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Stories tagged: spending

McConnell says ‘zero chance’ Congress will fail to raise debt ceiling

Senate Majority Leader Mitch McConnell, R-Ky., said Monday that there was “zero chance, no chance” Congress would fail to raise the debt ceiling by late September, though he offered no …

UPDATED: Fri., Aug. 4, 2017, 2:48 p.m.

Defense to get historically high share of research budget

The Pentagon and other security agencies’ outsize consumption of federal research money would grow further under Republican plans, while nondefense research spending would drop, sometimes dramatically, a new congressional report …

Robert J. Samuelson: Health care debate emotional, not rational

What we want as individuals (unlimited care) may not be good for the larger society (overspending on health care).

U.S. retail sales slide 0.3 percent, biggest drop in 16 months

Americans cut spending at gasoline stations, department stores and electronics shops in May as retail sales registered their biggest drop in 16 months, a cautionary sign for the economy.

UPDATED: Wed., June 7, 2017, 2:07 p.m.

Canada to increase military spending 70 percent in 10 years

Canada’s defense chief says the country plans a sharp increase in military spending.

Trump team defends budget; lawmakers have serious doubts about plan

President Donald Trump’s budget chief delivered a spirited defense of the plan’s deep spending cuts, but his agriculture secretary offered only a half-hearted endorsement of proposed reductions to farm subsidies …

Montana U.S. House race sparks record campaign spending

Campaign spending ahead of Thursday’s special election to fill Montana’s only U.S. House seat continued to surge deep into record territory, with at least $17 million flowing into the race …

UPDATED: Fri., May 5, 2017, 7:11 p.m.

Trump signs $1 trillion spending bill, keeps government open

President Donald Trump signed his first piece of major legislation on Friday, a $1 trillion spending bill to keep the government operating through September.

UPDATED: Thu., May 4, 2017, 6:28 p.m.

Senate OKs bill to fund government through September

The Senate voted on Thursday to approve a $1.1 trillion spending bill to fund government through September, preventing the risk of a government shutdown.

UPDATED: Wed., May 3, 2017, 2:47 p.m.

House passes $1.1 trillion government spending bill, sends to Senate

The House easily passed a $1.1 trillion governmentwide spending bill on Wednesday, awarding wins to both Democrats and Republicans while putting off until later this year fights over President Donald …

Samuelson: Gap between expectations, taxation too wide

Our wants and needs from government exceed our willingness to be taxed.

UPDATED: Mon., May 1, 2017, 10:30 p.m.

Congressional spending compromise includes protection for Washington’s marijuana industry

Congress is scheduled to vote on a $1 trillion spending package this week that will keep in place a restriction on the Justice Department from using its share to go …

UPDATED: Sun., April 30, 2017, 10:40 p.m.

Lawmakers tap unspent campaign money for suits, meals, decor

Since the election, more than a dozen state lawmakers have spent thousands of surplus campaign money on suits, flights, meals, charities and office furnishings, according to a review of state …

UPDATED: Tue., April 25, 2017, 9:02 p.m.

Shutdown? New president, same old government brinkmanship

There’s an unconventional new president in the White House. And the Republicans now have a new lock on both ends of Washington’s Pennsylvania Avenue. But the capital city is still …

City Council seeks more control of how Police Department uses seized funds

The panel is set to vote on a bill Monday that will put the spending of money seized from suspected criminals under their authority and require regular public reports.

Obama-era law could help Democrats block Trump’s budget

WASHINGTON – President Donald Trump proposed an ambitious budget Thursday morning, calling for severe cuts across most of the federal government and a major increase in military spending. It would …

U.S. construction spending drops 1 percent in January

Builders cut back on construction spending in January by the largest amount in nine months, with weakness stemming from the biggest reduction in government activity in nearly 15 years.

Consumers spend less than forecast as inflation bites

Consumer spending rose less than projected in January as rising prices pinched Americans’ wallets, leading inflation-adjusted purchases to fall by the most since 2009. The 0.2 percent advance in spending …

House passes stopgap measure as senators raise objections

A day ahead of a government shutdown deadline, the House easily passed a stopgap spending bill to keep federal agencies running through the end of April. The legislation’s fate in …

GOP adds $10B for wars, $4B for disasters to stopgap spending bill

Congress is quickening its pace toward adjourning late this week, marching toward a final vote on legislation boosting medical research and speeding drug approvals and readying a separate stopgap spending …

For Trump’s economic plan, boosting supply is key

The challenge is to spend money in ways that boost supply, making the economy more productive in the longer term.

Froma Harrop: Election is our political 9/11

From a policy perspective, Trump’s proposals are not all bad. The man’s the problem. Nothing was worth the crude racism and vulgar attacks normalized in the election.

Obama, McConnell strike hopeful tone on budget, Zika

Striking a conciliatory tone after an Oval Office sitdown, President Barack Obama and the top Senate Republican declared themselves hopeful Monday that an agreement can be reached to keep the …

Congress returning to do … the bare minimum

WASHINGTON (AP) – Lawmakers return to Washington this week for an abbreviated election-season session in which they will likely do what they do best: the bare minimum. All Congress must …

State asks Washington Supreme Court to end education sanctions

Attorneys from the office of Attorney General Bob Ferguson says the state is on track to fulfill its constitutional requirement to properly fund education and in a court filing Wednesday …

Food stamps would be cut by $23 billion under GOP budget plan

Republican leaders have proposed more than $23 billion in food stamp cuts in a budget plan that could be brought to the House floor in the next two weeks, several …

U.S. consumer borrowing jumps 10 percent in March

U.S. consumers sharply increased use of their credit cards in March, pushing up total borrowing at the fastest pace in more than a decade.

Iran nuclear deal dispute blocks spending bill

Democrats on Wednesday blocked the Senate’s first spending bill of the year in a last-minute fight over a Republican effort to undercut the Iran nuclear deal and scuttle U.S. plans …

House GOP plan to cut wartime money troubles Defense Secretary Carter

Defense Secretary Ash Carter said Wednesday that he’s deeply troubled by a House Republican proposal to reduce wartime funding by $18 billion to pay for weapons and troops the Pentagon …

Republican Idaho lawmaker bloc often votes ‘no’ on appropriations

Every year a bloc of lawmakers in the Idaho Legislature votes against billions of dollars in spending for routine functions of state government, and this year was no exception.