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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And after accounting for slower economic growth, the net revenue haul would shrink to $1 trillion.
Prior to the adoption of the recent reconciliation bill — H.R. 1, commonly called the "One Big Beautiful Bill Act" — the federal budget debt held by the public was expected to grow over the next decade
the new year — and in the … first two quarters, where you're going to have some opportunity for legislation," the senior official said, adding that funding the government past Jan. 30 remained the No. 1
↵↵"Jan. 1 is coming. Republicans are responsible for what happens next."
↵↵"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.
↵↵The president has been purposely detached from negotiations among rank-and-file Republican and Democratic senators since before the shutdown began on Oct. 1.
But the talkathon forced Senate leaders to delay a scheduled 1 p.m. vote on the House-passed continuing resolution that would end the partial shutdown.
The "big, beautiful bill" extended expiring tax cuts enacted in 2017, added funds for the border and defense, repealed green energy tax credits and cut more than $1 trillion in spending over 10 years,
A sign indicating that the Capitol Visitor Center is closed due to the government shutdown on Oct. 1. (Tom Williams/CQ Roll Call)
likely venue for such funding would be as part of a stopgap funding bill, with Democrats also still seeking a fix to a previous spending package that effectively blocked D.C. from accessing about another $1
That stopgap measure was itself a blow for local officials, imposing a roughly $1 billion budget cut on the District.
The House Rules Committee was expected to meet at 1:30 p.m. Tuesday to set the terms for floor debate.
Included in the Senate package is $1 billion for NASA infrastructure improvements at several "manned spaceflight centers" — incidentally all in GOP-leaning states, a fact not lost on panel Democrats who
The same provision is in the emerging Senate bill, but with a key stipulation: that the money couldn’t be obligated until March 1, after the treaty is set to expire.
The Senate panel’s directions are to find at least $1 billion in deficit reduction over 10 years, far less than the $230 billion that the House Agriculture Committee was directed to find.
They forced a 20-hour session debating the bill and amendments in the House Rules Committee, in a meeting that started at 1 a.m. Wednesday.
Nine hours after the 1 a.m. start of the meeting, the various committee chairs and ranking members with jurisdiction over the reconciliation bill were still testifying.
Gluesenkamp Pérez jumped onto the political scene in 2022, when she won the district by fewer than 3,000 votes — less than 1 percentage point — in an upset against Trump-backed Republican Joe Kent.Â
Senators maintain they intend to include much deeper cuts of at least $1 trillion and potentially twice that amount, but the House holdouts want to see specifics on paper.
Speaker Mike Johnson, R-La., arrives for a House Republican Conference meeting in the Capitol on April 1.