Politics Jun 05 Breaking down Trump’s ‘Big Beautiful Bill’ and its impact on the deficit and national debt By Lisa Desjardins, Ali Schmitz
Politics Jun 05 Watch 5:36 GOP Sen. Ron Johnson explains why he opposes Trump’s budget in its current form One of the biggest sticking points in the Trump budget bill is its projected impact on the national debt, a concern shared by several key Republican lawmakers. Wisconsin Sen. Ron Johnson is among them and he joined Geoff Bennett to… By Geoff Bennett, Doug Adams, Kyle Midura
Politics May 14 California Gov. Newsom outlines $12 billion deficit and freeze on immigrant health care access California is facing a $12 billion deficit that Gov. Gavin Newsom wants to help close by freezing enrollment in a state-funded health care program for immigrants living in California without legal status. By Trân Nguyễn, Associated Press
Politics May 07 Watch 6:26 Rep. Chip Roy says GOP leaders need to ‘show us the math’ in tax cut, Medicaid talks President Trump’s agenda is facing a major test in Congress. To help fund tax cuts, some Republicans support significant cuts to Medicaid. A Congressional Budget Office analysis found the proposal would mean 5.5 million fewer people on Medicaid and about… By Lisa Desjardins, Kyle Midura
Politics Apr 04 California Democrats agree on plan to reduce budget deficit by $17.3 billion The agreement announced Thursday includes a $3.6 billion cut in primarily one-time funding, delaying and deferring about $5.2 billion in spending on various programs. By Trân Nguyễn, Associated Press
Jan 10 California Gov. Newsom proposes tapping reserves and cutting spending to close nearly $38 billion deficit By Adam Beam, Associated Press The proposal Newsom is laying out Wednesday outlines how he wants to spend taxpayer dollars and other state money for the fiscal year starting July 1. Continue reading
Nov 21 Watch 5:15 How disputes over the federal debt and deficit could lead to a government shutdown By Lisa Desjardins, Kyle Midura The U.S. government remains open this Thanksgiving week, thanks to a temporary funding deal Congress passed last week. But that deal starts to expire in January and conservatives are signaling they won’t pass another funding deal without addressing the swelling… Continue watching
Oct 21 WATCH: Biden predicts Democrats will see success in midterms By Zeke Miller, Associated Press President Joe Biden is predicting that the momentum will shift back to Democrats in the final days of the midterm elections and that the party would do “just fine."… Continue reading
Apr 12 U.S. budget deficit jumps to record $1.7 trillion this year By Martin Crutsinger, Associated Press The U.S. government’s budget deficit surged to an all-time high of $1.7 trillion for the first six months of this budget year. Continue reading
Dec 10 U.S. budget deficit up 25.1% in first 2 months of budget year By Martin Crutsinger, Associated Press The Treasury Department reported Thursday that with two months gone in the budget year, the deficit totaled $429.3 billion, up from $343.3 billion in last year's October-November period. Continue reading