Tag Archives: Budget

House Republican leaders abruptly canceled a key budget vote on Wednesday as a revolt from hardline conservatives threatened to derail President Donald Trump’s legislative agenda. The decision marked a significant blow to Speaker Mike Johnson (R-La.), who had spent the day scrambling to shore up support in his fractured caucus. …

U.S. Senate Budget Committee plans to mark up a budget resolution next week, starting off the long and likely arduous reconciliation process the GOP hopes it can use to pass sweeping changes to border security and immigration policy. Chairman Lindsey Graham, a South Carolina Republican, announced the markup on Wednesday, …

Jennifer Shutt, Pennsylvania Capital-Star Federal departments and agencies say U.S. House Republicans’ plans to cut federal spending would result in reductions to key programs like food aid, education assistance and wildfire management. The series of letters from across the federal government released Monday detail exactly how plans to cut at …

Jennifer Shutt, Iowa Capital Dispatch President Joe Biden’s budget request for the upcoming fiscal year asks Congress to boost funding for defense and domestic programs and levy a 25% minimum tax on billionaires, setting up a significant contrast with House Republicans, who hope to cut spending to last year’s levels …

Republicans who have pledged to use their narrow majority in the House to pursue steep federal spending cuts have sent a clear message in recent days: The bloated Pentagon budget is safe, but Social Security, Medicare, and other key government programs are not. Rep. Michael Waltz (R-Fla.) expressed that sentiment …

by Jennifer Shutt, Missouri Independent March 28, 2022 WASHINGTON — President Joe Biden sent a new $5.8 trillion budget request to Congress on Monday that calls on lawmakers to institute a minimum tax on billionaires and boost spending on national security.  The proposal, which lawmakers will undoubtedly change, asks Congress …

President Joe Biden will propose a new 20 percent minimum tax on billionaires as part of his fiscal year 2023 budget, according to a document released by the White House on Saturday. The White House said that the “billionaire minimum income tax” Biden will propose would apply to the top …

President Joe Biden promoted the $1.2 trillion bipartisan infrastructure plan in La Crosse, Wisconsin, on Tuesday. “After months of careful negotiation of listening, compromising together and in good faith, moving together with ups and downs and some blips, a bipartisan group of senators got together and they forged an agreement …

On Monday, Texas Republican Governor Greg Abbott threatened to veto a section of the state budget that funds lawmakers’ pay after Democratic lawmakers walked out during a legislative session in order to prevent the state’s Republicans from giving final approval to a sweeping voter suppression bill. “I will veto Article 10 …

The White House will propose a $6 trillion budget for 2022 on Friday, a senior administration official told CNN. The budget proposal is President Joe Biden’s first formal request to Congress. President Biden wants to rebuild the United States infrastructure and move the country towards greener energy. “As we turn …

House Democratic leaders will vote to remove Representative Marjorie Taylor Greene from her two committee spots. Greene is facing scrutiny after controversial remarks she made before being elected. House Majority Leader Steny Hoyer said the House of Representatives would vote on Thursday to remove Greene since Minority Leader Kevin McCarthy …