Senators eye Ukraine aid bills as avenue to increase DOD budget
In fiscal 2025, the cap would be $895 billion, a 1 percent increase from fiscal 2024.
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Debt limit package passes House, heads to Senate
The bill would suspend the debt limit until Jan. 1, 2025, pushing it past the November 2024 elections. The debt limit was last raised in December 2021 to $31.4 trillion.
Hawks worry about defense caps in debt limit deal
In fiscal 2025, defense spending would be capped at $895 billion, just a 1 percent increase from the previous year.Â
Utah Rep. Chris Stewart planning to resign, report says
David Cicilline, a Democrat from Rhode Island, previously announced plans to resign and is leaving June 1 to take a new job as president and CEO of a Providence-based foundation.
No longer a ‘broken record,’ White House throws a few elbows with debt messaging
That changed this week as the country careened toward a federal debt default that could occur, shy of a deal, on or around June 1. Without naming Rep.
In play to GOP base, House votes to block student loan relief
Among Black respondents, the number was nearly 1 in 4.  "Congress needs to help fix this damaged economy which gets more unequal and inequitable every single day," said Rep. Maxwell Frost, D.-Fla.
Debt limit talks pared down to proxies for Biden, McCarthy
Yellen reiterated this week that the government could hit the "x date" when it no longer has enough funds to pay all its bills on time as soon as June 1.
CBO sees ‘significant risk’ of debt limit breach before June 15
The report from the nonpartisan scorekeepers will likely keep the pressure on lawmakers to strike a deal to raise or suspend the debt limit before June 1, when Treasury Secretary Janet L.
NDAA on hold while Congress grapples with debt limit
But that schedule coincided with ongoing leadership negotiations ahead of a June 1 deadline to lift the debt ceiling.
Nonprofits, lawmakers worry end of Title 42 will strain resources
Katie Britt of Alabama, the top Republican on the homeland spending panel, did not rule it out and said Biden’s requested budget for fiscal 2024, which proposed a 1 percent cut in discretionary funds to
The GOP’s march of folly on the debt ceiling
As the financial abyss draws closer, there will be increasing talk about how the administration could avert the crisis through gimmicks like minting a $1 trillion platinum coin or challenging the constitutionality
Biden district Republicans hold their fire on debt ceiling bill
"You’re talking about Manchin’s spending proposal, pre-pandemic spending levels, and then capping it at 1 percent over the next 10 years," he said, referring to centrist Sen. Joe Manchin III, D-W.Va.
Debt limit bill in hand, McCarthy eyes vote next week
The measure would also cap spending for the remainder of the decade, allowing for 1 percent annual growth; appropriations wouldn’t return to the $1.6 trillion fiscal 2023 enacted level for a decade under
GOP debt limit plans begin to take shape in House
lift the debt limit through May 2024 and set a cap on discretionary spending for at least fiscal 2024 and potentially limit appropriations growth over the next decade to somewhere in the ballpark of 1
Push is on to boost troops’ housing allowance
." $1 billion annual cost But Congress may consider taking the matter into its own hands.
Lawmakers: Expand federal aid for hungry troops
The legislative moves come as Pentagon figures show some 286,800 personnel in the active-duty force, or nearly 1 in 4 military servicemembers, experience "low food security."
Pentagon comes out against law requiring military wish lists
In a few years, annual U.S. defense spending is expected to hit $1 trillion, though that remains a smaller percentage of the nation’s wealth than was the case, for example, during the Reagan-era buildup
Chicken-or-egg game is on as Congress barrels toward debt limit
He said the House budget was likely to hold discretionary spending to a 1 percent annual increase over 10 years, which he said would produce about $2.7 trillion in deficit reduction.
McCarthy says Iraq AUMFs will first go to House committee
It was rejected in a 1-20 vote.
Markups? Floor votes? Senate appropriators say ‘yes we can’
"If the Budget Committee . . . does the budget resolution by the April 1 deadline, and if it’s conferenced by the April 15 deadline, then the toplines will be established for us," Collins said.