Jan 26 Deficit to shrink to lowest level of Obama presidency, CBO says By Stephen Ohlemacher, Associated Press Solid economic growth will help the federal budget deficit shrink this year to its lowest level since President Barack Obama took office, according to congressional estimates released Monday. Continue reading
Jan 15 Money — and leverage — big themes at GOP retreat By Lisa Desjardins HERSHEY, Pa. — Republicans from the House and Senate met here in the “Sweetest Place on Earth” Thursday to hash out their agenda, determine what they will try to do with their newfound control of both chambers and present a… Continue reading
Dec 18 Watch 8:25 Is the 2015 spending bill a gift to big banks? By PBS News Hour Tucked into the new federal spending bill that passed this week was a provision to loosen banking regulations on hedges known as derivatives or swaps, rolling back part of the Dodd-Frank Act that was enacted after the financial crisis. Dennis… Continue watching
Dec 12 Watch 11:59 Shields and Brooks on the CIA interrogation report, spending bill sticking points By PBS News Hour Syndicated columnist Mark Shields and New York Times columnist David Brooks join Judy Woodruff to discuss the week’s news, including the $1.1 trillion spending bill to fund the government and the Senate’s investigation of the CIA’s interrogation methods. Continue watching
Dec 12 Watch 4:53 News Wrap: Computer failure shuts down London airspace By PBS News Hour In our news wrap Friday, British officials demanded an investigation of an incident that brought Europe’s busiest airport to a standstill. Also, the Pew Research Center found that the wealth gap between white Americans and minorities is growing. Continue watching
Dec 10 Watch 7:20 On eve of shutdown deadline, Congress has a trillion-dollar divide By PBS News Hour House Speaker John Boehner announced a budget deal just a day before the deadline for a possible federal government shutdown. The Republican-written bill has no sign of past shutdown flashpoints, but it doesn't mean everyone is happy. Political editor Lisa… Continue watching
Dec 02 How lame might the lame-duck Congress be? By Domenico Montanaro, Lisa Desjardins, Rachel Wellford, Simone Pathe Today in the Morning Line: Congress has two weeks left and some hefty legislating to do. Spending bill, Ebola, IS funding, military reauthorization, tax extenders top list of priorities Republicans do not want a shutdown Mary Landrieu accuses GOP opponent… Continue reading
Oct 27 Deepest state cuts led to highest tuitions for lower-income students By Kyla Calvert Mason Five years into the economic recovery, 31 states have yet to return to funding higher education at the same levels they did in 2007. Even in many states where funding has bounced back, increasing enrollment has kept per-student spending from… Continue reading
Oct 15 Treasury Secretary Jack Lew: Stop treating budget matters with crisis-driven politics By Anne Azzi Davenport Following the briefing, Gwen Ifill sat down with Treasury Secretary Jack Lew and Office of Management Budget Director Shaun Donovan to talk about the deficit, why it's grown smaller and its potential growth in the years to come. Continue reading
Oct 13 Watch Economic uncertainty haunts Michigan governor’s re-election bid By PBS News Hour Republican Gov. Rick Snyder is fighting for re-election in Michigan, a state that voted for President Obama in 2008 and 2012. His opponent, Democratic challenger Mark Schauer, is using Snyder’s economic record to weaken the incumbent. Christy McDonald of Detroit… Continue watching