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.

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 emerging two-year framework would satisfy demands for an outline to guide congressional work on more than $1.3 trillion in agency operating budgets. It would still need to be fleshed out in further negotiations, and puts off battles over political…

By Andrew Taylor, Associated Press

Sen. Bernie Sanders' tax and spending proposals would provide new levels of health and education benefits for American families, but they'd also blow an $18-trillion hole in federal deficits, piling on so much debt they would damage the economy.

By Ricardo Alonso-Zaldivar, Associated Press