Tag: budget

Schumer Will ‘Surrender,’ Put Debt Ceiling in Reconciliation: Cruz

On Monday evening, unified Senate Republicans shot down debate on a resolution to fund the government through December. Now, Democrats are scrambling to find a new way to push a debt ceiling increase through the Senate with at least some Republican support. But according to Sen. Ted Cruz (R-Texas), Senate Majority Leader Chuck Schumer (D-N.Y.)…


Sanders Demands $3.5 Trillion Budget as Moderates Demand Smaller Bill

After months of tough negotiations with moderate Democrats, Sen. Bernie Sanders (I-Vt.) took to Twitter to demand an all-or-nothing $3.5 trillion reconciliation bill. Sanders, the author of the expansive budget, initially wanted a bill with a $6 trillion price tag, but this was eventually lowered in the final draft of his budget to $3.5 trillion….


Democrats Suggest Giving President, Treasury Power to Raise Debt Limit

After a Tuesday meeting of the Democratic caucus, Speaker of the House Nancy Pelosi (D-Calif.) spent much of the press conference discussing the debt ceiling. As Republicans continue to block Democratic efforts to raise the debt limit, Pelosi indicated that members of her caucus are already looking for ways to avoid the challenge in the…


Senate Votes Against Debate on Continuing Resolution to Fund Government, Forces Negotiations

On Monday, the Senate met to vote on a continuing resolution advanced by House Democrats to fund the government through December and provide emergency aid for areas affected by Hurricane Ida and Afghan refugees. In a roughly party-line vote, the upper chamber failed to meet the 60-vote threshold to begin debate on the resolution, a…


Senate Votes Against Dem Bill to Raise Debt Ceiling, Fund Govt

On Monday, the Senate met to vote on a continuing resolution advanced by House Democrats to fund the government through December and provide emergency aid for areas affected by Hurricane Ida and Afghan refugees. In a roughly party-line vote, the upper chamber failed to meet the 60-vote threshold to begin debate on the resolution, a…


Senate Votes Against Democrat Bill to Raise Debt Ceiling, Fund Goverment

On Monday, the Senate met to vote on a continuing resolution advanced by House Democrats to fund the government through December and provide emergency aid for areas affected by Hurricane Ida and Afghan refugees. In a roughly party-line vote, the upper chamber failed to meet the 60-vote threshold to begin debate on the resolution, a…


Bipartisan Caucus Opposes Linking Budget, Infrastructure Bills

Members of the Problem Solvers Caucus (PSC) in the House, a bipartisan group of moderates, have long opposed linking the Senate-passed infrastructure bill with the Democratic $3.5 trillion budget. Now, as the time for a vote on these bills is only days away, these moderates are keeping up that pressure. A Democratic coalition of nine…


Biden Says Democrats Stuck in ‘Stalemate’ in Talks on $3.5 Trillion Spending Bill

President Joe Biden said Friday that talks on his $3.5 trillion spending proposal were at a standstill as Congressional Democrats struggle to bridge differences between the party’s factions. Biden made the remarks at a Sept. 24 White House briefing, during which he addressed a range of issues, including the still-evolving $3.5 trillion package of social…


Budget Bill Devotes Billions to New ‘Civilian Climate Corps’

Since President Joe Biden took office, he and some congressional Democrats have pushed strongly for the creation of a New Deal-style initiative: the Civilian Climate Corps (CCC). On Friday, congressional Democrats unveiled text from the more than 2,000-page reconciliation bill. Among its many appropriations, the new CCC will receive a substantial appropriation. President, Progressives Have…


Chile’s 2022 Draft Budget Seeks to Tame Deficit After Pandemic Splurge, Pinera Says

SANTIAGO—Chilean President Sebastian Pinera unveiled an $82.1 billion draft budget for 2022 on Thursday, that he said would begin to tame a ballooning deficit in the world’s top copper producer following more than a year of emergency spending to combat the COVID-19 pandemic. In a televised speech, the center-right president said the budget would reduce…