Articles

  • 6 days ago | news.bgov.com | Katherine Rizzo |Erin Durkin |Jonathan Tamari |Skye Witley

    Big Beautiful Work in ProgressHouse Republicans are getting closer to nailing down the components of the “big beautiful bill” that President Donald Trump wants, combining government borrowing authority with tax breaks, more military spending and a lot less spending overall. Our budget team will be watching over the weekend for the thorniest part of that package: the segment dealing with spending on Medicaid, the government’s health program for the lowest-income Americans.

  • 1 week ago | news.bgov.com | Katherine Rizzo |Erin Schilling |Chris Cioffi

    All Eyes on Powell, AgainIf the economists and Wall Street experts are right, today will build on President Donald Trump’s frustration with Federal Reserve Chairman Jerome Powell. While the Fed has more than one part of the economy to keep an eye on — employment, inflation, and avoiding recession are all concerns — Trump’s been focusing on the benchmark interest rate, which has stayed steady for months. “NO INFLATION, THE FED SHOULD LOWER ITS RATE!!!” he posted late last week on Truth Social.

  • 1 week ago | news.bgov.com | Katherine Rizzo |Greg Giroux |Kellie Lunney |Ian K. Kullgren

    Underwood’s OpportunityIf she can rattle the Trump administration official in charge of lightening-fast deportations, Rep. Lauren Underwood will elevate her profile inside a party hungry to find its next viral provocateur. Underwood is the ranking Democrat on the subcommittee that vets the Department of Homeland Security’s annual appropriation. She’ll have dibs on that side’s first question when DHS Secretary Kristi Noem faces that panel this morning.

  • 1 week ago | news.bgov.com | Katherine Rizzo |Jack Fitzpatrick |Ken Tran |Olivia Gyapong

    Trump Budget 1.0It’s not going to be full of details but what matters is that Congress will get a budget request from the White House today. Appropriators want to get going on hearings with department heads, a part of the fiscal 2026 process that can’t happen until there’s at least a skeleton of a formal request — or in the Capitol Hill shorthand, a “skinny budget” — with a fuller version sometime later.

  • 2 weeks ago | news.bgov.com | Katherine Rizzo |Jack Fitzpatrick |Ken Tran |Lillianna Byington

    Private Budget MeetingNow that House committees finished drafting the easier parts of their tax-and-spending package, the next key development will happen behind closed doors this morning. The White House government-slashing supervisor, Budget Director Russell Vought, meets with top Appropriations Committee leaders, Jack Fitzpatrick and Ken Tran report in today’sBudget Brief.

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