The Senate Appropriations Committee has approved a supplemental appropriations bill which, according to its preliminary estimates, will provide $58.8 billion in additional funding for this fiscal year.The bill includes $33.5 billion for military operations in Afghanistan and Iraq, counter-terrorism, and…
The federal government ran an estimated budget deficit last month of $85 billion, marking the second year in a row that there has been an April deficit. The government usually runs large surpluses in April as income taxes pour into…
In the weeks ahead, climate change and energy issues are likely to be in the news again. Recently there has been much discussion on Capitol Hill about a potential bipartisan climate change proposal in the Senate. Energy issues were also…
The Treasury Department has released preliminary spending and revenue totals for the first half of the fiscal year showing a slight improvement in the deficit compared to the same period in FY 2009. However, it is too soon to know…