Last week, the House continued to make progress on appropriations bills for Fiscal Year 2012. The House passed the Homeland Security bill by a vote of 231-188 -- the first of the 2012 bills to clear the House. The House…
Last week the Senate rejected motions to proceed to four budget proposals. Like this week’s scheduled House vote on the debt limit, the votes were largely symbolic and expected to fail. The Senate considered budgets proposed by President Obama and…
Negotiations to raise the federal debt limit are resuming today between the administration and lawmakers as partisan bickering over the budget continues and newly released projections have underscored worries about Medicare's finances.The government hit its debt ceiling a week ago…
Last week Senate Finance Committee Chairman Max Baucus (D-Mt.) said "A debt reduction trigger could be an important part of passing legislation to reduce our debt and move our economy in a positive direction toward growth and job creation." He…