WASHINGTON — Scaling down his Build Back Better plans, President Joe Biden on Oct. 19 described a more limited vision to Democratic lawmakers of a $2 trillion government-overhaul package with at least $500 billion to tackle climate change and money for middle-class priorities — child tax credits, paid family leave, health care and free pre-kindergarten.
October 19, 2021budget News Updates
Big Pressure on Biden, Dems to Trim $3.5T Federal Overhaul
WASHINGTON — Pressure mounting, President Joe Biden and Democrats in Congress strained Sept. 28 to trim back his $3.5 trillion government overhaul to win support from two key holdout senators ahead of make-or-break deadlines for votes.
September 28, 2021Biden: Budget Talks Have Hit ‘Stalemate’
WASHINGTON — President Joe Biden said Sept. 24 that talks over his $3.5 trillion rebuilding plan have hit a “stalemate” in Congress as he made the case for his expansive effort to recast the nation’s tax and spending programs and make what he sees as sweeping, overdue investments.
September 24, 2021Transportation Panels Pursue Climate, Clean Energy Priorities in $3.5 Trillion Budget
House Speaker Nancy Pelosi is urging Democrats to unify in support of a $3.5 trillion budget proposal that would help advance President Joe Biden’s domestic agenda, including social aid programs and climate change policies.
August 19, 2021Congressional Republicans, Moderate Democrats Balk at $3.5 Trillion Budget
Top congressional Republicans announced their opposition to Democratic leaders’ pursuit of a $3.5 trillion budget plan that would be considered alongside a big-ticket infrastructure package. Separately, a small group of moderate House Democrats took issue with their party’s legislative timeline.
August 18, 2021Biden $6 Trillion Federal Budget Fueled by Higher Taxes
President Joe Biden issued his first full budget proposal May 28, detailing his ambitions to dramatically expand the size and scope of the federal government with more than $6 trillion in spending over the coming fiscal year.
May 28, 2021Trump Budget Targets Loan Program That Could Help Lordstown Plant
The Trump administration’s budget proposal scraps a loan program that could help an upstart electric vehicle company’s plans to reuse the now-closed General Motors factory in Lordstown, Ohio.
February 11, 2020Fiscal 2021 Budget Proposal Offers Increase for Two FMCSA Programs
Programs managed by federal trucking regulators would see a funding boost under a fiscal 2021 budget request the Trump White House sent to Congress on Feb. 10.
February 10, 2020Trump’s $4.8 Trillion Budget Proposal Revisits Rejected Cuts, Addresses Infrastructure
President Donald Trump is offering a $4.8 trillion election-year budget plan that recycles previously rejected cuts to domestic programs like food stamps and Medicaid to promise a balanced budget in 15 years — all while boosting the military and leaving Social Security and Medicare benefits untouched.
February 10, 2020Budget Gap Widens to $747 Billion in Nine Months Through June
The U.S. budget deficit widened by 23% to $747.1 billion in the first nine months of the fiscal year, as rising spending eclipsed a small bump in revenue from the Trump administration’s tariffs.
July 11, 2019Trending
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