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Congress · 118th Congress

CBO: Debt limit to hit as soon as July, budget picture worsens

But Wrightson ICAP said there remains “tail risk” that Congress would need to act by early June given “Treasury’s financial position will be at a low ebb from June 6 to June 14” after Treasury’s debt issuance

Congress · 118th Congress

House foreign aid cardinal sanguine on fiscal 2024 funding

In the fiscal 2023 bipartisan omnibus spending deal, Congress provided $59.7 billion in enduring funding for foreign aid and diplomacy programs, a $3.6 billion boost or roughly 6 percent increase

Policy · 118th Congress

‘Amtrak Joe’ touts transit funding for Northeast Corridor

The Transportation Department has yet to make any allocations for the project, although the Biden administration said it could receive up to $4.7 billion of its $6 billion total from the 2021 infrastructure

Policy · 118th Congress

Judge delays Peter Navarro trial on contempt of Congress charges

House adviser during the Trump administration, had been scheduled to go to trial next week on two charges that he refused to comply with a subpoena from the House select committee investigating the Jan. 6,

Congress · 118th Congress

House border security bill bumped amid Republican concerns

Comer, R-Ky., chairman of the House Committee on Oversight and Accountability, announced last week that his panel will hold a hearing the week of Feb. 6 to investigate the Biden administration’s border

Policy · 118th Congress

Lawmakers set to press Supreme Court on ethics standards

And ethics experts questioned whether Justice Clarence Thomas should have recused himself from a case dealing with Trump administration records related to the Jan. 6 attack that likely included his wife