Senate passes $1.2-trillion funding package in overnight vote, ending threat of partial shutdown

The Senate passed a $1.2-trillion package ... of a government shutdown to the fall. The bill now goes to President Biden to be signed into law. The vote was 74 to 24. It came after funding had ... Read More

Biden signs $1.2 trillion government funding package, averting partial shutdown

After a day of total procedural hijinks, the Senate passed the government ... passage of the bill. The $1.2 trillion government funding bill was sent to Biden's desk as the late night drama ... Read More

Whistling Past a $1.9 Trillion Federal Deficit

including $2.04 trillion of individual income taxes, $1.44 trillion coming from social insurance and retirement programs, and $413 billion in corporate income taxes. Alas, the government’s ... Read More

Schumer says he will work to block cuts of CDC’s budget

the “overall food safety apparatus of the federal government could be risked.” “It’s devastating,” he said. “The Senate will not stand for them.” The House funding bill passed the ... Read More

U.S. Senate approves 11 of 12 FY 2025 draft funding bills with Virginia priorities

Eleven of 12 appropriations bills have so far been passed out of the Senate ... with the $1.5 billion in IIJA advanced appropriations – will see $2.05 billion in total funding. Read More

Hunter Biden's lawyers, prosecutors spar over evidence in pretrial hearing

In a 56-page indictment, prosecutors allege Hunter Biden engaged in a "four-year scheme" from 2016-2019 to avoid paying at least $1.4 million ... was critical of the government filings that ... Read More

Will Congress manage to pass bipartisan spending bills this time around?

With funding set to expire on Sept. 30, Congress must pass the 12 spending bills or a continuation resolution, or CR, that would adhere to present spending levels. Punchbowl News reported that House ... Read More

How the Biden-Harris Economy Left Most Americans Behind

That’s bad news because ... All Mr. Biden had to do was let the recovery unfold. Instead, Democrats in March 2021 used Covid relief as a pretext to pass $1.9 trillion in new spending. Read More

Fiscal Year 2025 Department of Energy Funding: House vs. Senate Markups

The Senate passed its EWD bill through full committee on Aug. 1, 2024, with no opposition before it broke for recess. To secure FY 2025 funding ... $1.3 billion less than what President Joe Biden ... Read More

Companies Return to Debt Markets, Pushing Sales Pass $1 Trillion

Blue-chip firms issued $6.77 billion Tuesday, pushing yearly volume over the $1 trillion mark just eight months into the year. Weak economic data reports last week fueled worries the Federal ... Read More

Senate GOP blocks bipartisan bill to expand child tax credit

Senate Republicans on Thursday blocked a bipartisan bill that would boost a tax credit for parents as the GOP and Democrats feud over remarks from Republican vice presidential nominee Sen. JD Vance ... Read More

NJ Gov. Phil Murphy settles on pick to temporarily replace ‘Gold Bar’ Bob Menendez in Senate

Bob Menendez’s temporary replacement in the Senate, according to multiple reports. Helmy, a 44-year-old executive at RWJBarnabas Health, could be announced as Murphy’s pick as soon as Friday ... Read More