Student debt plan adds to deficit but it is still down in latest report
October 21, 2022
President Biden plans to discuss how the overall deficit has dropped during his term.
CBO predicts record $3.3 trillion deficit with warnings it will get worse
September 3, 2020
In a government controlled by Republicans in the White House and Senate, what happened to balancing the budget and keeping the economy strong?
Budget deal avoids shutdown, default
July 23, 2019
President Donald Trump and congressional leaders announced Monday a critical debt and budget agreement that’s an against-the-odds victory for Washington pragmatists seeking to avoid political
Republicans reach tax deal; vote coming soon
December 13, 2017
Congressional Republicans have reached a deal on final tax legislation, the U.S. Senate’s top Republican tax writer said on Wednesday, with President Donald Trump saying
Even Republicans hate their own health plan
March 18, 2017
Republicans intent on scrapping Barack Obama’s Affordable Care Act have a budget problem. As it turns out, repealing and replacing the law they hate so
Repealing Obamacare could increase deficit
June 20, 2015
A nonpartisan government study says repealing President Barack Obama’s signature health care law would modestly increase the budget deficit and the number of uninsured Americans
Congress’ goal: Cut budget, block Obama at every turn
January 3, 2015
In the first Republican-dominated Congress to confront President Barack Obama, GOP leaders will focus on bolstering the economy and cutting the budget — and oh
Obama’s $4 trillion budget: Can it accomplish anything?
March 4, 2014
President Barack Obama is unwrapping a nearly $4 trillion budget that gives Democrats an election-year playbook for fortifying the economy and bolstering Americans’ incomes. It
High-profile panel stumbles on trimming deficit
December 2, 2013
Since the end of World War II, more than a dozen high-profile bipartisan panels have been convened to tackle the nation’s thorniest fiscal problems. Seldom
Obama tax deal drives up rates
December 13, 2010
What the Federal Reserve giveth, Obama taketh away. The U.S. central bank’s $600 billion stimulus plan was supposed to lower interest rates. But President Barack