Senator McConnell calls it the “clearest path forward.” Senate Majority Leader Chuck Schumer said a bipartisan group of senators worked over the weekend and came up with a…
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House Passes National Defense Authorization Act
The two chambers of Congress have to reconcile the variances in their passed legislation. The House of Representatives voted to pass its version of this year’s National Defense…
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Speaker Continues to Negotiate Spending Bill Proposals
Some members of the House are undeterred at the possibility of a government shutdown. Speaker of the House Kevin McCarthy is working to pass a temporary funding bill…
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National Debt Interest Could be Highest U.S. Expense
Entitlements and defense spending could be eclipsed with debt’s interest. The U.S. Treasury Department released data that shows government spending increased the national debt to $31.38 trillion in…
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Senate Drafting Stopgap Spending Bill Ahead of House
Senators work to extend the deadline for the annual funding bill. Congress returned to Capitol Hill on Tuesday after the month-long summer August recess. The Senate is working…
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House Speaker Proposes Stopgap Continuing Resolution
The short-term government funding measure would avert a shutdown. Speaker of the House Kevin McCarthy of California is suggesting a short-term measure in Congress to avoid a government…
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America’s Credit Rating Downgraded
Treasury Secretary Yellen objects to reduction even as the nation may borrow $2 trillion by yearend. Fitch Ratings, Inc. downgraded its rating of the stability of the federal…
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Congress Heads for August Break
Appropriations made scant progress before recess. Both chambers of Congress have departed Washington, D.C., for the August recess. Appropriations for the coming fiscal year are due by the…
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President Pledges to Veto Congressional Financial Cuts
The White House states additional cuts breach the previous budget agreement. The White House announced President Joe Biden “strongly opposes” legislation that proposes large military and veteran spending…
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Congress Seeks Common Ground on Government Funding
Federal budget as well as farm bill and FAA authorizations due by September 30. The current year’s budget was finally passed by Congress on June 5 after much…
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