Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.
Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their budget deal.
Who's who in the debt limit fight: Meet the four negotiators who could save the US from default
President Joe Biden and House Speaker Kevin McCarthy are turning to a select group of negotiators to help broker a deal to increase the nation’s borrowing authority and avoid the economic carnage that would ensue if a deal is not reached soon.
Biden seeks $47B for Ukraine, COVID-19, monkeypox, disasters
President Joe Biden is asking Congress to provide more than $47 billion in emergency dollars that would go toward the war in Ukraine, the response to the COVID-19 pandemic, the ongoing monkeypox outbreak and help for recent natural disasters in Kentucky and other states.
Biden administration forecasts $1.03T deficit, down $400B
The Biden administration is forecasting that this year’s budget deficit will be nearly $400 billion lower than it estimated back in March, due in part to stronger than expected revenues, reduced spending, and an economy that has recovered all of the jobs lost during the multi-year pandemic.
Feds taking first steps toward revising race, ethnic terms
The federal government is taking preliminary steps toward revising racial and ethnic classifications that haven't been changed in a quarter century following calls for better categories for how people identify themselves in federal data gathering.
Biden seeks $10B for aid to Ukraine, $22.5B for coronavirus
The Biden administration is seeking another $10 billion to help protect Ukraine against the Russian invasion and an additional $22.5 billion to cover coronavirus pandemic-related expenses, two major additions to budget talks already underway.