Republicans, Trump and Congressional Budget Office
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Live updates and the latest news as Trump hosts South Africa's president and the House Rules Committee meets to on the Republicans' budget bill.
As the House Rules Committee reached its 9th hour of debate, Republicans had still not reached a deal or finalized bill text to bring to the floor.
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2hon MSNOpinion
If GOP officials are looking for good news in the Congressional Budget Office's new report on the party's reconciliation package, they won't find any.
Updates and the latest news as Trump addresses House Republicans about the reconciliation bill and RFK Jr. testifies to Congress about DOGE cuts and his vaccine views.
The House Budget Committee plans to return late Sunday to attempt for a second time to move President Trump's domestic policy bill closer to the finish line after conservatives rebelled Friday over concerns the legislation does not contain steep enough spending cuts.
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Former Treasury Secretary Steven Mnuchin said he’s more alarmed by the country’s growing budget deficit than its trade imbalances.
A proposed $1.16 billion budget for the Houston Police Department includes $49 million to cover the first-year costs of officer pay raises along with a significant boost to homeland security in preparation for the 2026 World Cup.
— Patrick Hanley, who’s running for state Senate, has been endorsed by Senate Assistant Majority Leader Laura Murphy and Senate Majority Whip Julie Morrison. Hanley is running for the seat now held by state Sen. Laura Fine, who’s running for Congress.
What looked like a routine budget debate on Beacon Hill may have quietly marked a turning point for Massachusetts, as lawmakers face unprecedented uncertainty from Washington and shifting economic tides at home.
Future money for the program remains uncertain given the city’s $44 million structural budget deficit. Annual funding for the FUEL network has ranged from $250,000 to $500,000, said Councilmember Eric Guerra, who spearheaded the program’s creation in 2017. The program received $500,000 in the last fiscal year, according to the budget.
42mon MSN
The sell-off in bonds accelerated as investors continued to fret over the US deficit, with the 10-year yield rising past 4.5% and the 30-year topping 5%.