Feb 07 Senate GOP unveils $340 billion budget plan with Trump’s deportation and defense funds, as House stalls By Lisa Mascaro, Kevin Freking, Associated Press Speaker Mike Johnson acknowledges his own chamber's plan will slip into the weekend but insists it has just a few details to iron out. Continue reading
Jun 18 Congressional Budget Office raises federal budget deficit projection by $400 billion By Fatima Hussein, Josh Boak, Associated Press Deficits are a problem for lawmakers in the coming years because of the burden of servicing the total debt load, an aging population that pushes up the total cost of Social Security and Medicare and rising health care expenses. Continue reading
Jan 18 Watch 5:40 Congress sends Biden temporary funding bill to avert government shutdown By Lisa Desjardins, Kyle Midura, Ian Couzens Congress dodged a partial government shutdown with just one day to spare. A temporary funding bill passed with strong bipartisan support, but a long-term fix and tougher debates remain. Lisa Desjardins reports on what this means and what it doesn't. Continue watching
Jan 08 Watch 4:18 Congress makes progress on spending deal to avert government shutdown By Lisa Desjardins, Ali Schmitz Congressional leaders reached a spending deal that could prevent a partial government shutdown later this month. Congressional Correspondent Lisa Desjardins joined Geoff Bennett to break down the deal. Continue watching
May 22 Biden, McCarthy to discuss debt limit as deadline to avoid default looms By Lisa Mascaro, Stephen Groves, Zeke Miller, Associated Press Washington is racing to strike a budget compromise and raise the nation’s borrowing limit in time to avert a potentially devastating federal default as soon as next week. Continue reading
Mar 09 Watch 7:01 Unpacking Biden’s budget plan and its chances of becoming law with a divided Congress By Amna Nawaz, Kyle Midura Lawmakers are making political and financial calculations Thursday after President Biden released his $6.9 trillion budget plan for 2024. The White House proposal calls for raising taxes on the wealthiest Americans to invest in the working class. NPR White House… Continue watching
Mar 09 Biden budget includes billions for Pacific islands to counter China By Matthew Lee, Associated Press Alarmed by China’s success in wooing Pacific island nations, the Biden administration is proposing to spend billions to keep three of those countries in the U.S. orbit. Continue reading
Mar 09 Here’s what Biden’s budget would do — if Congress supports it By Chris Megerian, Associated Press With Republicans in control of the House, there's no chance that President Joe Biden's new budget plan will become law as it stands. Instead, the financial blueprint that he's announcing in Philadelphia on Thursday will serve as a political talking… Continue reading
Mar 08 Watch 4:06 News Wrap: Russian mercenaries claim control of Bakhmut in eastern Ukraine In our news wrap Wednesday, Russian mercenaries claimed they have gained control of Bakhmut in eastern Ukraine, President Biden will propose slowing the growth of federal deficits by $3 trillion, worker strikes in France paralyzed parts of the country, tens… Continue watching
Mar 09 WATCH: House approves spending bill that pushes $13.6 billion in aid to Ukraine By Alan Fram, Associated Press The House approved a massive spending bill Wednesday night that would rush $13.6 billion in U.S. aid to battered Ukraine and its European allies, after top Democrats were forced to abruptly drop their plan to include fresh funds to battle… Continue reading