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Budget Deal

How 'Citibank Budget' Push Foreshadows "Fast Track" for Trade Deals

Dave Johnson | Posted 12.18.2014 | Business
Dave Johnson

It is worth examining how the process was rigged to push that budget deal through Congress over the weekend that contained Citibank-written derivative deregulation and all kinds of other goodies for the rich and powerful

Debt Vote Shrouded In Secrecy

AP | By ANDREW TAYLOR | Posted 04.15.2014 | Politics

WASHINGTON (AP) — Financial markets were watching, the retirement accounts of millions of Americans on the line. Nervous senators wer...

Fever Breaking? Clean Debt Ceiling Bill Passes House

Jared Bernstein | Posted 04.14.2014 | Politics
Jared Bernstein

So, when an arsonist doesn't burn down the House [sic] do you praise him for self-restraint or just go about your business because, you know, you're not supposed to burn things down?

Top Obama Aide Predicts Drama-Free Debt Ceiling Increase

Reuters | Posted 04.01.2014 | Politics

By Mark Felsenthal WASHINGTON, Jan 30 (Reuters) - A top White House official voiced confidence on Thursday that Republicans would agre...

Disabled Veterans To Be Exempted From Pension Cuts

AP | ANDREW TAYLOR | Posted 01.23.2014 | Politics

WASHINGTON (AP) — A massive spending bill taking shape on Capitol Hill is likely to repeal a recently enacted pension cut for disabled veterans. Ca...

GOP Senator Criticizes Bipartisan Efforts For Enabling 'Status Quo'

The Huffington Post | Mollie Reilly | Posted 01.25.2014 | Politics

Sen. Tom Coburn (R-Okla.) spoke out Sunday against the narrative that bipartisanship is good for government, telling NBC's David Gregory that the rece...

Obama's Weekly Address Calls Bipartisan Budget A Hopeful Sign

AP/HuffPost | Posted 01.23.2014 | Politics

WASHINGTON (AP) — President Barack Obama says the bipartisan budget approved by Congress is a hopeful sign that Washington can end its cycle of cris...

A Few Final Thoughts on the Budget Deal

Jared Bernstein | Posted 02.19.2014 | Politics
Jared Bernstein

It's not over -- they still have to appropriate their new top-line spending numbers down to all the agencies -- but it looks like the budget deal that quite handily cleared both chambers will soon be enacted. But I've got a few lingering thoughts

HOPELESS: Congress Leaving Unemployed Out In The Cold

The Huffington Post | Zach Carter, Ibrahim Balkhy | Posted 12.19.2013 | Politics

Note to the 1.3 million Americans wondering if Congress will cut off their unemployment benefits at year-end: It's hopeless. Rep. Peter DeFazio (D-Ore...

What The White House Is 'Not Getting Overexcited' About

AP | JULIE PACE | Posted 12.19.2013 | Politics

WASHINGTON (AP) — There were no champagne corks popping at the White House after Congress passed a two-year budget deal, no declarations of a new er...

The Republican 'Civil War' Isn't About Policy: It's About Cash

Jason Sattler | Posted 02.17.2014 | Politics
Jason Sattler

But are there actual divisions in policy between Paul Ryan and Ted Cruz? They currently disagree on one thing -- tactics. John Boehner and Paul Ryan cannot afford another government shutdown. Ted Cruz can.

Senate Passes Big Bipartisan Deal

Posted 01.23.2014 | Politics

By DAVID ESPO, THE ASSOCIATED PRESS WASHINGTON (AP) — Congress sent President Barack Obama legislation Wednesday scaling back across-the-board cu...

Budget Deal Could Have Been Worse, But Fiscal Policy Still on the Wrong Track

Mark Weisbrot | Posted 02.17.2014 | Politics
Mark Weisbrot

There was good news, bad news, and stupid news from the budget deal reached by the U.S. House of Representatives this week. Probably the best news is that we can have a national day of gloating that there are no cuts to Social Security.

Why These Groups Are Opposing The Budget Deal

AP | SAM HANANEL | Posted 12.18.2013 | Politics

WASHINGTON (AP) — Employers that still offer workers traditional pension plans are in line for hefty insurance premium increases under the budget ag...

Here's How Congress Might Not Screw Up The Economy

AP | By JOSH BOAK | Posted 02.17.2014 | Politics

WASHINGTON (AP) — The U.S. Congress did something Wednesday it hasn't done during three years of partisan warfare: Pass a budget deal that won't lik...

Shahien Nasiripour

With The Lights On, 99 Senators Voted Against Wall Street. The Lights Went Off And They All Fled

HuffingtonPost.com | Shahien Nasiripour | Posted 01.23.2014 | Politics

WASHINGTON -- The nation’s biggest banks have quietly dodged a measure expressing Congress’s desire to eliminate the unfair advantages they may en...

We Just Got One Step Closer to a Budget Deal -- But Now I Need Your Help

Sen. Patty Murray | Posted 02.16.2014 | Politics
Sen. Patty Murray

This is not the deal Democrats would have written on our own, and it's not the deal that Republicans would have written on their own. It's a compromise -- and can hopefully serve as a foundation for continued bipartisan work. But first, this bill needs to pass.

Sabrina Siddiqui

Budget Deal Clears Major Hurdle In Senate

HuffingtonPost.com | Sabrina Siddiqui | Posted 12.17.2013 | Politics

WASHINGTON -- The United States Senate advanced a budget compromise Tuesday that provides modest relief to across-the-board spending cuts and prevents...

Lies, Big Lies and Speaker Boehner: Why the Budget Deal Fails America

Fernando Espuelas | Posted 02.16.2014 | Politics
Fernando Espuelas

Exposing once again Congress's inability to function as one of the three pillars of government, the budget deal struck by Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.) solves no pressing national problems.

Senate Approval Of Budget Deal Likely This Week

Reuters | Posted 02.15.2014 | Politics

* Conservatives lack votes to block fiscal measure * Procedural vote set for Tuesday * Final passage expected by Wednesd...

Republican On Budget Deal: 'Sometimes The Answer Has To Be Yes'

The Huffington Post | Paige Lavender | Posted 12.16.2013 | Politics

Sen. Orrin Hatch (R-Utah) said he will support the budget agreement proposed by Sen. Patty Murray (D-Wash.) and Rep. Paul Ryan (R-Wis.), saying "somet...

'It's Insane': Here's What's Targeted In Budget Deal

AP | ALAN FRAM | Posted 12.16.2013 | Politics

WASHINGTON (AP) — Distinctly unpopular among voters and a scant presence in most congressional districts, federal workers have become an easy target...

Senate Republican Backs Bipartisan Budget Deal

The Huffington Post | Ashley Alman | Posted 01.25.2014 | Politics

Sen. Ron Johnson (R-Wis.) announced his intent to vote for a bipartisan budget deal in a statement on Sunday. The budget agreement was reached by R...

Budget Deal May Signal Era Of Tiny Achievements

AP | CHARLES BABINGTON | Posted 12.15.2013 | Politics

WASHINGTON (AP) — People hoping for a government that works better can't decide whether to cheer or lament a bipartisan budget bill that legislative...

Dem Senator Says Budget Deal Still Short Of Votes To Pass

Reuters | Posted 02.14.2014 | Politics

WASHINGTON, Dec 15 (Reuters) - Senate Democrats are still short of the votes needed to pass a budget deal that would avoid a government shutdown in...