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Filters: 118th Congress debt ceiling Clear all

Of course President Biden negotiated on the debt ceiling

Asked on May 9 if cutting a deal on the debt ceiling back then was a mistake, Biden replied: "No, in the sense that I got a call that morning at 6 o’clock saying that the Republican leader would only talk

The GOP’s march of folly on the debt ceiling

In 2021, Moody’s Analytics estimated the economic effects of a monthlong debt ceiling crisis: Economic output would decline by 4 percent, an estimated 6 million jobs would be lost and the stock market,

Trillion-dollar deficits: Biden’s new normal

Future proposed yearly spending could top $10 trillion Worse, CBO baseline spending projections show that Biden’s proposed budgets for the next two years will continue the $6 trillion-dollar spending of

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