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The Latest Breaking News from House Budget Committee

‘We have to be able to walk and chew gum’ on government spending, says budget chairman, addressing both debt crisis and national security demands

“I can tell you there are debt hawks like myself that see a debt crisis on the horizon as an equal if not greater and more irreparable threat. We have to be able to walk and chew gum.”

Fortune

This week: Reconciliation bill back on track, at least for now - Roll Call

House Budget Committee Republicans advanced a sweeping reconciliation bill Sunday night, but for the GOP, the internal debate is far from over.

Roll Call

House Budget Committee To Vote On Sweeping Budget Blueprint

House Budget Committee to vote on budget blueprint for Trump's agenda, setting up potential clash with Senate. House plan expected to be broader and costli...

Top News

Johnson: Budget blueprint not ready for prime time - Roll Call

Tentative plans for a House Budget Committee markup this week may now be postponed as GOP lawmakers search for agreement.

Roll Call

Spratt, longtime top Budget panel Democrat, dies at 82 - Roll Call

Democratic Ex-Rep. John M. Spratt Jr., the former House Budget Committee chairman, died Saturday at the age of 82.

Roll Call

Doyle McManus: Biden's budget was an opening bid. Where's the Republican plan?

President Joe Biden unveiled his $6.8 trillion budget proposal last week, and it drew the customary jaded responses: a work of fiction. A party platform with price tags. And, of course, dead on arrival.

Los Angeles Times

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Texas defense hawks urge Congress away from military funding cuts to raise the debt ceiling

Texas Republicans in the U.S. House are working with their divided party to eke out a path forward on raising the debt limit.

The Texas Tribune

McCarthy, Biden to meet in hopes of avoiding debt limit debacle

WASHINGTON — When Speaker Kevin McCarthy, R-Calif., meets President Joe Biden on Wednesday to discuss the debt limit, there are some structural advantages in favor of emerging from the fight this summer without tanking financial markets that didn’t exist in 2011, a similar moment in U.S. political history.

Tribune News Service

McCarthy, Biden to meet in hopes of avoiding debt limit debacle - Roll Call

Speaker Kevin McCarthy and President Joe Biden could actually have a chance to avoid a fiscal crisis this summer.

Roll Call

Budget panel race is on, regardless of Ways and Means outcome - Roll Call

A competition to decide who will lead Republicans on the House Budget Committee in the next Congress is underway.

Roll Call

Biden reaps record tax haul on meme stocks’ once-and-done frenzy

The surge in individual stock trading by Americans last year contributed to a record tax haul for the federal government this spring — shrinking the budget deficit and surprising Wall Street, but likely leaving President Joe Biden in no stronger shape as he battles for his fiscal agenda in Congress.

Tribune News Service

GOP midterm gains could augur market-rattling debt limit fight

WASHINGTON — House Republicans are girding for battle over raising the nation’s borrowing cap next year if they retake the majority in the November elections.

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