debt limit

FILE - In this photo March 22, 2013 file photo, the exterior of the Internal Revenue Service (IRS) building in Washington. Lawmakers are increasingly looking at boosting the IRS to help pay for infrastructure improvements. (AP Photo/Susan Walsh, File)

IRS faces $20B cut from modernization fund under debt ceiling agreement

The IRS is facing substantial cuts to funds meant to rebuild its workforce and modernize its legacy IT systems over the next decade, as part of a deal…

Congress

Tomorrow’s vote has a lot of nerves on edge on Capitol Hill

Congress

How Congress plans to fill in the budget framework for 2022 appropriations

Congress

FILE - In this March 4, 2021, a bird flies near the U.S. Capitol dome at sunrise in Washington. The Republican fundraising committee dedicated to flipping the House in the 2022 midterm elections says it raised more than $105 million this year through September 2021. The record haul marks a 74% increase over last cycle and includes $25.8 million raised in the third quarter of the year. (AP Photo/Carolyn Kaster, File)

Checking in on the year-end checklist, and it’s not pretty

Federal Report

Biden signs bill to avert partial government shutdown

Government Shutdown

(AP Photo/Jose Luis Magana)

The U.S. Capitol is seen in Washington, Tuesday, July 20, 2021. To enact President Joe Biden’s expansive domestic agenda this year, Democrats have mapped out a convoluted legislative maze. The party wants to push the new president's multitrillion-dollar plans for supercharging federal infrastructure, climate change and social programs through a Congress in which they have only paper-thin majorities. GOP opposition is certain to be solid. (AP Photo/Jose Luis Magana)

September is looking downright nutty

Federal Report

The writers of this century-old law might not recognize how it is actually followed

Budget

Filling the Federal Reserve Board

Budget

Mueller testimony and debt limits: Congress’ agenda this week

Federal Drive

Mnuchin urges Congress to quickly pass new debt limit

Agency Oversight

FILE - In this Wednesday, Oct. 16, 2013, file photo, the U.S. Treasury Building stands in Washington. On Tuesday, Feb. 16, 2016, the Treasury Department reports on foreign holdings of U.S. debt for December 2015. (AP Photo/J. David Ake, File)

Treasury eyes TSP’s G fund as stopgap way to avoid debt ceiling

TSP

Debt limit to arrive 2 days early, Treasury secretary warns Congress

The federal government will reach its borrowing cap on Nov. 3, two days earlier than the Treasury Department first anticipated, according to Treasury Secretary…

Budget

House GOP offers shutdown-debt plan, but no agreement yet

House Republicans are offering to pass legislation to avert a default and end the 11-day partial government shutdown as part of a framework that would…

Budget

Furloughs, debt ceiling and lobbying

Budget

On this week’s Capital Impact show, Bloomberg Government analysts discuss how the debt limit and furloughs are affecting the economy, and how a case being reviewed by the Supreme Court, could impact future elections.
October 10, 2013