President Barack Obama's budget will propose an ambitious six-year, $478 billion public works program of highway, bridge and transit upgrades, half of it financed with a one-time mandatory tax on profits that U.S. companies have amassed overseas, White House officials…
By Lisa Desjardins, Domenico Montanaro, Rachel Wellford, Simone Pathe
Budget cuts and increased revenue have again cut the federal deficit. But the Congressional Budget Office forecasts that under current policy (including the sequester/budget cuts) the deficit will start to rise again in 2018.
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.
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…
By PBS NewsHour
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…
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.
By PBS NewsHour
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.
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…
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…
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…
Support Provided By: Learn more
Educate your inbox
Subscribe to Here’s the Deal, our politics newsletter for analysis you won’t find anywhere else.