The House and Senate are ready to vote on legislation cutting almost $40 billion from the budget for the current year, but President Obama and his GOP rivals are both eager to move on to multiyear fiscal plans that cut trillions instead of billions.

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Topics:  house   senate   president obama   gop   ready   budget   
BING NEWS:
  • ‘Horse race’ is on as Trump hears from senators on budget strategy
    President-elect Donald Trump appears ready to let Senate and House Republicans settle their differences over budget reconciliation strategy without putting his thumb on the scales for either the ...
    01/8/2025 - 1:26 pm | View Link
  • Newsom proposes ‘balanced’ budget with no deficits
    California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be “balanced” and without deficits — marking a significant turnaround after two years of ...
    01/6/2025 - 8:31 am | View Link
  • Gov. Gavin Newsom announced a $322.2 billion budget with no deficit. Here’s what’s in it
    California no longer faces a budget deficit, Gov. Gavin Newsom said Monday, two months after budget officials projected a $2 billion deficit that had left little room for additional government ...
    01/6/2025 - 8:01 am | View Link
  • COMMENTARY: The DOGE tag team is ready to rumble
    Musk recently declared that the federal budget could be reduced by “at least” $2 trillion. In Fiscal Year 2025, total federal spending is estimated to be $7.266 trillion, so the target represents a ...
    12/25/2024 - 10:59 am | View Link
  • The Latest: Republicans ready new spending plan as government shutdown looms
    President-elect Donald Trump abruptly rejected a bipartisan plan Wednesday to prevent a government shutdown, instead telling House Speaker Mike Johnson and Republicans to essentially renegotiate — day ...
    12/19/2024 - 8:43 am | View Link
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