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On Tuesday, the Congressional Budget Office released its preliminary budget and economic outlook for 2016–2026. The report shows that despite temporary improvements over the past few years, the country continues to be on an unsustainable budget path.
Republican demands to end the ban on exporting crude oil emerged as a final negotiating point Monday as White House and congressional negotiators moved toward completing a year-end spending bill and a tax-cutting package.
House Republicans have unveiled a short-term spending bill to keep the government open and give senior lawmakers a few more days to finalize a massive spending bill and a package of tax breaks.
House Republicans embraced a new leader Wednesday and swiftly consented to a major budget-and-debt deal to avert a federal financial crisis, highlights of a day of dramatic fresh starts at the Capitol after years of division and disarray.
Congressional leaders are throwing their collective weight behind a hard-won, two-year bipartisan budget plan aimed at heading off a looming government debt crisis and forestalling a government shutdown in December
Passing a continuing resolution to keep the federal government open until December 2015 was just a temporary fix.
Year-end holidays beckoning, House Republicans struggled Tuesday to coalesce behind a plan that avoids a government shutdown next week and simultaneously challenges President Barack Obama’s decision to spare millions of immigrants from deportation.
Missouri Governor Jay Nixon is asking the general assembly to approve more funding for National Guard and State Patrol operations.
