Oversight
Financial Services chairman praises GAO for oversight of rescue plan
Watchdog agency has assembled a team of nearly 20 in-house professionals to help oversee the program.
Oversight
Orszag: Economic mess will change incoming president's agenda
It will be difficult to deal with much beyond the economy in the early stages of the next presidency, budget office chief says.
Oversight
Budget observers predict crunch on spending
Former OMB director says next president should devise a five-year budget strategy to handle financial crisis in the short-term and provide long-term deficit restraint.
Oversight
HUD launches new homeowner program
Applicants must have a mortgage that was originated before Jan. 1, and cannot afford their current loan.
Oversight
Senate leader: Saturday votes on continuing resolution expected
If the Senate approves the measure unchanged, it will go to President Bush for his signature.
News
Leaders looking for combination of continuing resolution and stimulus
To date, Congress has passed none of the 12 annual spending bills.
Defense
House leader outlines emerging disaster relief package
Assistance will help those affected by recent hurricanes, tornadoes and wildfires.
Oversight
Budget office projects record $438 billion deficit
Figure could end up rising if the operations of mortgage giants Fannie Mae and Freddie Mac are included.
Oversight
White House sidesteps question on veto of continuing resolution
Administration urges lawmakers to pass fiscal 2009 appropriations bills instead of relying on a stopgap measure.
Oversight
Appropriators foresee tough times if McCain wins White House
GOP standard-bearer has pledged to veto bills that include wasteful earmarks.
News
State officials push for overhaul of infrastructure
Executives urge more private sector investment to rebuild roads and bridges.
Oversight
CBO projects $400 billion deficit, citing tax rebates
The estimate comes about two weeks after the Office of Management and Budget projected that the fiscal 2008 budget deficit would be $389 billion.
Oversight
White House submits changes to budget request
Recommended increases would be offset with cuts in other parts of the budget.
Defense
House passes military construction-VA spending bill
Veterans Affairs would receive $47.7 billion, which is $4.6 billion above the fiscal 2008 funding level.
Defense
White House issues veto threat on military construction, veterans measure
If Congress cannot find offsets elsewhere for the legislation, the White House said it also would consider a veto of the remaining 11 spending bills.
Oversight
White House: Budget deficit will reach $482 billion
The projected fiscal 2009 deficit is about $70 billion more than the deficit estimated in Bush's budget proposal released in February.
Oversight
Senator holds out hope for finishing spending bills
Appropriations chairman encourages Senate leaders to finish work on the bills, despite a growing consensus that a stopgap measure will be necessary.
Oversight
House spending bill markups at a standstill
Fight started before the July 4 recess, when Republicans attempted to attach the Interior appropriations bill to the Labor-HHS one.
News
Senate leader predicts continuing resolution heading into 2009
Sen. Harry Reid, D-Nev., also said he does not expect Congress to come back for a lame-duck session after the November election.
News
Montana senator takes appropriations route to protect state phrase
Language in the recently-approved Commerce spending bill would continue the restriction on trademarking "Last Best Place" slogan.
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