Year End Budget Deal
Featured Coverage of this Story
From the Left
Budget deal expected this week amounts to a cease-fire as sides move to avert a standoffHouse and Senate negotiators were putting the finishing touches Sunday on what would be the first successful budget accord since 2011, when the battle over a soaring national debt first paralyzed Washington.
The deal expected to be sealed this week on Capitol Hill would not significantly reduce the debt, now $17.3 trillion and rising. It would not close corporate tax loopholes or reform expensive health-care and retirement programs. It would not even fully replace sharp spending cuts known as the
From the Right
Lawmakers nearing possible budget deal, but no 'grand bargain'Congressional negotiators are said to be nearing a budget proposal for next year that would achieve the bare minimum -- setting basic spending levels to avoid a partial government shutdown, and tinkering around the edges of the sequester.
Sources tell Fox News that House and Senate negotiators are close on a possible agreement, at least on paper. Lawmakers have until Friday to finish off their work for the year.
"'Close' is a staff term," one senior lawmaker cautioned, suggesting it's unclear whether those drafting the bill yet have...
From the Left
Budget talks worry those not in roomLargely shut out of the budget negotiations, Capitol Hill’s minority parties are getting increasingly antsy about the emerging agreement.
Senate Republicans and House Democrats are learning the details of a possible deal largely through the media. For Republicans, their unease is caused by news that domestic spending may surpass existing caps, fueled by an increase in fees on government services. House Democrats are growing angry over the increased likelihood that federal workers’ benefits are going to be cut and the possible exclusion of unemployment ins
AllSides Picks
May 12th, 2024
May 9th, 2024
Discuss & Debate economy and jobs
Introduction to Living Room Conversations
May 15 at 12pm PT / 3pm ET Living Room Conversations