Senator Manchin’s attempt to accelerate energy permitting was removed. Congress passed stopgap government funding legislation late this week, just before the October 1 deadline. In order to pass…
Read MoreFederal Budget
Congress Passes Stopgap Funding Bill
The president is expected to sign it Friday. On Thursday, the Senate passed a short-term spending measure that will avoid a partial government shutdown next week and boost…
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Senate to Vote on Stopgap Funding Bill
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…
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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…
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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President Announces Airport Terminal Upgrade Funding
Money comes from the 2021 infrastructure law. The White House announced that President Biden’s administration will grant nearly $1 billion to 85 airports across the country to improve…
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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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Littoral Combat Ships Saved from Scrapyard
Representative Granger strikes deal in defense spending bill. Last week, Representative Kay Granger of Texas struck a deal in the fiscal year 2023 defense bill to save five…
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