House GOP Takes First Step Toward Tax Cuts, Debt Limit Increase
House Republican leaders took the first step Wednesday toward enacting trillions of dollars in tax cuts and raising the ...
US estimated to have borrowed $127B in January: CBO
The Congressional Budget Office (CBO) estimated in a report on Monday that the federal government racked up a deficit of $127 ...
Speaker Johnson pivots on debt limit, and debt hawks like it
House Speaker Mike Johnson said one of President Trump’s top priorities, increasing the debt limit, will now be part of ...
The Heritage Foundation11d
Death to “Discretionary” Budgeting
U.S. federal budgeting has two major categories of spending. The one subject to the most scrutiny is “discretionary” spending, which is the basis of the annual appropriations process. This includes ...
Snip, snip: Spending cuts are coming
Republicans’ agenda of cutting taxes and increasing spending on their policy priorities depends significantly on identifying ...
'Have to cut spending': Nebraska's Flood ready to prioritize Trump's plan
The Nebraska Republican said Congress plans to use a process called reconciliation to pay for Trump's priorities ...
Business Today13d
Fiscal Deficit & Spending: What Govt Should & Shouldn’t Do In Budget 2025. Morgan Stanley’s View
Excessive Populist Spending – With rising state-level ... but Morgan Stanley argues that stability is key. A higher deficit could limit monetary policy flexibility, increase inflation risks ...
AOL8d
Opinion - Snip, snip: Spending cuts are coming
Congress must soon pass legislation to prevent a government shutdown and increase the debt limit. Expensive relief ... should be offset by other spending cuts. Deficit hawks have outsized leverage ...