, China.”…
WATCH: White House says Trump’s budget reins in ‘reckless’ spending despite large projected deficits
The administration is counting on robust growth, including from the Republican tax cuts — which Trump wants to make permanent — to push down the red ink.
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March 10, 2019 – PBS NewsHour Weekend full episode
On this edition for Sunday, March 10, the latest on Sunday's deadly crash of an Ethiopian Airlines flight, Republican strategist Frank Luntz on the political divide, Utah's Moab Musical Festival, and the legacy of Memphis-based Stax Records at a music…
The federal budget deficit is ballooning on President Donald Trump’s watch and few in Washington seem to care.
President Donald Trump will be making a significant request for border wall funds and seeking money to stand up Space Force as a new branch of the military in the White House budget being released next week, an administration official…
Spending less and saving more is often at the top of list when Americans make their New Year’s resolutions.
With the close of the government's fiscal year, numbers out this week show the federal budget deficit taking a 17 percent jump from 2017, despite significant economic growth. John Yang takes a closer look into the data and speaks with…
In our news wrap Wednesday, President Trump asked every member of his cabinet to cut five percent from his or her budget for next year after a report shows the U.S. deficit at $779 billion. Also, a senior official at…
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