Dec 19 Senate advances $1.4 trillion spending deal ahead of the holidays By Andrew Taylor, Associated Press It blends spending increases for both sides — reelection fodder for lawmakers throughout the Capitol — with tax and benefit add-ons that will add roughly $400 billion to the deficit over 10 years. Continue reading
Jul 11 U.S. budget deficit jumps 23 percent this fiscal year By Martin Crutsinger, Associated Press The surge in deficits reflects a variety of factors including a $1.5 trillion tax cut President Donald Trump pushed through Congress in late 2017 and billions of dollars in extra spending Congress approved in early 2018. Continue reading
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
Feb 13 Conservatives lash out at GOP spending binge By Steve Peoples, Associated Press The GOP is the party of fiscal responsibility no more. Continue reading
Feb 09 Watch 7:10 The budget deal will add billions to the deficit. What are the benefits and risks? After a brief government shutdown early Friday, Congress approved and President Trump signed a budget deal that's expected to add around $300 billion to the deficit over a decade. Should Americans be concerned? Judy Woodruff gets reactions from Jared Bernstein… Continue watching
Jun 20 Study: Health care law repeal could increase budget deficit By Andrew Taylor, Ricardo Alonso-Zaldivar, Associated Press A nonpartisan government study says repealing President Barack Obama’s signature health care law would modestly increase the budget deficit and the number of uninsured Americans would rise by more than 20 million. Continue reading
Feb 02 Here’s a breakdown of what’s in President Obama’s new budget By Domenico Montanaro Budgets are not much more than political documents, and this one is no different. It's going nowhere in the Republican-led House and Senate, but it will add numbers to those priorities. Continue reading
Oct 17 Diving Into The Disconnect By Gwen Ifill Gwen Ifill visits both sides of the chasm while reporting on a tossup Senate race in Colorado one day and from inside the halls at the Treasury Department the next. Continue reading
Sep 29 Watch Behind the Scenes in the Battle Over the Budget NewsHour Political Editor Christina Bellantoni talks to Hari Sreenivasan about what's currently happening behind the scenes in Washington and what we can expect from both sides in the battle over the possible government shutdown. Continue watching
Jan 15 Watch California Gov. Jerry Brown Makes Tough Choices to Balance State Budget California Gov. Jerry Brown Makes Tough Choices to Balance State Budget… Continue watching