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State lawmakers are set to debate the annual budget, which funds everything from roads and schools, to health care and parks. In 2016, Colorado has a…
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Colorado's four month legislative session is halfway over. As is normally the case, the only things lawmakers are required to do is pass a budget. Now…
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The Democratic-led Senate is expected on Monday afternoon to reject the latest plan from the Republican-led House. With a midnight ET deadline looming, it's looking as if a partial government shutdown can't be avoided.
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Some GOP lawmakers want to block all money for Obamacare in a stopgap spending bill that must be approved next month to prevent the government from shutting down on Oct. 1. But other Republicans say that won't work and may well backfire.
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The $100 billion worth of automatic cuts would affect everything from the military to education.
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The trash-talking continues when it comes to who's responsible for the nation's soaring budget deficits.
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The Bush-era tax cuts expire at the end of the year, along with the payroll tax break; the nation's borrowing authority bumps against its limit; and huge mandatory spending cuts — half targeting defense — are set to kick in. All this could trigger another recession, but Congress is unlikely to do much about it until after November's election.
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The president today is renewing his push against "trickle-down economics," which he says has failed the nation.
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The budget, likely to die in the Senate, was crafted by Rep. Paul Ryan and also includes an overhaul of the tax system.
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Critics are already taking shots at the latest plan from House Republicans.