President Biden closed his last full fiscal year with a $ 1.833 trillion deficit, marking the worst nonpandemic year in history and raising fears the government is heading for an uncontrollable fiscal spiral. The Washington Times stories: White House
Read More...WILMINGTON, Del. (AP) — President Joe Biden on Saturday signed a $ 1.2 trillion package of spending bills after Congress had passed the long overdue legislation just hours earlier, ending the threat of a partial government shutdown. “This agreement represents a compromise, which means neither side got everything it wanted,” Biden said in a statement. “But it rejects extreme cuts from House Republicans and expands access to child care, invests in cancer research, funds mental health and substance use care, advances American leadership abroad, and provides resources to secure the…
Read More...President Biden on Friday signed into law Congress’ $ 1.7 trillion spending bill to avert a partial government shutdown and fund federal agencies through September, praising the measure as a shining example of bipartisanship on Capitol Hill. The Washington Times stories: White House
Read More...Democrats are beginning to wonder if President Biden’s $ 1.75 trillion social welfare legislation is worth the effort, especially after a lone holdout has watered down the bill and delayed its passage until next year. Lawmakers say Sen. Joe Manchin III, West Virginia Democrat, has forced the White House to trim … The Washington Times stories: White House
Read More...President Biden will meet with West Virginia Sen. Joe Manchin next week to talk him into supporting the administration’s $ 1.9 trillion social spending bill. Mr. Biden told reporters on Friday that he wasn’t sure if he could convince the moderate Democrat to vote on passing his bill, better known as … The Washington Times stories: White House
Read More...Thirteen Republicans backed the bill, which is expected to add $ 256 billion to the federal deficit over the next ten years. National Review
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