#stopgap-funding

#stopgap-funding

The tax provides more than $23 billion per year in revenue for federal highway and public transit programs. The federal gas tax has been in place, in one way or another, since 1919 and was last raised in 1993.

Powell stated, 'I would call that a soft landing,' referring to the economic conditions where growth was at 2.5 percent and inflation just above 2 percent.

The insights from this report help us think about potential gaps in the loss mitigation waterfall and the types of homeowners who may benefit from targeted support when they experience a crisis.

The White House is seeking a 10 percent cut to nondefense spending, proposing a reduction of $73 billion from federal programs outside the military, targeting environmental initiatives.

The interchamber tensions between Democrats are becoming a regular feature of funding fights in the second Trump term. Lawmakers, strategists and voters alike exploded in anger last March when Senate Minority Leader Chuck Schumer and a handful of colleagues allowed a spending package to move forward amid the Elon Musk-led DOGE assault on federal agencies. In November, tempers again flared when a handful of Senate Democrats joined with Republicans to end a record 43-day shutdown.