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By Andrew Taylor |
May 15, 2013
The budget deficit for the current year is projected to come in well below what was estimated just a few months ago.
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By Andrew Taylor |
May 9, 2013
The Republican-controlled House is moving to put U.S. bondholders and people on Social Security at the front of the line to be paid if the government hits its borrowing limit and is unable to meet all of its obligations.
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By Andrew Taylor |
April 19, 2013
The chairmen of President Barack Obama's 2010 fiscal commission are wading back into Washington's budget wars with a revised, somewhat milder plan to rein in intractable federal deficits.
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By Andrew Taylor |
April 9, 2013
Ideas like higher pension contributions for federal workers are the hardy perennials of Obama's budgets, reprised year after year, along with more widely known proposals like taxing oil companies and the rich. Many of the ideas have been seen as candidates for inclusion in broader deficit deals that have never...
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By Andrew Taylor |
March 22, 2013
Moving on two fronts, the Republican-controlled House on Thursday voted to keep the government running for the next six months while pushing through a tea-party flavored budget for next year that would shrink the government by another $4.6 trillion over the next decade.
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By Andrew Taylor |
March 21, 2013
The House has passed a huge stopgap spending bill to keep the government open through the end of September, sidestepping any threat of a government shutdown.
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By Andrew Taylor |
March 21, 2013
A familiar budget plan to sharply cut safety-net programs for the poor and clamp down on domestic agencies performing the nuts-and-bolts programs of the government is cruising to passage in the tea party-flavored House.
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By Andrew Taylor |
March 20, 2013
The Senate's No. 2 Democrat said Wednesday that he's preparing a plan to create a commission to study Social Security's fiscal problems and send a proposed solution to Congress for guaranteed votes in both House and Senate.
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By Andrew Taylor |
March 20, 2013
The Senate has passed a huge spending bill to keep the government open through the end of September, preventing a government shutdown but leaving in place automatic spending cuts that will mean job furloughs for hundreds of thousands of federal workers.
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By Andrew Taylor |
March 14, 2013
President Barack Obama said he had "a great conversation" with Senate Republicans on Thursday, the third stop in his ice-breaking tour of the Capitol this week on the budget and other topics.