budget News Updates

Government, Business

Trump Gets Tentative Win From CBO Tax and Tariff Estimates

The CBO handed Republicans a major political talking point, with projections showing the possibility for tariffs to bring in more federal revenue than would be lost by Trump's tax cut plan.

June 4, 2025
Government

House to Debate Transportation Funding Request for Fiscal '26

Subcommittee debate on the bill meant to fund operations at the Department of Transportation is scheduled for July 14 with full committee consideration slated for July 17.

May 29, 2025
Government, Business, Fuel

House Backs Electric Vehicle, Hybrid Fees in Budget Bill

A massive House-passed tax and budget measure promises to return a federal account central to transportation maintenance projects to solvency.

May 22, 2025
Government

Duffy Defends Trump’s $27 Billion Infrastructure Budget

The country’s top transportation officer defended the White House’s fiscal 2026 funding request for his department during a recent Senate subcommittee hearing.

May 20, 2025
Government

Trump Budget Includes Freight Interests, Cuts Green Programs

DOT would realize a series of updates to freight infrastructure and supply chain initiatives under a fiscal 2026 budget request lawmakers say is short on specifics.

May 9, 2025
Government

GOP Pushes ‘Big Beautiful’ Budget Toward Summer Vote

As Congress resumes its legislative agenda the week of April 28, House and Senate Republicans intend to devote most of their efforts to finalizing a comprehensive budget package.

April 24, 2025
Government, Business

Congress Adopts Trump Tax, Budget Blueprint

President Donald Trump’s tax and budget agenda is one step closer toward realization after the House of Representatives agreed on a partisan legislative blueprint.

April 10, 2025
Government, Business

Trump Budget, Tax Bill on Congress’ Spring Agenda

Ahead of the Easter recess, consideration of Trump administration nominees and a comprehensive budget and tax bill will dominate the Senate’s agenda.

March 27, 2025
Government

Congress Approaches March 14 Funding Deadline

Congressional Republican leaders in early March were focused on pursuing a short-term funding extension designed to avert a partial government shutdown this month.

March 6, 2025
Government

Congressional Leaders Negotiate Budgets

With a funding deadline fast approaching, congressional leaders have yet to debate a plan for averting a government shutdown next month.

February 20, 2025