Federal Budget - FY 2014
Updated: February 15, 2014
- In the News: G.O.P. Senate Leaders Avert Debt Ceiling Crisis - After heated debate, the House and Senate finally passed legislation to lift the debt ceiling, meaning the federal government will not default on its obligations. President Obama is expected to sign the legislation, which will lift the debt ceiling until March 2015.
- In the News: Senate approves $1.1 trillion spending bill - Congress gave final approval Thursday to a $1.1 trillion spending bill that eases the sharp budget cuts known at the sequester and guarantees that the nation will not endure another government shutdown until at least Oct. 1.
- In the News: Lawmakers unveil massive $1.1 trillion spending bill in bipartisan compromise - Congressional negotiators unveiled a $1.1 trillion funding bill late Monday that would ease sharp spending cuts known as the sequester while providing fresh cash for new priorities, including President Obama’s push to expand early-childhood education.
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