Balanced budget takes back seat to paring spending to ’22 levels at GOP retreat
The Freedom Caucus plan would cap spending at fiscal 2022 levels over the next 10 years while allowing for 1 percent annual growth.
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Podcasts · 118th Congress
GOP’s budget attack - Roll Call
Senate appropriators say ’yes we can’’Watershed’ $1 trillion defense budget on the horizonWhite House blueprint would raise taxes, boost spending
Insurers, Republicans square off with Biden on Medicare ‘cuts’
As part of its annual payment updates to Medicare Advantage plans, CMS proposed earlier this month a 1 percent increase for 2024 — a smaller increase than proposed in past years that is being framed as
Congress · 118th Congress
CBO: Debt limit to hit as soon as July, budget picture worsens
That compares to already slowing growth in 2022, when the economy expanded by an inflation-adjusted 1 percent, down sharply from the previous year coming out of the pandemic-induced downturn.
Opinion · 118th Congress
Is Joe Biden out of touch, or is he just cynical?
Both The Washington Post (Jan. 27-Feb. 1) and CBS (Feb. 1-4) have new surveys out with data that clashes with Biden’s rosy view of the state of the union.
Congress · 118th Congress
McCarthy, House Republicans reframe debt limit strategy
Dodaro, U.S. comptroller general, estimated during a House Oversight and Accountability Committee hearing Feb. 1. Niels Lesniewski, Aidan Quigley, David Lerman and Paul M.
Congress · 118th Congress
Thomas Massie will wear his ticking debt clock to the State of the Union
“A 1 percent cut is an incentive for both Republicans and Democrats to come to the table,” Massie said.
White House · 118th Congress
White House budget set for early March delivery
And the $1.7 trillion fiscal 2023 omnibus spending package didn’t clear until Dec. 23, giving the administration less time to assess agencies’ needs for the new fiscal year starting Oct. 1 and provide
Policy · 118th Congress
International AIDS relief program, at 20, looks to next steps
Development at Meharry and project director for the HBCU-Global Health Consortium, said the overall transmission HIV rate for moms and babies in sub-Saharan Africa is about 11 percent, compared to less than 1
Congress · 117th Congress
Say it ain’t so: Reconciliation back on the table for raising debt limit
Democrats could bring it straight to the floor in that chamber under “automatic discharge” rules since it’s well after an April 1 deadline for Senate Budget Committee action.
Campaigns · 117th Congress
Democratic super PAC ads focus on Social Security in final stretch
In the closing weeks of an election increasingly dominated by economic issues, the Senate Democrats’ top super PAC is focusing on Social Security in new ad buys worth at least $1 million each aimed at
Policy · 117th Congress
Deficit cut in half last year, but more red ink lurks
For the fiscal year that began Oct. 1, the White House in August projected a deficit in the $1.3 trillion to $1.4 trillion range, depending on what policies are enacted.
Congress · 117th Congress
Aid bill for 9/11 families exposes rift with former Iran hostages
Annual fund deposits reached a peak of over $1 billion in fiscal 2019, capping years of steady growth.
Congress · 117th Congress
Ways and Means leaders working on lame-duck Social Security fix
In some states — including Brown’s home state of Ohio, Neal’s home state of Massachusetts, and Graves and Letlow’s home state of Louisiana — the provision impacts more than 1 percent of the population
Policy · 117th Congress
OMB: Deficits, growth lower in the near term, inflation up
when the Biden administration released its fiscal 2023 budget request, the Office of Management and Budget in a report issued Tuesday sees the deficit for the current fiscal year dropping to just over $1
Congress · 117th Congress
House Democrats add child nutrition to legislative menu
If approved, the changes would take effect after July 1, 2023.
Heard On The Hill · 117th Congress
Boomers are in charge, and they still haven’t peaked
A: The No. 1 takeaway is that the boomer generation is the unique one. It seems like millennials are the unique generation, but that’s not the case.
Opinion · 117th Congress
Biden talks inflation: Another swing and a miss
And independents were skeptical by more than 2 to 1 (21 percent to 55 percent).
Campaigns · 117th Congress
Biden elevates Rick Scott as economic policy adversary
be a part of our agenda: We will not have as part of our agenda a bill that raises taxes on half the American people and sunsets Social Security and Medicare within five years,” McConnell said March 1.
Congress · 117th Congress
Supreme Court backs Congress on Puerto Rico resident benefits
The 8-1 decision keeps Puerto Rico residents from receiving Supplemental Security Income for aged, blind and disabled individuals, under a 1972 law that made U.S. residents eligible for the program