Tag: Budgets and Deficits

The Senate Armed Services Committee said Thursday the $3.1 billion increase does not represent realistic growth for a single year. (AP Photo/Gerry Broome)

National Security

Senate bill adds fewer soldiers, leaves size of Army uncertain

Travis J. Tritten · June 29, 2017 7:51 pm

The White House is requesting to move $500 million into the Navy shipbuilding account to pay for the second ship. (AP Photo/Brynn Anderson)

National Security

Trump officially requests second LCS for the Navy

David Brown · June 29, 2017 6:07 pm

When debt limit hits, the Treasury would run out of cash with which to pay incoming bills, the budget office said. (AP Photo/Jacquelyn Martin, File)

CBO: Debt limit to hit in early to mid-October

Joseph Lawler · June 29, 2017 6:00 pm

Washington's most powerful special interest group is Congress itself, and its members are more than happy to reach across the aisle when their personal interests are on the line. (AP Photo/John Minchillo)

CBO: Budget deficit to rise to $693 billion

Joseph Lawler · June 29, 2017 6:00 pm

Senate Majority Leader Mitch McConnell blamed Democratic obstructionism for why it was necessary to extend the Senate work session into mid-August. (AP Photo/J. Scott Applewhite)

Business groups unite to tell Congress to pick up pace on tax reform

Joseph Lawler · June 28, 2017 8:53 pm

The legislation would provide $11.1 billion for the tax collection agency, holding it below the funding it had a decade ago. (AP Photo/Susan Walsh, File)

House bill would cut IRS spending by $149 million

Joseph Lawler · June 28, 2017 7:48 pm

Removing the ship from the bill would have caused layoffs. (AP Photo/Brynn Anderson)

National Security

House panel votes against cutting a Navy LCS from budget bill

Travis J. Tritten · June 28, 2017 5:26 pm

The agency has received hundreds of bids, but hasn't yet chosen vendors. (Gleason Partners LLC via AP)

DHS to begin building border wall prototypes in San Diego

Josh Siegel · June 27, 2017 10:48 pm

Budget Director Mick Mulvaney, center, attends a Cabinet meeting with President Donald Trump, Monday, June 12, 2017, in the Cabinet Room of the White House in Washington. (AP Photo/Andrew Harnik)

Washington Secrets

Trump budget more of a ‘messaging document’

Paul Bedard · June 26, 2017 4:00 pm

The GOP bill is aimed at taking away Democratic arguments that the U.S. would "default" on the debt by making it clear that if the U.S. was suddenly unable to borrow, it would use the existing flow of tax receipts to keep up debt service payments, including the regular process of paying and taking out new debt, and making interest payments.

House Freedom Caucus sees an opportunity as the debt ceiling approaches

Al Weaver · June 26, 2017 4:01 am

House Armed Services Committee Chairman Rep. Mac Thornberry, R-Texas, added $65 billion to the Trump administration's overall defense funding proposal. (AP Photo/Manuel Balce Ceneta)

National Security

Top Republican scuttles Trump defense proposal: ‘It’s the Obama budget request’

Joel Gehrke · June 22, 2017 10:44 pm

Police would receive $422.5 million in fiscal 2018, under the GOP proposal. (AP Photo/J. Scott Applewhite)

Capitol Police get funding boost in House spending plan

Susan Ferrechio · June 22, 2017 2:12 pm