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Budget Negotiations

All articles tagged with #budget negotiations

NC's $1.7B stadium financing stalls as House balks at public funding
politics14 days ago

NC's $1.7B stadium financing stalls as House balks at public funding

North Carolina Senate leaders push a government-backed framework to finance a $1.7 billion Raleigh MLB stadium, including $500 million in state funds and the rest from local revenue, sports betting taxes, income tax withholdings from performers, and a new sports-and-entertainment district; House Republicans oppose public funding, leaving the plan out of the state budget and complicating Raleigh’s MLB expansion bid as lawmakers haggle over timing and financing.

Germany balks at Cyprus’ 2% EU budget cut, demands a more affordable reform plan
politics29 days ago

Germany balks at Cyprus’ 2% EU budget cut, demands a more affordable reform plan

Germany’s government blasted Cyprus’s proposal to cut the EU’s long-term budget by 2% as unaffordable and unbalanced, insisting on a reform-focused deal that prioritizes defense and competitiveness; Berlin aims to wrap up negotiations this year, warns that without an agreement funds for 2028 could be at risk, and signals openness to new revenue sources while rejecting a corporate levy.

Northern EU states push for bigger cuts to EU budget than Cyprus plan
politics1 month ago

Northern EU states push for bigger cuts to EU budget than Cyprus plan

Wealthier northern EU countries are demanding much larger cuts to the €2 trillion multiannual EU budget for 2028–2034 than Cyprus's 2% proposal, sparking a split with southern/eastern members who back maintaining or increasing spending on agriculture and regional subsidies. With a December budget deal and Ireland taking the presidency, negotiators are racing to find a landing zone ahead of a summit while Cyprus shields farmers’ subsidies and shields funds for competitiveness and regional programs.

politics9 months ago

Tensions Rise as Trump and Democrats Clash Over Shutdown Risks

The Trump administration is preparing for a potential government shutdown by planning mass layoffs of non-essential federal employees, while blaming Democrats for the impasse and expecting Republicans to stand firm in negotiations. Democrats accuse Republicans of bluffing, and both sides are at an impasse over funding and policy demands, with a deadline approaching.

White House Prepares for Federal Layoffs Amid Shutdown Deadlock
politics9 months ago

White House Prepares for Federal Layoffs Amid Shutdown Deadlock

The Office of Management and Budget has instructed federal agencies to prepare for mass layoffs in case of a government shutdown, citing potential funding gaps and ongoing political disagreements between Republicans and Democrats over budget and health care issues. The memo indicates agencies may implement permanent layoffs through reduction-in-force notices if negotiations fail, with the shutdown deadline set for September 30.

Trump Cancels Meeting with Democrats Amid Rising Shutdown Risks
politics9 months ago

Trump Cancels Meeting with Democrats Amid Rising Shutdown Risks

President Trump canceled a meeting with Democratic leaders as prospects for avoiding a government shutdown dim, with disagreements over ACA tax credits and other issues. The House and Senate are also debating funding bills for FY 2026, with efforts to hold formal conferences, while federal employee groups advocate for protections in any continuing resolution.

Senate Advances Key Funding Bills Amid Ongoing Battles
politics11 months ago

Senate Advances Key Funding Bills Amid Ongoing Battles

The Senate has passed its first set of bipartisan spending bills totaling $488 billion, covering military, veterans, agriculture, and legislative programs, but significant disagreements remain over funding levels and priorities, especially with the upcoming September 30 government shutdown deadline and differences between the Senate and House bills.

"Congress Unveils Bipartisan Funding Bills to Avert Shutdown"
politics2 years ago

"Congress Unveils Bipartisan Funding Bills to Avert Shutdown"

Congressional leaders have unveiled a 1,050-page bill to fund parts of the federal government for fiscal year 2024, with Speaker Mike Johnson and Senate Majority Leader Chuck Schumer both claiming victories. The legislation includes cuts to agencies, prevents the Department of Justice from targeting parents at school board meetings, and separates appropriations bills into separate packages. The bill also includes funding for programs such as WIC and infrastructure investments, as well as additional support for U.S. military veterans. However, the battle over government funding is far from over, with Congress having until March 22 to fund the remaining portions of the government.

"US Congressional Leaders Reach Short-Term Deal to Avert Government Shutdown"
politics2 years ago

"US Congressional Leaders Reach Short-Term Deal to Avert Government Shutdown"

Top US lawmakers have reached a tentative bipartisan deal to extend funding bills and avert a partial government shutdown ahead of the Friday deadline. The deal extends four funding bills to March 8 and the rest of the budget to March 22. The House is expected to vote on the stopgap measure as early as Thursday, and the congressional leaders face the challenge of convincing rank and file lawmakers to support the deal. If a deal is not reached, roughly 20% of government departments will temporarily close, including agencies overseeing agriculture, transportation, and veterans affairs.