Tag: Federal Budget (US)

ICE Considers Slashing Detention Capacity Because of Budget Shortfall

U.S. Immigration and Customs Enforcement is considering a plan to reduce its detention capacity significantly after Republicans in Congress blocked a bill that would have provided the agency with more than $7 billion, officials said Wednesday. To stay within its current budget, ICE would need to cut detention levels by more than 10,000 spots within […]

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I.R.S. Commissioner Aims to Show Progress Amid Threats of Budget Cuts

At his senate confirmation last February, Daniel Werfel told lawmakers that if given the job of Internal Revenue Service commissioner he would work to increase “public trust” in the beleaguered agency and use the $80 billion that Congress had granted it to build a “more modern and high performing” organization. A year later, Mr. Werfel […]

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Neither Trumpism Nor Bidenomics Has an Answer to Inflation

The flare of inflation reported this week, the unwelcome guest still hanging around when everyone was hoping he’d been shown the door, is a useful reminder of one way to understand the Biden era’s frustrations. The administration’s defenders often argue that it has been more successful at legislating and policymaking than it’s given credit for, […]

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Why the Cost of Biden’s Climate Law Keeps Going Up

The estimated price tag for President Biden’s clean-energy and climate agenda has effectively doubled since the Inflation Reduction Act was signed into law a year and a half ago. Nearly all of the increase is attributable to forecasters’ belief that the law will be more popular than they had originally expected, in part because of […]

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U.S. Debt on Pace to Top $54 Trillion Over Next 10 Years

The United States is on a pace to add nearly $19 trillion to its national debt over the next decade as the mounting costs of an aging population and higher interest expenses continue to weigh on the nation’s fiscal outlook, the nonpartisan Congressional Budget Office said on Wednesday. But the report did offer a sliver […]

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Haley’s Policy Pitch Recalls a Bygone Era Before Trump’s Rise

Nikki Haley is pitching voters on policies that recall an era when the Republican Party stood for a fiscal conscience and foreign policy leadership, at a time when the most sacred of federal programs and the international alliances that built the post-World War II era are under enormous strain. But the voice of contemporary Republican […]

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Biden Signs Stopgap Spending Bill, Averting Partial Shutdown

President Biden on Friday signed legislation averting a partial government shutdown, which will fund agencies until early March as Congress continues to wrangle over spending proposals to fund the government for the remainder of the year. The Senate and the House approved the stopgap measure on Thursday; funding was to run out at midnight Friday. […]

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What’s in the New Tax Deal?

Lawmakers on the House Ways and Means Committee will attempt a rare feat on Friday when they begin debate on something that rarely comes together in an election year: bipartisan tax legislation. A group of top Republicans and Democrats reached agreement this week on a $78 billion package that would expand a tax benefit that […]

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Senate to Pass Stopgap Spending Bill as Congress Moves to Avert Shutdown

The Senate was expected to pass legislation on Thursday to fund the government through early March, putting pressure on the House to quickly follow suit to avoid a partial government shutdown beginning Saturday. Senator Chuck Schumer, the New York Democrat and majority leader, cleared the way on Wednesday for a midday vote on the measure. […]

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Senate Advances Stopgap Bill to Avert a Partial Shutdown

The Senate on Tuesday took the first step in advancing a stopgap spending bill to avoid a partial government shutdown at the end of the week, buying time to enact a broader bipartisan funding agreement for the remainder of the year. By a 68-to-13 vote, senators voted to take up the legislation, which would temporarily […]

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Congressional Leaders Unveil Stopgap Bill to Head Off Shutdown

Congressional leaders unveiled stopgap legislation on Sunday to avert a partial government shutdown, teeing up a race to pass the bipartisan spending deal into law before a deadline at the end of the week. The bill, which came out of a spending deal negotiated by Speaker Mike Johnson and Senator Chuck Schumer, the majority leader, […]

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House Spends $40,000 on New Member Pins as Republicans Fume Over Spending

Halfway through a congressional session already set apart by extraordinary chaos and a lack of productivity, the Republican-led House rang in the new year with a new set of identification pins for every member that cost a cool $40,000, according to a congressional aide familiar with the purchase. At the start of every new Congress, […]

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Johnson Says He’ll Stand by Deal to Avert Shutdown, Spurning Hard-Right Demands

Speaker Mike Johnson said on Friday that he stood by the spending deal he negotiated with Democrats to avert a government shutdown, spurning demands from ultraconservatives who have pressured him to jettison the agreement. The announcement, after days of public silence about what he would do, all but guaranteed that Mr. Johnson will have to […]

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Right Wing Pressures Johnson to Abandon Spending Deal to Avert Shutdown

Speaker Mike Johnson came under mounting pressure on Thursday from House G.O.P. hard-liners to renege on the spending deal he struck with Democrats over the weekend for avoiding a government shutdown, as ultraconservatives demanded he put forward a new plan with deeper cuts. After meeting privately in his office in the Capitol with Republicans irate […]

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Conservatives Revolt Over Mike Johnson’s Deal to Avert Shutdown

Conservatives thrust the House back into chaos on Wednesday, grinding business to a halt in protest of the spending deal Speaker Mike Johnson struck with Democrats to avert a government shutdown and leaving the funding package in limbo. A dozen hard-line Republicans defected from the party line to tank a routine procedural measure, blocking consideration […]

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Far Right Balks as Congress Begins Push to Enact Spending Deal

Congress on Monday began an uphill push to pass a new bipartisan spending agreement into law in time to avoid a partial government shutdown next week, with Speaker Mike Johnson encountering stiff resistance from his far-right flank to the deal he struck with Democrats. Ultraconservative House Republicans have panned the $1.66 trillion agreement Mr. Johnson […]

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With Shutdown Looming, House and Senate Leaders Agree on Spending Levels

Senate and House leaders announced on Sunday that they had struck an overarching agreement on 2024 government funding, but it was not clear whether they would be able to cement the deal and pass it into law in time to avert a partial government shutdown in less than two weeks. After weeks of negotiations and […]

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Senate Wraps Up Year, Punting Ukraine Aid and Other Issues to 2024

The Senate quietly closed out its year on Wednesday by punting many of its most difficult issues into 2024. It failed to deliver on aid to Ukraine. It could not agree on a border policy plan. And a government shutdown is on the horizon. The fizzle at the finish line guarantees that Congress will be […]

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The 26 Bills That Became Law in 2023

In a year of divided government, when House Republicans were even divided against themselves, Congress was historically unproductive. The House has passed just 26 bills that were signed into law by President Biden. Still to come is the annual military policy bill that the House cleared for Mr. Biden last week but he has yet […]

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The 2023 House by the Numbers: 724 Votes, Only 22 Laws Enacted

Representative Kevin McCarthy, the former speaker, had a positive spin on the five days and record-breaking 15 voting rounds it took him to win the gavel in January. “Because it took this long,” he said after the ordeal, “now we learned how to govern.” But as the first year of the 118th Congress draws to […]

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Wall Street’s Bond ‘Vigilantes’ Are Back

Typically, the esoteric inner workings of finance and the very public stakes of government spending are viewed as separate spheres. And bond trading is ordinarily a tidy arena driven by mechanical bets about where the economy and interest rates will be months or years from now. But those separations and that sense of order changed […]

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A ‘Historical and Hysterical’ House Flees After a Tumultuous Year

The Republican-led House of Representatives concluded a year of paralysis and dysfunction on Thursday with the latest in a string of failures to act on a pressing crisis, leaving undone a sweeping emergency spending measure to send another infusion of money to Ukraine for its war against Russia. It was a startling outcome but also […]

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Want to Tax the Rich for Real? Pay Attention to This Supreme Court Case.

Last week, the wealthiest Americans had their day in court. The case before the Supreme Court, Moore v. United States, is a challenge to an obscure and narrow provision of the tax code, in former President Donald Trump’s Tax Cuts and Jobs Act, that taxes certain assets held abroad. An activist lower court judge, most […]

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Defense Bill Agreement Angers Hard Right, Posing a Threat to Johnson

The annual defense bill has become entangled in a tumultuous Republican feud in the House, as hard-right lawmakers revolt over a bipartisan agreement to jettison a raft of deeply partisan dictates that would have limited abortion access, transgender care and diversity training. The dispute over the $886 billion military policy bill, considered one of the […]

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Particle Physicists Offer a Road Map For the Next Decade

“The U.S. will have to cede leadership in certain areas in particle physics,” said Karsten Heeger, a physicist at Yale University who is the P5 deputy chair. “That would be an impact that would be felt in the field, and beyond.” Failing all of that, the draft report urges the federal government to stay the […]

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The New Speaker Avoided a Shutdown. Can He Avoid Being Ousted?

Catie Edmondson contributed reporting. The Daily is made by Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric Krupke, Marc Georges, Luke Vander Ploeg, M.J. Davis Lin, Dan Powell, Sydney Harper, Mike Benoist, Liz O. Baylen, Asthaa Chaturvedi, Rachelle […]

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Happy Thanksgiving, Hermit Billionaires!

Gail Collins: Bret, I guess we should start with things we’re thankful for this year. Don’t suppose the imminent end of the political career of the dreadful Representative George Santos rises to the level of holiday cheer. So you go first. No fair counting family and friends. Bret Stephens: It’s a depressing world, Gail, so […]

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Why We Can Expect More Chaos in the House

Compared to a Republican representative allegedly receiving “a clean shot to the kidneys” from another representative this week, the House passing a plan to avert a government shutdown and keep federal funding flowing into early 2024 seemed almost anti-climactic. But we shouldn’t lose sight of how annual efforts to pass spending bills have changed. They […]

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Biden Signs Spending Bill, Staving Off a Government Shutdown

President Biden signed a short-term government funding bill on Thursday, narrowly averting a government shutdown but leaving a larger spending clash for Congress early next year. The Senate gave final approval to the package late Wednesday, about 48 hours before a shutdown deadline at midnight Friday. In a two-step plan, the bill funds congressional priorities […]

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Congress Prevented a Shutdown, but the Spending Fight Is Far From Over

The stopgap spending bill Congress sent to President Biden late Wednesday prevented the federal government from shutting down as of 12:01 a.m. Saturday. But it is only a temporary reprieve, and lawmakers have considerable work to do before federal agencies again face the threat of running out of money beginning Jan. 19. The House and […]

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House Republicans, Stalled on Spending, Weaponize the Power of the Purse

Just before hard-right House Republicans staged a floor mutiny over spending on Wednesday that sent lawmakers home early for their Thanksgiving break, they managed one final vote, on a measure to reduce the salary of an obscure Biden administration official to $1. It was the 25th time in the three weeks since Speaker Mike Johnson […]

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