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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

Congress · 117th Congress

VA health care funds, military vaccine rule gum up omnibus talks

Take out veterans health care, which eats up a big chunk at $119 billion — 22 percent more than last year — and the remainder of nondefense spending would rise just 6 percent, barely keeping pace

Policy · 117th Congress

Biden ponders marijuana moves as states forge ahead

The Biden administration’s Oct. 6 announcement that it would revisit that classification comes after previous, yearslong reviews of marijuana’s categorization fell flat, and experts are split on

Policy · 117th Congress

Supreme Court to hear arguments over race in college admissions

Legal experts expect the 6-3 conservative majority at the high court to issue rulings before the end of the term at the end of June that curtail the use of race in admissions and possibly overturn