Latest in Government Spending
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House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - Mar. 11 -
Congressional Republicans unveil spending plan to avert government shutdown
Congressional Republicans unveiled their plan for a spending bill to avert a government shutdown as the deadline approaches this Friday. NBC News’ Yamiche Alcindor reports.NBC News - Mar. 9 -
House Republicans unveil spending plan with government shutdown deadline set for Friday
Republicans in the House released a stopgap spending plan over the weekend that would delay a government shutdown for at least six months, but it's unclear if they have the votes to pass the ...CBS News - Mar. 10 -
Burchett calls for government transparency on UAPs, spending: 'We deserve to know'
Rep. Tim Burchett (R-Tenn.) called for the government to reveal what it's spending taxpayer money on relating to Unidentified Aerial Phenomena (UAP) amid growing calls from lawmakers for increased ...The Hill - 6d -
Trump Signs Spending Bill to Fund Government
The bill was passed just hours before a midnight deadline to avoid a lapse in funding, which would have shut down the government.The New York Times - Mar. 15 -
Some Senate Democrats split over spending bill to avert government shutdown
Senate Minority Leader Chuck Schumer said Republicans don't currently have the votes to pass the short-term spending bill. Some Democrats say they are split over whether to support the stopgap ...CBS News - Mar. 12 -
House spending bill facing Senate opposition with government shutdown deadline 2 days away
House Republicans' six-month spending bill will need Democratic support in the Senate to pass into law before Friday's government shutdown deadline. CBS News congressional reporter Taurean Small ...CBS News - Mar. 12 -
Crackdown on government credit cards to cut 'wasteful' spending
Purchases include £2,500 spent at a women's shoe shop in Barbados and £1,200 on luxury coffee pods.BBC News - Mar. 17 -
Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - Mar. 12 -
DOGE Is Putting Major Government Efficiency Projects at Risk
In its apparent quest to cut government spending and improve efficiency, DOGE has fired entire tech teams devoted to those very things.Wired - Mar. 7 -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - Mar. 10 -
3 groups to watch in the final push to fund the government
The government will shut down next Saturday morning unless Congress can rally around a funding measure by the end of the week, setting up the first big legislative spending fight of President ...The Hill - Mar. 8 -
House GOP Passes Spending Bill to Avert Government Shutdown
Approval of the bill sent it to the Senate, where Republicans need the cooperation of several Democrats to move it past a filibuster and to passage before a midnight deadline on Friday.The New York Times - Mar. 11 -
FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - Mar. 13 -
Schumer Says He’ll Vote for GOP Spending Bill to Avert Government Shutdown
Many Democrats had agitated for the party to hang together and block the measure in defiance of President Trump, but the leader said doing so would prompt a shutdown that would only empower Mr. Trump.The New York Times - Mar. 14 -
The big government spending Maga voters cannot live without
In many places where Trump is hugely popular, residents are increasingly reliant on state income transfers. The issue could fracture the Republican partyFinancial Times - 1d -
The big government spending Maga voters cannot live without
In many places where Trump is hugely popular, residents are increasingly reliant on state income transfers. The issue could fracture the Republican partyFinancial Times - 1d -
The big government spending Maga voters cannot live without
In many places where Trump is hugely popular, residents are increasingly reliant on state income transfers. The issue could fracture the Republican partyFinancial Times - 1d -
GOP's Burchett berates CNN anchor over spending cuts coverage
Rep. Tim Burchett (R-Tenn.) on Tuesday attacked CNN’s coverage of the Department of Government Efficiency’s (DOGE) spending cuts and accused the network of trying to rally its viewers against ...The Hill - Mar. 11 -
House GOP narrowly passes spending bill, now heads to Senate
House Republicans on Tuesday narrowly passed a spending bill just days before the deadline of a government shutdown. The bill now goes to the Senate where it will need support from Democrats in ...NBC News - Mar. 12 -
Spending Bill Omits Billions for Local Projects as Congress Cedes Power to Trump
The stopgap measure the G.O.P. is pushing to avert a government shutdown omits billions of dollars in member-requested projects, another way in which Congress has ceded its power on federal spending.The New York Times - Mar. 14 -
Trump signs spending bill that united Republicans but divided Democrats
President Trump signed Congress' bill to keep the government open on Saturday. The vote for the six-month spending bill united Republicans but left Democrats bitterly divided. Willie James Inman ...CBS News - Mar. 15 -
House set to vote on stopgap spending bill with government shutdown deadline days away
The House is set to vote on a continuing resolution that would avert a shutdown and keep the government funded through September. CBS News congressional reporter Taurean Small has more.CBS News - Mar. 11 -
Boosted defence spending will come at cost of manifesto pledges
Government should level with public about which promises it cannot afford to keepFinancial Times - Mar. 10 -
How DOGE is already changing the spending process in Congress
The Department of Government Efficiency (DOGE) has done significant work in exposing wasteful government programs, but this has created a difficult situation for the Trump administration as they ...The Hill - Mar. 12 -
House Democrats bash Senate colleagues for backing GOP spending bill: ‘Huge slap in the face’
House Democrats are furious at their fellow Democrats in the Senate for supporting a Republican spending bill, saying Minority Leader Charles Schumer (D-N.Y.) and other aisle-hopping senators are ...The Hill - Mar. 14 -
Senate Democrats insist on voting on 30-day government funding bill
Senate Democrats say they will not vote for the House-passed six-month government funding package, which would boost defense spending and cut nondefense programs, unless they first get a vote on a ...The Hill - Mar. 12 -
What to know about the looming government shutdown as funding deadline nears
Congress has until Friday night to approve a spending bill to avoid a government shutdown, but Senate Minority Leader Chuck Schumer says Republicans in the Senate don't have the votes to pass the ...CBS News - Mar. 13 -
Tensions grow over UK government plan to cut welfare payments
Work and pensions secretary Liz Kendall prepares to slash spending on health-related benefitsFinancial Times - Mar. 17 -
Government debt interest costs hit highest level since 2007
Payments surpass defence spending and have risen to 3.3% of GDP for richest countries, says OECDFinancial Times - Mar. 20 -
DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.
Why government — not business — will see that AI startups get the money they need.MarketWatch - Mar. 15 -
Congressional Black Caucus members condemn spending bill as ‘blank check’ for Trump, Musk
Members of the Congressional Black Caucus have condemned the House-passed spending bill and vowed to vote against it when it comes up in the Senate, even as other Democrats say they’ll support ...The Hill - Mar. 14 -
Jobless claims little changed, while impact from government spending cuts expected later this spring
Initial jobless claims fell by 2,000 to 220,000 in the week that ended on March 8, the Labor Department said Thursday.MarketWatch - Mar. 13 -
House spending bill to avert shutdown faces hurdles in Senate
House Speaker Mike Johnson was able to squeeze a short-term government funding bill through a vote by a slimmest of margins. Attention now turns to the senators across the hall with a government ...CBS News - Mar. 11 -
The U.S. dollar is still the world’s currency — but maybe not for much longer
Concerns are rising about the sustainability of U.S. government debt and spending.MarketWatch - Mar. 8 -
The Trump team administering economic shock therapy
Also in today’s newsletter, government spending hit a record high last monthFinancial Times - Mar. 13 -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - Mar. 13 -
What to know after Schumer says he'll vote for GOP bill to avert government shutdown
Just a day after saying Republicans didn't have the votes to pass their continuing resolution, Senate Minority Leader Chuck Schumer says he'll vote to keep the government open. Congress has until ...CBS News - Mar. 14 -
Accenture warns Musk’s Doge-led spending crackdown is hitting revenues
Consulting group says US government purchases have slowed and global economic uncertainty has risenFinancial Times - Mar. 20 -
Rising debt and spending demands: the squeeze on Britain’s finances — in charts
UK gross government debt rose from 85.7% of GDP in 2019 to 101.8% in 2024Financial Times - 2d