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Under the president's plan, wealthier Americans would be paying more in taxes, while poorer ones would be getting new tax credits. Republicans, on the other hand, prefer a different approach.
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There are no "in your face victories" for Republicans or Democrats in the package. The measure funds the government for the rest of this year and is part of a bipartisan plan to avoid another bitter battle that could shut down the government.
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A recent survey shows that furloughs and hiring freezes conspired to dampen morale. But if federal workers are feeling undervalued, their job security remains high.
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Oklahoma conservation districts are expressing concern over federal fees for basic conservation assistance for farmers and ranchers that are being…
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Democrats and Republicans both have problems with the package, but passage is expected in the House on Thursday. The Senate is likely to do the same next week. Rep. Paul Ryan says the deal brings "some semblance of bipartisanship."
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A leading congressional deficit hawk says a bipartisan budget agreement hammered out on Capitol Hill is mostly a patch-work approach that fails to address…
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The bipartisan plan would head off any more budget battles for two years. But it also doesn't cut spending as much as some Republicans want or restore some of the funding that Democrats favor. Both sides being disappointed may be the key to the plan's success, though.
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More than a month before the Jan. 15 deadline on government spending expires, a bipartisan, bicameral committee is expected to produce a compromise budget.
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Unless Congress raises the debt ceiling soon, the government won't be able to pay its bills. Here's a graph showing some of the big payments coming due.
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With hours left before the country tops its borrowing authority, the Senate-crafted, bipartisan measure moves to the chaotic lower chamber. Party leaders are hoping to pass it with a coalition of votes from Democrats and Republicans. The bill — which makes no major changes to the new health care law — would end the first government shutdown in 17 years and avert a default.