May 21 Congressional leaders make progress on debt, spending talks By Andrew Taylor, Associated Press 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. Continue reading
Mar 16 New U.S. military budget focused on China despite border talk By Robert Burns, Associated Press 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.”… Continue reading
Mar 11 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. Continue reading
Mar 10 Watch 22:25 March 10, 2019 – PBS NewsHour Weekend full episode By PBS NewsHour 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… Continue watching
Mar 09 As budget deficit balloons, few in Washington seem to care By Andrew Taylor, Associated Press The federal budget deficit is ballooning on President Donald Trump’s watch and few in Washington seem to care. Continue reading
Mar 09 Trump offers budget with funds for border wall, Space Force By Lisa Mascaro, Associated Press 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… Continue reading
Dec 31 6 New Year’s resolutions for your finances By Gretchen Frazee Spending less and saving more is often at the top of list when Americans make their New Year’s resolutions. Continue reading
Oct 18 Watch 7:27 Why the federal deficit is rising, despite economic growth 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… Continue watching
Oct 17 Watch 6:05 News Wrap: Trump asks Cabinet to cut federal budget 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… Continue watching
Mar 22 House approves huge spending bill, next to Senate By Associated Press The House has easily approved a bipartisan $1.3 trillion measure handing huge spending increases to defense programs and domestic initiatives ranging from road-building to biomedical research. Continue reading