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Trillion-dollar deficits: Biden’s new normal

However, given the direction of current spending, the CBO baseline projects the annual deficit will be over $1 trillion dollars through 2029, and then it goes over $2 trillion dollars for the years spanning

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.

Sponsored Content · 118th Congress

Advancing the potential for tobacco harm reduction.

In fact, our research estimates 53 percent of adult tobacco consumers ages 21+ are interested in completely switching from cigarettes to a smoke-free (non-combustible) tobacco product.1 According to a

Republicans urge tweaks to House debt limit bill ahead of vote

the measure’s fiscal restraints would reset discretionary spending for the upcoming budget year to levels appropriated for fiscal 2022, and then impose caps for an additional nine years allowing for 1

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

Climate credits, IRS funds snarl GOP debt limit talks

The plan includes capping fiscal 2024 discretionary spending at fiscal 2022 levels and limiting annual growth to 1 percent for the remainder of the decade; canceling President Joe Biden’s student loan

McCarthy blasts Biden, Democrats over debt limit

wish the current, extreme Joe Biden would listen to the former Joe Biden too." ’Stop the partisan ways’ McCarthy said he’s not heard from the White House on the debt limit since he and Biden met on Feb. 1.

Campaigns · 118th Congress

At the Races: New skirmish, same war

Kirsten Engel, a Democrat who lost by 1 point to GOP Rep. Juan Ciscomani in an Arizona district that backed Biden by 0.1 points, is also trying again. 

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

Campaigns · 118th Congress

At the Races: Cheese stakes

The count: 1 point That’s the net favorability rating for House Minority Leader Hakeem Jeffries in an Economist/YouGov poll of 1,500 adults nationally taken April 1 to 4.