#Budget & Taxes

President Trump took an extraordinary and illegal step last night, ordering the impoundment of funds already appropriated by Congress. This move, blatantly unconstitutional, strikes at the core of the separation of powers. Join now to continue reading. Members get exclusive analysis, bonus

I spoke to Julie Mason about the spending bill fight last night on her terrific Sirius XM show. Here are a few more thoughts: Join now to continue reading. Members get exclusive analysis, bonus features and no advertising. Learn more. If you’re already a member, sign in to your account.

Congressional leaders are considering a stopgap funding bill that would extend spending authority until March 1 for part of the government and March 8 for the rest, Punchbowl News reports. The approach would leave intact Speaker Mike Johnson’s “laddered” government funding. The leadership is also

House Republicans have decided to tie the $14 billion military aid package for Israel to “offsets” gained by rolling back funding for IRS efforts to go after tax cheats. Though it’s pitched as a “fiscally responsible” approach for a nation deeply in debt, it’s actually worse than just borrowing

Washington Post: “With days left before the government shuts down, House Speaker Kevin McCarthy (R-CA) has embraced steep reductions to the U.S. safety net in an attempt to appease far-right Republicans’ demands for lower spending.” “If McCarthy can win over conservatives and pass legislation