Trump’s $4.8 trillion budget proposal revisits rejected cuts
President Donald Trump’s fiscal 2021 plan, to be released Monday, promises the government's deficit will crest above $1 trillion only for the current budget year before steadily decreasing to more manageable levels.
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What’s in the $1.4 trillion federal spending bill
Before leaving town for the holidays, lawmakers came together to pass a huge federal spending bill that illuminates the government’s policy priorities for 2020. The deal allocates a total of $1.4 trillion to the military, education, a barrier along the…
Battles over border wall and impeachment imperil budget progress
A sense of optimism in the aftermath of a July budget and debt deal has yielded to pessimism now, and the poisonous political fallout from the ongoing impeachment battle isn't helping matters.
U.S. budget deficit hits $984 billion, highest in 7 years
The surge reflected such factors as revenue lost from the 2017 Trump tax cut and a budget deal that added billions in spending for military and domestic programs.
In Ethiopia, over a quarter of the population survives on less than two dollars a day. International organizations and foreign governments provide funds to address the rampant poverty in this country and others, but little data is available to assess…
The Congressional Budget Office says the U.S. deficit is reaching its highest levels since the end of World War II, when considered as a share of the total economy. In the next decade, it's projected to grow by $800 billion…
The Senate passed a new budget bill Thursday, delivering a rare bipartisan legislative agreement. But critics say the spending it allocates and its temporary suspension of the debt ceiling represent runaway spending and fiscal irresponsibility. Lisa Desjardins joins Judy Woodruff…
A hard-won budget and debt deal easily cleared the Senate on Thursday, powered by President Donald Trump's endorsement and a bipartisan drive to cement recent spending increases for the Pentagon and domestic agencies.
The administration argues that the budget doesn't cut Medicare benefits to seniors but makes better use of taxpayers' dollars and helps reduce Medicare spending by lowering prescription drug costs.
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