Category: budget proposal

Former Vice President Calls for Biden to Meet With House Speaker for Debt Ceiling Talks

Former Vice President Mike Pence attacked President Joe Biden for his unwillingness to negotiate with House Republicans over the lapsed debt ceiling talks. Pence called it “unconscionable” that the president would refuse to meet with Speaker Kevin McCarthy (R-Calif.) over the Federal debt. “We have an obligation to uphold the full faith and credit of American currency. The Constitution…


White House Rules Out Negotiating With GOP Over Debt Ceiling Spending Cut Proposal

White House chief of staff Jeff Zients said the Biden administration would not negotiate with GOP over its debt ceiling spending cut proposal. The administration is insisting that talks over raising the U.S. debt limit be kept separate from talks about federal spending. Zients told NPR White House correspondent Asma Khalid, in an April 20 interview, that…


Capitol Report: House GOP Responds to Biden’s Budget Plan; 419–0 Vote to Declassify COVID Origins Intel

A day after President Joe Biden unveiled his $6.8 trillion budget proposal, House Freedom Caucus members pushed back with a proposal of their own. They say it’s aimed at shrinking Washington. Former President Donald Trump may possibly testify before a grand jury in New York. This comes amid Trump’s campaign to regain the White House…


LIVE NOW: NTD Business (March 10): Silicon Valley Bank Seized After Bank Run; Elon Musk Building ‘Utopia’ Town: WSJ

A big bank collapses in the United States, and a federal agency steps in–to protect customers from losing all their money. Billionaire Elon Musk is reportedly building a town in Texas for his employees to live. We get some reactions. Another company, coming out with a generative AI tool–this time, to help you write. Why are…


NTD Business (March 10): Silicon Valley Bank Seized After Bank Run; Elon Musk Building ‘Utopia’ Town: WSJ

A big bank collapses in the United States, and a federal agency is stepping in to protect customers from losing all their money. Billionaire Elon Musk is reportedly building a town in Texas for his employees to live. Another company is coming out with a generative AI tool—this time, to help you write. Why are…


NTD Good Morning (Mar. 10): Senators React to Biden’s Budget Plan; NYC Restaurant Vandalized by Masked Men, NYPD Release Footage

President Biden reveals his 2024 budget proposal. Hear what Senator’s from both sides of the aisle have to say about it. Masked men broke into a New York City restaurant and smashed property. Now the NYPD is asking for help to bring them in. We have newly released footage of the vandalism. Virginia Governor Glenn Youngkin wades into…


NTD Good Morning (March 10): Senators React to Biden’s Budget Plan; NYC Restaurant Vandalized by Masked Men, NYPD Release Footage

President Joe Biden revealed his 2024 budget proposal. Hear what senators from both sides of the aisle have to say about it. After masked men broke into a New York City restaurant and smashed property, the NYPD is asking for help to bring them in. We have newly released footage of the vandalism. Virginia Gov….


New York’s Mayor Adams Unveils Record-High Budget of Nearly $103 Billion

New York City Mayor Eric Adams, revealed one of the largest budget proposals in the history of the city. On a Jan. 13 afternoon address from City Hall, Adams announced his record-high $102.7 billion fiscal 2024 budget proposal that would increase city government spending by nearly 1.6 percent. Overall city expenditures would be $1.6 billion…


Tax and Retirement Consequences of Biden’s 2023 Budget Proposal

As part of the Biden administration’s fiscal year 2023 budget proposal, aka the Green Book, for the Treasury Department, Janet Yellen testified before the Senate Finance Committee and the House Ways and Means Committee in early June 2022. Her first stop was the Senate Finance Committee, where she testified on June 7 at a hearing on‌ “The‌…


Biden’s $6 Trillion Spending Plans at Risk Unless Congress Approves Tax Hikes: White House Budget Chief

Acting White House budget director Shalanda Young told a Senate committee hearing Tuesday that President Joe Biden’s proposed $6 trillion spending plans are at risk unless Congress approves associated tax hikes. Young made the remarks while testifying at a Senate Budget Committee hearing on Biden’s fiscal year 2022 budget proposal, which calls for a sharp ramp-up of non-defense…