China could reap the soft-power advantage, but like Western governments, the country is cutting back on aid. Philanthropies say they cannot replace the United States.
Tag: Federal Budget (US)
Judge Extends Halt on Trump Plan to Dismantle U.S.A.I.D.
For at least another week, a judge will keep a hold on a directive placing more than 2,000 employees on administrative leave and forcing the return of overseas workers.
Congressional Leaders Unveil Short-Term Spending Bill Tied to Disaster Aid
What started out as a simple stopgap measure to avert a shutdown for a few months became a magnet for more than $100 billion in emergency disaster and farm aid, plus a host of unrelated policy measures.
Trump and Democrats Agree: U.S. Needs a National Wealth Fund for Investments
Donald Trump has suggested he wants one, and the White House indicated that it has been quietly working on a proposal to set one up.
An American Sovereign Wealth Fund? Easier Said Than Done.
Creating a U.S. investment fund to compete against those in China and the Middle East could create more problems than it would solve.
Tom Cole, House G.O.P. Spending Chief, Prevails Against Right-Wing Challenger
The veteran Republican faced a right-wing challenger who sought to make his powerful post on the committee that controls federal spending into a political liability.
As Speaker, Johnson Advances What He Once Opposed, Enraging the Right
Now that he is the leader, the Louisiana Republican has found himself bowing to governing realities that are now his problem.
Johnson Floats Short-Term Spending Bill to Avert Partial Shutdown
The Republican speaker, who has come under bipartisan pressure to strike a deal that his far-right members are resisting, is weighing a temporary funding patch that would allow more time for negotiations.
Republican Demands and Divisions Drive Impasse Toward a Shutdown
The spending stalemate that has brought the government to the brink of a shutdown is being fueled by G.O.P. demands to add conservative spending mandates opposed by President Biden and Democrats.
Senate Advances Stopgap Bill to Avert a Partial Shutdown
The lopsided vote reflected broad backing for the measure in the Senate. It faces a more fraught reception in the House, where hard-right Republicans are opposed.