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A dire outlook for a ballooning deficit is the latest hit to the U.S. economy, according to new Congressional Budget Office report. CQ Roll Call’s David Lerman and Paul Krawzak break down how the COVID-19 pandemic has affected the deficit and look at the bleak future of Social Security and Medicare trust funds.
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President Donald Trump signed a number of executive actions last weekend to provide some COVID-19 aid, including suspending payroll tax collection and adding $300 to $400 in federal unemployment benefits, as negotiators failed to reach agreement on the next relief package. But is it enough? CQ Roll Call’s Jennifer Shutt and Peter Cohn discuss the executive actions and look at what they might mean for negotiations going forward.
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Trump administration officials and congressional leaders seem to be making some progress on the next COVID-19 relief bill following more than a week of talks. But key issues remain, including unemployment insurance, schools reopening, and state and local aid. CQ Roll Call’s David Lerman and Jennifer Shutt break down the recent negotiations, discuss the sticking points and look at where negotiations go from here.
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CQ Roll Call’s David Lerman and Jennifer Shutt discuss the latest COVID-19 relief bill from Senate Republicans, breaking down its provisions, disagreements within the GOP and Democrats' criticisms of the package. They also explain how long it could take for negotiators to reach bipartisan agreement.
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Republican leaders are expected to unveil what they want in the next COVID-19 aid package this week, targeting small-business loans, money for schools and hospitals, liability protection for employers and another round of tax rebate checks. But while Republicans want their bill to be roughly $1 trillion, Democrats want that much alone for state and local governments, highlighting a disconnect between the two parties. CQ Roll Call’s David Lerman and Jennifer Shutt discuss what we can expect as negotiations between Democrats and Republicans begin.
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CQ Roll Call’s David Lerman and Jennifer Shutt discuss some of the key provisions in the fiscal 2021 Labor-HHS-Education spending bill, including money for emergency funding for public health agencies, reductions to charter school funding and a provision blocking federal funding for abortions in most cases.
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House Democrats have unveiled fiscal 2021 spending bills that amount to an assault on the Trump administration agenda. CQ Roll Call's David Lerman and Jennifer Shutt outline the likely partisan clashes looming in the election-year appropriations process and the next round of coronavirus relief.
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An economic recession triggered by the COVID-19 pandemic means a drop in payroll tax revenues that finance the Social Security and Medicare trust funds. CQ Roll Call’s David Lerman and Jennifer Shutt discuss how quickly the funds could be depleted and what Congress might do to save them. They also give a preview of the appropriations process that begins in the House next week.
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Partisan tensions over coronavirus aid and police brutality now threaten to derail the Senate appropriations process, while the House Appropriations Committee prepares for an extremely busy July. David Lerman and Jennifer Shutt discuss what’s changed during the last week and how it’ll impact the appropriations process for months to come.
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The annual appropriations process is starting later than normal this year due to coronavirus-related delays. CQ Roll Call’s David Lerman and Jennifer Shutt discuss what could trip up lawmakers as they begin debate on nearly $1.4 trillion in spending.
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