Congress · 119th Congress
White House proposes new taxes to boost US shipbuilding
The report offers a range of possibilities, from a 1-cent-per-kilogram tax, raising $66 billion over a decade, to a 25-cent tax raising $1.5 trillion.
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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 · 119th Congress
‘Blocked, ruined, canceled’: Trump hosts Hungary’s Orban as shutdown rolls on
↵↵The president has been purposely detached from negotiations among rank-and-file Republican and Democratic senators since before the shutdown began on Oct. 1.
Policy · 118th Congress
Little-noticed US funding for China tech sector now draws scrutiny
Corrected 1:18 p.m. | Even as Washington takes a hard line on keeping U.S. technology and data beyond China’s reach, the federal government has thus far been slow to close another channel of technology
Congress · 118th Congress
House passes bill limiting oil reserve sales to China
Republicans, who also had broader criticisms of the move, raised objections to the sale of nearly 1 million barrels of oil to Unipec America, a Houston-based subsidiary of the Chinese state-owned firm
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
Congress · 117th Congress
New NDAA advocates bulkier national defense budget
It would prohibit the retirement of the F-22 Raptor fighter jet, and prevent or modify the retirement plans for various aircraft, including B-1, F-15, E-3 AWACS and C-40 aircraft.
Policy · 117th Congress
DOD strategy reports show rising nuclear tensions
To be sure, the administration would like to see few weapons programs terminated, namely the sea-launched cruise missile and the B83-1 gravity bomb. But those positions were known.
Policy · 117th Congress
GOP pans oil reserve sale despite a long and bipartisan history
Today, the United States is the No. 1 producer of oil and gas of any country worldwide. China, Japan, South Korea, Spain and India also have major strategic oil stockpiles.
Policy · 117th Congress
FDA advisory committee votes to pull drug for premature births
A Food and Drug Administration advisory committee in a rare move on Wednesday voted 14-1 to pull the only available drug aimed at lowering the risk of premature births from the market, citing a lack of
Policy · 117th Congress
As China threatens Taiwan, Okinawa braces for war
Even though Okinawa prefecture, which includes 48 inhabited islands, accounts for less than 1 percent of Japan’s total land mass, over 70 percent of all U.S. military facilities in Japan are located
Congress · 117th Congress
OPEC production cuts add fuel to domestic energy debates
No. 1, they see the U.S. as potentially heading into a recession. They see the E.U. heading into a recession. China’s economy is still quite soft because of their internal COVID restrictions.”
Congress · 117th Congress
Senate NDAA has $13 billion extra for defense inflation
Defense inflation goes by a different measure, and it is not known what prices will be like for the Pentagon from Oct. 1, 2022, through Sept. 30, 2023, the time period covered by the legislation.
Congress · 117th Congress
Pentagon: Hill added $58 billion to current defense budget
These include, for example, money to help Ukraine fight Russia and just over $1 billion for the Red Hill fuel storage facility in Hawaii, much of which was allotted to deal with fuel leaks into local
Policy · 117th Congress
House panel’s NDAA, unlike Senate’s, sticks to Biden’s budget
fiscal 2023 National Defense Authorization Act, which the committee will mark up in a daylong session on Wednesday, would authorize $802.4 billion for national defense in the fiscal year starting Oct. 1.
Policy · 117th Congress
Unexplained tax revenue growth vexes budget scorekeepers
Back out the last two years of that budget window when major pieces of the tax law are set to expire, and total revenue is still on pace to come in $1 trillion higher than the June 2017 forecast
Policy · 117th Congress
Afghanistan’s fall was inevitable once U.S. left, watchdog finds
The bill provides $4 million for oversight activity by the State Department inspector general, with an additional $1 million for the U.S.
Campaigns · 117th Congress
It’s probably still the economy, stupid
While public opinion polls consistently show support for preserving Roe is strong, the key electoral questions are (1) How many people will change their partisan vote intention because Roe is overturned
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
The Senate’s treaty oversight has atrophied just as it’s needed most
Kaine’s measure, which the Senate Foreign Relations Committee advanced in late March by a 21-1 vote, would require a two-thirds majority vote in the Senate or an act of Congress before any president