Budget

Debt Defaults are not Shutdowns, But Both Raise Money Fears

Question number one that companies in the government market want answered is how payments for their work on contracts will, or will not, happen in a debt default situation. No one knows for sure.

The People Behind the Federal Spending Cut Dilemmas

Before slashing federal jobs, lawmakers should think about the mission voters would like the government to perform.

Debt Ceiling Furloughs Are Unconstitutional, Union Will Argue Before Court Next Week

The lawsuit seeks to force the Biden administration to take unilateral action to avoid a default.

A Federal Agency Budget Freeze Seems Likely at a Minimum, as Debt Deal Remains Elusive

The contours of a deal are taking shape even as negotiators say they remain divided with less than 10 days until potential furloughs or missed paychecks for feds.

Biden and McCarthy Strike Positive Tone After Debt Limit Talks, But No Deal Yet

"We don’t have an agreement yet, but I did feel the discussion was productive in areas that we have differences of opinion,” McCarthy said Monday.

A Default on the U.S. Debt Would Be Far Worse Than a Government Shutdown. Here’s How

National security, transportation, Social Security, Medicare and Medicaid would be impacted.

Overhaul Federal Permitting as Part of the Debt Limit Deal? Not as Easy as It Sounds.

Time is running out for a deal on permitting legislation to be included in a debt limit bill.

Talks on a Spending and Debt Deal Come to a Halt

As negotiators look to avoid delaying paychecks for feds, Republicans say they hit pause on negotiations.

There is No Firm Plan Yet for Feds' Pay in a Debt Ceiling Breach

GovExec Senior Correspondent Eric Katz joins the podcast to discuss the ongoing negotiations as a default looms.

Pay Raises and Hiring Are Where Lawmakers Agree in DHS Spending BiIl

Other common ground on the Homeland Security Department's spending levels is harder to come by.

Biden Vows Debt Ceiling Talks Will Continue while He’s Overseas at G7 Summit

Treasury Secretary Yellen repeatedly warned Congress accounting maneuvers will be exhausted within weeks, U.S. could default on its bills as early as June 1.

Fight the Long-Running FEHBP Abortion Ban, Gender Equity Group Urges House Democrats

The Department of Justice Gender Equality Network said the Hyde amendment unfairly makes women’s health care decisions more costly and traumatic, even when covered by exceptions in cases of rape, incest or the health of the mother.

A Debt Ceiling Breach Could Mean the Federal Government Decides Not to 'Pay Any Government Employees This Week'

Economist Patrick Gourley joins the podcast to discuss the potential debt ceiling consequences.

Debt Ceiling Meeting Yields Little Progress, Though Biden and GOP Agree to Spending Talks

The House speaker has given the White House a two-week deadline to come up with a spending plan that would satiate his caucus and allow for a debt limit increase.

Bipartisan Group Projects U.S. Default as Soon as Early June, Citing ‘Quite Low’ Cash Flows

Depending on how long a default lasted, a global recession could be triggered, new analysis finds