The latest news on federal budget
Congress is hoping to bring back hundreds of millions in federal funding for local law enforcement slashed from this year's appropriations bill, a Senate staffer told the U.S. Conference of Mayors during its annual conference in Washington today.
The issue may be a proxy for concern about an incompetent federal government.
Lawmakers should be penalized for inability to curb spending and modify the alternative minimum tax.
After months of the president and members of Congress bickering over the federal budget, the White House said today it was encouraged by concessions Democrats made over the weekend in crafting a $500 billion-plus catchall spending bill. While the bill mainly sticks with the president's proposed budget, it also shifts money to social programs the president wanted to cut.
But budget-cutting without entitlement reform may be useless.
With time running out before the Thanksgiving holiday and the continuing resolution to fund the federal government set to expire Friday, Congress, now more than a month into the new fiscal year, will be busy after Veterans Day keeping the government financially afloat and debating appropriations bills.
Democrats in Congress want a big overhaul despite healthy coffers.
A children's insurance veto, $190 billion for wars, and a "deficit be damned" attitude all spell trouble.
Ben of Ben &Jerry's seeks commitments to trim defense budget.
Congressional leaders defer bigger battle over spending for later in the year.