Policy · 117th Congress
Tax revenue boom fuels steep budget deficit decline
Those figures suggest a less-than-$1 trillion deficit for the current fiscal year, dramatically undershooting prior forecasts by the CBO and White House budget office.
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Congress · 117th Congress
Higher interest rates likely to factor into fiscal policymaking
That’s nearly $1 trillion in additional debt that investors other than the Fed would need to buy compared with last year, when the comparable supply was $582 billion.
White House · 116th Congress
Trump’s threats to massive spending bill spoil Christmas break
[jwp-video n=”1″] [Trump demands Congress ‘amend’ massive spending package] Pelosi tweeted that the House could pass a bill boosting the checks’ size to $2,000 by unanimous consent on Christmas
White House · 116th Congress
White House sweetens pandemic aid, but gaps remain with Democrats
Senate Republicans so far have been reluctant to back more than $1 trillion in new aid.