Latest Government budgets News
Biden signs bill that averts a government shutdown and brings a close to days of Washington upheaval
WASHINGTON (AP) — President Joe Biden signed a bill into law Saturday that averts a government shutdown, bringing a final close to days of upheaval after Congress approved a temporary funding plan just past the deadline and refused President-elect Donald Trump’s core debt demands in the...
Government shutdown is averted just after deadline as Congress rejects Trump's debt limit demands
WASHINGTON (AP) — Facing a government shutdown deadline, the Senate rushed through final passage early Saturday of a bipartisan plan that would temporarily fund federal operations and disaster aid, dropping President-elect Donald Trump's demands for a debt limit increase into the new year. ...
Musk helped kill a congressional spending bill. But much of what he spread was misinformation
President-elect Donald Trump's billionaire ally Elon Musk played a key role this week in killing a bipartisan funding proposal that would have prevented a government shutdown, railing against the plan in a torrent of more than 100 X posts that included multiple false claims. The X...
Government funding difficulties create gloom for federal workers before Christmas
ANNAPOLIS, Md. (AP) — Johnny Zuagar says he’s tried to hide his worries about a potential government shutdown from his three boys as he weighs how much to spend on Christmas presents. “I’ve got to keep a poker face,” Zuagar, a statistician at the U.S. Census Bureau, said...
Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty
WEST PALM BEACH, Fla. (AP) — The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty. The Dow Jones stock index essentially ended Thursday flat after having posted 10 days...
Farmers, business owners, fire survivors face uncertainty after $100B in disaster relief flounders
NASHVILLE, Tenn. (AP) — American farmers, small business owners and wildfire survivors are among those who will suffer if Congress cannot agree on a new spending bill after President-elect Donald Trump abruptly rejected a bipartisan plan that included more than $100 billion in disaster aid. ...
Musk ascends as a political force beyond his wealth by tanking budget deal
In the first major flex of his influence since Donald Trump was elected, Elon Musk brought to a sudden halt a bipartisan budget proposal by posting constantly on his X megaphone and threatening Republicans with primary challenges. The social media warnings from the world's...
Federal officials' authority to track and disable drones set to expire, snared in budget battle
As suspected drone sightings over the eastern U.S. including New Jersey continue to captivate many, the federal government's authority to track and disable unmanned aircraft deemed threatening is set to expire after Friday and a temporary spending bill before Congress that would extend that power...
Trump's words of opposition stop a bipartisan budget deal in its tracks with Musk's help
WASHINGTON (AP) — President-elect Donald Trump delivered a likely death blow to bipartisan congressional budget negotiations, rejecting the measure as full of giveaways to Democrats after billionaire ally Elon Musk whipped up outrage toward the bill and cheered on Republican lawmakers who...
Government funding plan collapses as Trump makes new demands days before shutdown
WASHINGTON (AP) — President-elect Donald Trump abruptly rejected a bipartisan plan Wednesday to prevent a Christmastime government shutdown, instead telling House Speaker Mike Johnson and Republicans to essentially renegotiate — days before a deadline when federal funding runs out. ...
