Congress · 119th Congress
Court ruling puts federal revenue forecast on shaky ground
And after accounting for slower economic growth, the net revenue haul would shrink to $1 trillion.
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Congress · 119th Congress
Exploring the legality questions about Venezuela military strike
Yet, he said, it has "long been the position" of the Justice Department's Office of Legal Counsel "that history has ratified unilateral presidential deployments of military force as long as (1) the deployment
Congress · 119th Congress
Government shutdown, reconciliation law highlight turbulent year in Congress
↵↵"Jan. 1 is coming. Republicans are responsible for what happens next."
Congress · 119th Congress
Lawmakers hold hope for health care even with partisan Senate votes
↵↵"We're focused on No. 1, getting this vote and waiting," she said. "We've been waiting. They said after the shutdown, they would come to us with serious proposals." ↵↵Sen.
Congress · 119th Congress
Trump draws line in sand on extending ACA credits
"Americans want Congress to extend the ACA tax credits to keep health insurance premiums from skyrocketing on January 1."
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.
Congress · 118th Congress
Parties dig in for protracted fight over debt ceiling
the National Action Network’s Annual MLK Day Breakfast he mocked Republicans for talking about “big-spendin’ Democrats” when the deficit dropped by roughly $350 billion in fiscal 2021 and more than $1
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 · 117th Congress
Deal reached on amendments, omnibus motors towards passage
A Kirsten Gillibrand, D-N.Y., amendment to provide $1 billion to the World Trade Center Health Fund for first responders who got sick after the 9/11 cleanup effort and extend the program to 2027.
Policy · 117th Congress
Biden signs same-sex marriage bill in musical White House ceremony
Bipartisan support The new law celebrated Tuesday, known as the Respect for Marriage Act, passed the House on a 258-169-1 vote last week, with 39 Republicans voting to support the measure.
Congress · 117th Congress
Parties play chicken on omnibus as shutdown deadline approaches
“The flaw in this reasoning is that this spending was to meet an unprecedented crisis that killed more than 1 million Americans and threatened to collapse the global economy,” Leahy said.
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
Manchin unveils permitting proposal as battle lines harden
Schumer, D-N.Y., has pledged to include the legislation in a continuing resolution needed to fund the federal government before the beginning of fiscal 2023 on Oct. 1.
Congress · 117th Congress
Pipeline’s backers have financial, campaign ties
The Equitrans PAC was first registered on Oct. 1, 2018, federal records show. Manchin has received $10,000 from the same PAC, which also gave $7,500 to Sen. John Barrasso’s campaign.
Congress · 117th Congress
72 Democrats sign letter opposing Manchin permitting bill
permitting laws, rewrite the Clean Water Act and approve a gas pipeline should not be folded into the so-called continuing resolution, or CR, to fund the government in the new fiscal year, which begins Oct. 1.
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
Debate begins on massive budget package; ‘vote-a-rama’ awaits
A 1 percent tax on what companies spend on stock buybacks was added in to boost revenue, with higher taxes on a form of pay for investment fund managers, “carried interest,” out due to Sinema.
Policy · 117th Congress
Democrats line up behind budget bill while GOP pledges ‘hell’
Substitute tax To make up for the lost revenue from the corporate minimum tax exemptions and dropping the carried interest provision, Democrats added a 1 percent excise tax on stock buybacks, which