Items Tagged with 'Budget'

ARTICLES

  • Democrats call for increased funding for federal housing programs

    Call for forgiveness of national flood insurance programs
    Ranking Member of the House Financial Services Committee Maxine Waters, D-Calif., joined by the support of other Democratic members of Congress, sent several letters to congressional appropriators highlighting the importance of federal housing programs. The letters encouraged an increase in funding for certain housing programs and even debt forgiveness for the National Flood Insurance Program.
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  • Bloomberg: U.S. posts biggest budget deficit since 2012

    Trump's first 12 months in office
    "The data underscore concerns by some economists that Republican tax cuts enacted this year could increase the U.S. government debt load, which has surpassed $20 trillion. The tax changes are expected to reduce federal revenue by more than $1 trillion over the next decade, while a $300 billion spending deal reached by Congress in February could push the deficit higher."
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  • House Democrats submit amendments for HUD budget

    6 pass committee markup, but 14 struck down
    House Democrats are fighting against the proposed budget set forth in finance committee with 14 proposed amendments to various areas of housing and other funding. Of the Democrats' 14 proposed markups to the bill, six of the amendments were adopted by the committee.
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  • New York budget to target homelessness, affordable housing

    Dedicates $2.5 billion in funds
    New York announced its budget late after it surpassed its April 1 deadline. The newly released budget contains many implications for housing, including tuition-free college. A considerable part of the budget is also dedicated toward fighting homelessness and providing affordable housing.
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  • Senate approves budget

    Plan now moves to the president's desk
    Now, the budget is moving on to the presidential office where President Obama is expected to sign it, based on prior indications of support. The signature of the president will ensure another government shutdown is averted.
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