federal budget

Congressional leaders on Capitol Hill successfully brokered a deal Wednesday to fund the government, averting potential shutdowns by setting new deadlines for a series of crucial spending bills. This agreement encompasses six annual appropriations bills and introduces a temporary measure...

The Past Week, In A Nutshell What Happened: “It’s certainly been a wild ride for stocks in 2020,” noted researchers at LPL Financial. “Barely past the halfway point, the year has already brought the worst pandemic to hit the U.S. in over 100 years, an unprecedented...

  A competitive grant program providing federal money for large, freight-specific projects would receive $2 billion under President Trump's 2020 budget proposal, which was released on March 11. That amount would double the $1 billion allocated for 2020 to the program, known as...

The pharmaceutical industry is lobbying to reverse part of the recent Congressional spending bill that shifted a $10-billion consumer aid burden from the federal government to manufacturers. The Bipartisan Budget Act of 2018 accelerated the closure of the Medicare Part D coverage gap from 2020 to...

A little over two years ago, the very existence of Corecivic Inc (NYSE: CXW) and The GEO Group Inc (NYSE: GEO) appeared at risk. Now, under the friendlier Trump administration, the private prison operators are forecasted not only to survive but to thrive, according to Height Securities. ...

The bipartisan budget bill aimed at averting a government shutdown not only ignores key parts of President Donald Trump’s plan to slash immigration, it also potentially doubles the number of migrant workers allowed in the country under a certain type of seasonal visa. "If Trump signs the...

A two-year budget deal between the heads of the House and Senate Budget Committees revises pensions for both military and civilian government employees. The House approved the measure on Thursday, and the Senate is expected to do the same in the next several days. It's significant that members...