budget talks

Acting White House Chief of Staff Mick Mulvaney, pictured in the Oval Office on May 13, is one of President Trump's closest advisers, but his negotiating tactics aren't widely loved on Capitol Hill.

Politics & Government

Lawmakers Don't Have Many Nice Things To Say About Negotiating With Mick Mulvaney

8:47am July 09, 2019

by Kelsey Snell

Congressional leaders say they want to pass a budget deal that would avoid deep spending cuts for at least a year. But talks have stalled, and many blame the White House's acting chief of staff.

Alan Krueger, chairman of the president's Council of Economic Advisers, warns that consumer spending will drop if Congress and the White House fail to reach a deal on spending cuts and tax increases.

National
Economy
Politics & Government

Looming Spending Cuts Would Hit Hard All Over

6:09pm December 05, 2012

by Jim Zarroli

If Congress fails to reach an agreement on tax increases and spending cuts this year, it will mean sharp reductions in a broad swath of federal spending, from defense and Medicare to education and unemployment benefits. Economists say the cuts would be a serious setback for the economy as a whole.

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