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Sen. John McCain: Full-Year CR More Likely If Trump’s Budget Deal Lacks Enough Domestic Spending

Senate Armed Services Committee Chairman John McCain (R-Arizona) has said Congress might resort to a full-year continuing resolution if President Donald Trump fails to make a budget deal that contains enough funds for domestic spending, Defense News reported Sunday. “It’s a real possibility unless we get the president’s understanding that …

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CBO’s Keith Hall: Growth in Healthcare, Retirement Spending to Drive Up Budget Deficit From 2017 to 2027

Keith Hall, director of the Congressional Budget Office, has said CBO predicts the U.S. budget deficit to grow over the next 10 years if current laws remain unchanged. Hall said in a statement published Tuesday that increasing interest payments on government’s debt, rise in healthcare program and retirement spending and growth in …

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