The higher deficit reflected greater spending in areas such as Social Security, defense and interest payments on the national debt. Meanwhile, the government collected lower taxes from individuals and corporations, reflecting the impact of the $1.5 trillion tax cut President…
The most recent 35-day government shutdown marked the 21st time the federal government has shuttered in 42 years.
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…
President Trump unveiled his long-awaited infrastructure plan to fix roads, bridges and airports on Monday, as well as his $4.4 trillion outline of spending priorities. But the plan was overshadowed by internal struggles at the White House, and questions of…
In Washington, immigration and spending are on a collision course -- with a Thursday night deadline. The House and Senate moved on separate tracks Tuesday to avert a new government shutdown, while President Trump dared Democrats not to cooperate. Lisa…
In our news wrap Wednesday, Virginia's vacant state legislative seat has come down to a tie. Judges ruled today that candidates Shelly Simonds and David Yancey are dead even, after Simonds had been originally told she won by a single…
For Republican lawmakers, it's a day to celebrate. Cheers went up as the GOP tax overhaul received House passage, signalling the end of a legislative sprint to get the bill wrapped up by Christmas. Lisa Desjardins joins Judy Woodruff to…
Congressional Republicans cleared a big hurdle Thursday by pushing a budget resolution through the Senate that will allow them to pass tax reform. Hari Sreenivasan sits down with Lisa Desjardins to discuss why it matters and what’s next in the…
The disaster relief cut was proposed to finance President Trump's border wall well before Harvey. The politically bad optics are sure to lead lawmakers to do an about face, though that would create a money crunch in homeland security accounts.
In a flurry of summertime activity, congressional panels in the House and Senate released various spending bills to fund government agencies and departments in 2018.
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