The bill awaits the Senate vote before heading to the president’s desk. The $768 billion annual defense spending bill for 2022 was passed by the House of Representatives late…
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House Plans Debt Limit Vote This Week
New borrowing authority is needed by December 15 to avoid a shutdown. House Majority Leader Steny Hoyer said Monday that the House will vote on a bill to…
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President Signs Stopgap Spending Bill
He called it the “bare minimum.” On Friday, President Biden signed the short-term continuing resolution that will keep the government fully funded through February 18, avoiding a partial…
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Appropriators Reach Deal on Government Funding
Congress works to avoid government shutdown. House Appropriations Committee Chair Rosa DeLauro of Connecticut said that the top congressional appropriators have reached an agreement on a spending deal to fund…
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Congress Nears Debt Limit Deadline
No deals are currently on the horizon. The deadline to increase the federal debt limit is only weeks away—December 15. Senate Majority Leader Chuck Schumer of New York and…
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President Negotiates Spending Deal with Congress
Goes to the Capitol to promote administration agenda. On Thursday, President Biden traveled to Capitol Hill to meet with legislators and promote his administration’s domestic policy plan. The…
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Speaker Predicts Economic Bill Passage This Week
Those crafting the bill have gotten “90%” of the legislation sorted out. On Sunday, House Speaker Nancy Pelosi indicated that the House of Representatives was close to a…
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Budget Results Released for Fiscal Year 2021
Treasury secretary and acting OMB director issue joint statement. U.S. Treasury Secretary Janet Yellen and White House Office of Management and Budget Acting Director Shalanda Young released a…
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Speaker Says Spending Bill Deal Within Sight
She expressed optimism after virtual meeting with president and Senate majority leader. Speaker of the House Nancy Pelosi met virtually on Friday with President Biden and Senate Majority…
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2022 Social Security Benefits Getting a Boost
The increase is the largest in nearly four decades. Roughly 70 million Social Security beneficiaries will see a 5.9 percent increase in their payments beginning next year. The…
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