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↵↵A recent analysis from the Budget Lab, a nonpartisan policy group at Yale University, estimates that the recent ruling would erase more than half of projected revenue increases from fiscal 2026 to fiscal
↵↵While 11 of the 12 annual spending bills have become law for fiscal 2026, the Homeland Security Department's funding will expire on Friday.
Capitol after the Senate voted on a government funding package on Thursday, January 29, 2026.
↵↵Congress stripped out that Homeland Security portion from a fiscal 2026 spending package and agreed to a short-term extension of current funding levels to negotiate.
↵↵As the calendar flipped to 2026, there have been no immediate signs of another looming partial government shutdown.
↵↵Over the weekend, Trump put another item on lawmakers' 2026 agenda when he ordered U.S. military and law enforcement personnel to carry out an audacious mission to capture Venezuelan leader Nicolás Maduro
The funding package that was approved included three of the 12 regular fiscal 2026 spending bills, while Congress punted the deadlines for the remaining bills to the end of January.
Under the deal, the legislation would combine three full-year spending bills for fiscal 2026 with a continuing resolution to fund the rest of the government through Jan. 30.
↵↵If Trump has a legislative strategy for the 12-month run to the 2026 midterm elections, he and his team have done a bang-up job camouflaging it.
that would lower insulin costs by providing $3.1 billion to help federally qualified health centers cover the direct costs of discounted insulin and epinephrine for qualifying patients through fiscal 2026
$54 billion in five-year grants for semiconductor manufacturing and research as well as 5G wireless deployment, a 25 percent tax credit for investments in semiconductor manufacturing facilities through 2026
grants over five years for semiconductor manufacturing and research, along with 5G wireless deployment; a tax credit covering 25 percent of spending on new semiconductor manufacturing plants through 2026
in grants over five years for semiconductor manufacturing and research along with 5G wireless deployment; a tax credit covering 25 percent of spending on new semiconductor manufacturing plants through 2026
Schumer pledged to move ahead with a procedural vote Tuesday afternoon on legislation that would, at minimum, fund semiconductor manufacturing grants and tax incentives through 2026.Â
In 2026, individual income tax provisions from Republicans’ 2017 tax overhaul would expire, shifting impacts again.
Now the bill includes a one-year expansion and almost $4 billion available through 2026 for the IRS, along with another $1 billion for the Treasury Department to support enrollment and administration
Schumer, D-N.Y., floated Tuesday to eliminate the cap completely for five years but then reinstate it in 2026 at the old $10,000 figure.
Spending drops sharply after 2026, when only full refundability would remain in place. About $13 billion of that cost would be for keeping it fully refundable in the second half of the decade.
, the CBO said if current laws generally remain unchanged, debt as a share of the economy will fall slightly from an estimated 102.3 percent of GDP in fiscal 2021 to slightly less than 101 percent in 2026
To offset some of the added cost, the compromise amendment would extend a limit on losses some business owners can claim against other income for an extra year, through 2026.