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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

Policy · 117th Congress

Fauci to step down in December

The COVID-19 pandemic turned Fauci into a politically polarizing figure as the virus shut down the world and upended normal daily life, claiming more than 1 million lives.

Congress · 117th Congress

Biden signs major climate, health care and tax bill into law

The package is estimated to cut the federal deficit by about $300 billion over the next decade, thanks to revenue raisers that include a 15 percent minimum tax on the largest corporations, a 1 percent

Congress · 117th Congress

Budget bill clears as Democrats seek to head off midterm losses

Combined with last year’s bipartisan infrastructure law that represents the other pillar of Biden’s “Build Back Better” agenda, Democrats will have delivered on roughly $1 trillion out of the $4

Congress · 117th Congress

Sweeping budget package passes Senate; House on deck Friday

[Sinema ready to advance budget bill after tax changes] The new taxes that made it into the Senate’s final bill are a 1 percent tax on what public companies spend on stock buybacks and a 15

Congress · 117th Congress

After four-hour debate, Senate begins voting on budget bill amendments

Kyrsten Sinema, D-Ariz., including adjustments to a 15 percent corporate minimum tax based on income reported to shareholders, a 1 percent tax on companies’ stock buybacks and $4 billion for drought relief

Campaigns · 117th Congress

Democrats double down on abortion rights after Kansas referendum

“The economic mess Democrats created by ignoring their own economists and saddling Americans with record-high prices is the No. 1 issue in every competitive district,” said Michael McAdams, a spokesman

Campaigns · 117th Congress

Five questions about House primaries in five states

But the Congressional Leadership Fund recently put in $1 million to support Ciscomani, a former aide to Gov. Doug Ducey, ahead of the primary.

Congress · 117th Congress

Senate Democrats make their move on fiscal 2023 appropriations

The bills, which were drafted without a bipartisan agreement on funding levels, amount to a wish list of $1.67 trillion in discretionary spending for fiscal 2023, which begins Oct. 1.