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Congress · 119th Congress

House votes overwhelmingly to pass compromise NDAA

↵↵The potential for the military budget to meet or exceed $1 trillion in fiscal 2026 has defense hawks pleased, even if the authorized level does not meet the $924.7 billion that the Senate had endorsed

Congress · 118th Congress

Debt limit battle set to dominate 2023 fiscal agenda

Vought’s plan has no cuts to Social Security benefits now or in the future, and claims the same for Medicare benefits although it would slice $1 trillion from payments to health providers who serve

Congress · 118th Congress

Congress barely dents scourge of hunger in military

A recently enacted income supplement for low-ranking U.S. troops, put in place primarily to alleviate food insecurity in the ranks, will help less than 1 percent of the estimated scores of thousands of

Policy · 117th Congress

Biden faces international climate-aid challenge in fiscal 2024

The Obama administration, for example, gave $1 billion toward international climate financing through that fund, said Niranjali Amerasinghe, executive director of ActionAid USA, the American wing of an

Policy · 117th Congress

SEC’s climate rule heats up debate on supply chain emissions

on Climate-Related Financial Disclosures and by requiring disclosure of [greenhouse gas] emissions, including disclosure (for many companies) of Scope 3 emissions and third-party assurance of Scopes 1

Policy · 117th Congress

SEC’s new crypto enforcers are coming for DeFi, lawyers say

Sithian of Crowell & Moring LLP said scrutiny is likely over algorithmic stablecoins, which are digital assets that use a market-based arbitrage system, controlled by computers, to maintain a value of $1

Policy · 117th Congress

Biden will ask Congress for money to combat global hunger

President Joe Biden’s next supplemental spending request for Ukraine will include money to deal with a spiraling global food crisis, the United States’ No. 1 diplomat said in testimony before a Senate

Congress · 117th Congress

Spending deal undercuts Biden’s UN climate pledge

“Instead what has happened is that we’ve dropped all the way down to $1 billion,” he said. “We’re still trying to figure out what went on.”

Congress · 117th Congress

Congress cuts humanitarian spending despite billions for Ukraine

supplemental humanitarian funding for Ukraine is excluded, the baseline fiscal 2022 spending level for humanitarian accounts covered by the State-Foreign Operations title comes in at $6.8 billion — a $1

Policy · 117th Congress

IRS: Tax filing season to start Jan. 24

While the IRS typically enters tax season with a backlog of about 1 million unprocessed returns, that number is several times larger this year, according to Treasury officials, who couldn’t give

Policy · 117th Congress

Biden to stay with Powell as Fed chairman

Corrected 1:39 p.m. | President Joe Biden said Monday he plans to stick with Jerome Powell as Federal Reserve chair, supporting continuity in leadership as annual inflation topped 6 percent last month

Policy · 117th Congress

Pressure builds to address climate-induced migration

Customs and Border Protection recorded more than 1 million unique encounters with migrants, many of whom were Central American, compared with just over 850,000 during the same period in fiscal 2019.