Tag: Budgets and Deficits

According to Sen. Chuck Schumer, D-N.Y., the Democrats "are making very, very good progress in achieving parity" on domestic spending in comparison to the increase in defense funding Republicans are seeking. And Sen.
Mitch McConnell, R-Ky., confirmed a major budget deal is close. (AP Photo/J. Scott Applewhite)

Republicans, Democrats close to two-year spending agreement

Susan Ferrechio · February 6, 2018 8:10 pm

Jim Mattis says the proposal is really just a bargaining chip for negotiations with the Russians, who the U.S. says are violating a Cold War-era treaty that bans intermediate-range missiles. (AP Photo/Alex Brandon)

National Security

The new nuclear weapon the Pentagon doesn’t really want, except as a bargaining chip

Jamie McIntyre · February 6, 2018 5:37 pm

Defense Secretary Jim Mattis, left, speaks, accompanied by Vice Chairman of the Joint Chiefs General Paul J. Selva, during a hearing of the House Armed Services Committee on Capitol Hill, Tuesday, Feb. 6, 2018 in Washington. (AP Photo/Alex Brandon)

National Security

Jim Mattis rips into lawmakers over failed budgets, backs House bill ahead of vote

Travis J. Tritten · February 6, 2018 4:42 pm

Vice President Mike Pence will be a key fundraising and bankrolling figure as the Republican Party approaches what looks to be brutal midterm elections this year. (AP Photo/Cliff Owen)

Mike Pence prioritizes Trump loyalists, swing districts in 2018 fundraising

David M. Drucker · February 6, 2018 5:01 am

President Trump is expected to unveil the $716 billion request for fiscal 2019 on Feb. 12. The money would be a victory for Defense Secretary Jim Mattis (pictured center) over other budget hawks in the administration, and would begin to bankroll a buildup and modernization of the military, as well as improvements to the nuclear arsenal. (AP Photo/Cliff Owen)

Jim Mattis upbeat about $716 billion defense request even as temporary budgets pinch the Pentagon

Travis J. Tritten · February 3, 2018 5:01 am

Puerto Rico’s new revised fiscal plan is business as usual

Washington Examiner · February 2, 2018 5:01 am

Alzheimer's disease is the sixth-leading cause of death in the U.S., and its numbers are rising as the baby boomer generation ages. No effective prevention, treatment, or cure exists. (AP Photo/David Goldman)

Senators urge Trump administration to bolster Alzheimer’s research

Kimberly Leonard · February 1, 2018 10:32 pm

The president will release his budget request this month with the cuts included, according to a draft budget document obtained by the Washington Post. (AP Photo/Carolyn Kaster)

Energy and Environment

Trump invokes ‘war on clean energy’ in leaked budget, Democrats say

John Siciliano · February 1, 2018 5:23 pm

"The secretaries were very clear in encouraging Congress to resolve the budget issues and to end continuing resolutions so they can manage their departments and more importantly, the world knows we are functioning and can do whatever needs to be done to protect the national security of the United States," Rep. Mac Thornberry said. (AP Photo/Evan Vucci)

National Security

Rex Tillerson and Jim Mattis urge Congress to pass a budget at GOP retreat

Susan Ferrechio · February 1, 2018 4:26 pm

New York Gov. Andrew Cuomo has been making the rounds denouncing the Tax Cuts and Jobs Act as a savage attack on New York, particularly focusing on the state and local tax deduction. But if Cuomo truly wishes to solve the state's fiscal problems, he must re-examine its longtime culture of punishingly high taxes and reckless spending. (AP Photo/Hans Pennink)

Beltway Confidential

Andrew Cuomo virtue-signals to cover up his fiscal failures

Spencer Chretien · January 31, 2018 8:42 pm

The Congressional Budget Office had previously projected that the debt ceiling would become binding in late March or early April. Due to the passage of the tax reform bill, however, the CBO says that the deadline for raising the debt ceiling will now fall during the first half of March. (AP Photo/Susan Walsh, File)

CBO moves debt limit deadline up to first half of March thanks to GOP tax cuts

Joseph Lawler · January 31, 2018 7:34 pm

"I respectfully urge Congress to protect the full faith and credit of the United States by acting to increase the statutory debt limit as soon as possible," Steven Mnuchin wrote in a letter addressed to House Speaker Paul Ryan. (AP Photo/Susan Walsh)

Steven Mnuchin tells Congress to raise debt ceiling as soon as possible

Joseph Lawler · January 31, 2018 2:55 pm