Truthout
Budget
A Small Cadre of GOP Hard-Liners Is Pushing US Toward Government Shutdown
If the shutdown occurs, it will be because Speaker McCarthy let the far right dictate critical legislative decisions.
Medicaid “Unwinding” Is Largest Loss of Health Coverage in US History
After the U.S. uninsured rate hit a record low in 2022, millions are now losing health coverage simultaneously.
Unveiled House GOP Budget Targets Medicaid, Food Benefits With Trillions in Cuts
It also calls for the establishment of a “bipartisan debt commission” to crack down on Social Security and Medicare.
GOP May Force Government Shutdown Over Abortion and Gender-Affirming Care
Republican proposals for funding the federal government contain measures that are unlikely to win many Democratic votes.
Republicans Aim to Sneak Hundreds of Pro-Corporate Riders Into Must-Pass Bills
The sheer number of riders means that they truly run the gamut of the right-wing imagination.
Biden’s Budget Includes Tax Hikes Targeting Corporations and the Rich
While the plan still keeps corporate tax rates relatively low, progressives applauded the hikes as “long overdue.”
Biden’s 2024 Budget Calls for Revival of Expanded Child Tax Credit
The expanded child tax credit kept millions of adults and children out of poverty in 2021.
Progressives Slam Biden’s Request for $30 Billion Increase to Military Budget
Republicans said $886 billion in military spending was inadequate as they pursue cuts to Medicaid and food benefits.
Biden Proposes Tax Hike on the Rich to Strengthen Medicare
The plan comes as Republicans attempt to exploit a debt ceiling standoff to secure long-sought cuts to federal programs.
Biden Officials: Chip Makers Wanting Federal Subsidies Must Provide Child Care
The administration is looking to leverage the CHIPS Act's nearly $39 billion funding to advance one of its priorities.