The fiscal 2019 deficit was up 26 percent over the 2018 level. Paul M. Krawzak unpacks what accounts for the rising red ink.
The House passed a continuing resolution last week to extend current funding through Nov. 21, giving Congress an extra eight weeks to get its work done. The Senate is scheduled to vote on a measure later this week. But there’s more in this resolution than just a simple funding extension.
After months of delay, Senate appropriators finally got to work on their spending bills for the new fiscal year, which begins in just two weeks. But it was a slower start than lawmakers had hoped for, and unlike last year’s effort, it was deeply partisan. The Appropriations Committee approved its overall spending limits for each of its 12 bills, but it wasn’t pretty. Where do they go from here? Listen here.
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