A continuing resolution would keep the government working. The Senate is set to vote Tuesday evening to advance a short-term bill to keep the government funded, but a…
Read MoreFederal Spending
Treasury Department Reports $220 Billion August Deficit
The number is 29% higher than August of 2021. This week, the Treasury Department posted the U.S. government’s receipts for August 2022, reporting a $220 billion budget deficit.…
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Congress Facing September 30 Funding Deadline
Continuing resolutions are expected to keep the government open. September 30 is the deadline for Congress to get a bill passed and signed to prevent a government shutdown. Legislators…
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Administration Forecasts $1.7 Trillion Deficit Reduction
The amount is lower than what they estimated in March. The Office of Management and Budget said the federal deficit will decline by $1.7 trillion this year, representing…
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Group of Representatives Call for EV Charging Stations
They suggest combining charging stations with broadband infrastructure. Ten members of the House have urged President Biden’s administration to use finances from the Bipartisan Infrastructure Law to build…
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Treasury Funds Four New High-Speed Internet Projects
American Rescue Plan money is awarded to four more states. The Department of the Treasury added an additional four states to the Coronavirus Capital Projects Fund (CPF) this…
Read MoreSenator Braun Submits Budget Plan with 10-Year Balance
Tax cuts and military spending are retained. Senator Mike Braun introduced a plan Tuesday to bring the federal budget into balance over 10 years. The Indiana businessman is…
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CBO Concerned About Increasing Deficit
Presidential executive actions are contributing to the problem. A letter from the Congressional Budget Office (CBO) in response to an inquiry by a congressman from Missouri confirms that…
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Senator Leahy Has Surgery After Breaking Hip
He fell in his home in Virginia. Senate President Pro Tempore Patrick Leahy of Vermont, the longest-serving member of the Senate, fell at his home and his undergone surgery…
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IRS To Clear 2021 Backlog This Week
Treasury secretary calls for additional funding as the service continues to struggle. The Internal Revenue Service (IRS) said on Tuesday that, by the end of this week, they…
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