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By Alan Fram, Associated Press
House passage is expected to be followed soon by a Senate vote sending the bill to President Joe Biden for his signature.
President Trump unveiled a $4.8 trillion budget proposal for the 2021 fiscal year on Monday. His plan includes cuts to Medicaid and other social safety net programs, as well as an increase in funding for the Department of Homeland Security.
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.
By Andrew Taylor, Associated Press
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…
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.
By Martin Crutsinger, Associated Press
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.
By Fred de Sam Lazaro
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…
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