That 1% cut in federal spending in the debt limit law? It’s complicated.
WASHINGTON — The debt limit law Congress approved earlier this year included a much-publicized provision that would cut all federal spending by 1% if Republicans and Democrats fail to reach agreement on the dozen government funding bills before Jan. 1. That sounds pretty threatening. But, the across-the-board automatic spending cut wouldn’t actually have any real-world […]
U.S. House and Senate GOP at odds over massive government spending deal
WASHINGTON — Congress is trying to wrap up its remaining must-pass bills before leaving for the holidays — but a split between Senate Republican and House GOP leaders could hamstring the all-important task of funding government operations and averting a partial shutdown. Senate Republicans are working with Democrats in both chambers to negotiate a major […]