Author: Aris Folley

House GOP rolls out 10-year budget plan amid spending fight 

Republicans on the House Budget Committee on Tuesday rolled out the party’s 10-year budget plan as the conference races to strike a deal on spending little under two weeks out from a looming government shutdown deadline. Republicans say the ambitious measure would balance the federal budget over the next decade, with proposals aimed at cutting…

5 things to watch as Congress veers toward shutdown

Congress has less than two weeks to strike a deal on spending or risk a government shutdown, and House Republicans’ opening offer is already hitting roadblocks. The GOP over the weekend unveiled a 160-plus page proposal to keep the government funded, along with a number of wish-list items to fetch conservative support that would have…

House GOP fights over shutdown plan

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story House conservatives pan GOP deal to prevent shutdown Hardline conservatives are tossing cold water on the party’s newly unveiled plan to avert a shutdown, threatening chances of passage in the lower chamber. © Greg Nash The…

Biden: Automakers should share ‘record’ profits

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Biden calls for record profits to be shared with UAW President Biden called for record-high corporate profits to be shared with workers shortly after the United Auto Workers (UAW) went on a historic strike. © The…

House GOP’s official 10-year budget plan to be considered next week

Republicans on the House Budget Committee are set to consider the party’s long-term blueprint for the nation’s budget next week, the panel’s chair confirmed. Budget Chairman Jodey Arrington (R-Texas) told The Hill the committee is preparing to mark up the budget resolution next Wednesday, describing the proposal as a 10-year budget roadmap aimed at “restoring…

House GOP feuds as shutdown looms

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story ‘We’re dysfunctional’: Frustration builds in House GOP over spending Tensions are running high in the House GOP as the party struggles to unify on spending, fueling fears of a government shutdown on the horizon. © Greg…

Why the poverty rate rose

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Child poverty rate surges as aid dries up The U.S. Census Bureau estimated on Tuesday that poverty rose by more 4.6 percentage points last year while more than doubling among children. © Jose Luis Magana/Associated Press…