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One of the architects of that plan for a Trump second term said as much in a video last year for the Heritage Foundation. Reissuing Schedule F is part of a roadmap, known as Project 2025, drafted for a second Trump term by scores of conservative groups and published by the Heritage Foundation. The new rules would not fully block reclassifying workers in a second Trump term. Greene said she worries for federal workers who might face the same choice in a second Trump term. The project includes a personnel database for potential hires in a second Trump administration.

Persons: Donald Trump, it’s, —, Trump, Joe Biden, Donald Moynihan, Georgetown University's, ” Donald Moynihan, ” Moynihan, “ It’s, ”, Russell Vought, “, you’re, Doreen Greenwald, Moynihan, Kenneth Baer, Barack Obama, ” Kenneth Baer, Peter Orszag, Pete Souza, Robert Shea, Eva Shea, George W, Bush, Laura Bush, Tina Hager, ” Biden, Baer, George Frey, ” Trump, Max Stier, Verna Daniels, ” Daniels, Catherine Greene, ” Greene, Tom Bewick, NIFA, ” Bewick, we’ll, Greene, Biden, “ We’ve, He’s, Hillary Clinton, he’d, James Comey, Bill Barr, Barr, Jeffrey Clark, Clark, Mark Meadows, Stephen Miller, Peter Navarro, he’ll Organizations: CNN, United, Republican, Democratic, Trump, ”, Georgetown, Georgetown University's McCourt School, Public, Georgetown University, Heritage Foundation, Management, Budget, of Justice, FBI, Environmental Protection Agency, Vought, National Treasury Employees Union, OMB, White, Personnel Management, Land Management, Department of Agriculture, Kansas City, Partnership for Public Service, Government, Office, GAO, Economic Research Service, National Institute of Food, Agriculture, USDA, National Institute for Food, NIFA, Applied Economics Association, BLM, Getty, Department of Justice, Justice Department, Univision, Justice, Department, U.S . Justice, Center, Washington Post, National Security and Intelligence, of Homeland Security, of Education and Commerce, Federal Communications Commission, Federal Trade Commission Locations: United States, Washington, Georgetown, , Colorado, DC, Kansas, Colorado, Virginia, America, Grand Junction, Washington ,, New York City, New York, Georgia

☆ The hot new government job is AI specialist
▼ + stars: | 2024-03-29 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

The Biden Administration is beefing up AI staff across the government. All federal agencies are now required to hire a chief AI specialist, Kamala Harris announced. Consider becoming an AI specialist. The Biden administration announced on Thursday that it will be beefing up AI staff across all federal agencies, aiming to hire 100 AI professionals by the summer. And, all federal agencies must hire a chief AI specialist to oversee the ethical and transparent use of AI, the White House's Office of Management and Budget (OMB) said in its announcement.

Persons: Kamala Harris, —, Biden Organizations: Biden, Service, Management, Budget, Business

☆ VP Harris announces new requirements for how federal agencies use AI technology
▼ + stars: | 2024-03-28 | by ( Brian Fung | Sam Fossum | ) edition.cnn.com time to read: +5 min

On Thursday, Vice President Kamala Harris announced a set of new, binding requirements for US agencies intended to prevent AI from being used in discriminatory ways. Under the requirements taking effect on Dec. 1, agencies using AI tools will have to verify they do not endanger the rights and safety of the American people. The new policy from the Office of Management and Budget (OMB) also directs federal agencies to designate a chief AI officer to oversee how each agency uses the technology. She said the Biden administration intends for the policies to serve as a global model. Still, the new OMB policy marks the latest step by the Biden administration to shape the AI industry.

Persons: That’s, Biden, Kamala Harris, ” Harris, Shalanda Young, “, ” Young, ” Organizations: Washington CNN, Transportation, Administration, Management, Budget, “, Department of Homeland Security, Commerce Department, White House, Government, Office, OMB Locations: European Union, United States

☆ US government is changing how it asks about race and ethnicity and adding new category
▼ + stars: | 2024-03-28 | by ( Nicole Chavez | ) edition.cnn.com time to read: +4 min

CNN —The Office of Management and Budget on Thursday announced changes to how the federal government asks about people’s race and ethnicity, including in the US census. Under the previous standards, Hispanic or Latino ethnicity was measured in a question separate from the one on racial identity. “Thanks to the hard work of staff across dozens of federal agencies and input from thousands of members of the public, these updated standards will help create more useful, accurate, and up to date federal data on race and ethnicity. “The U.S. Census Bureau commends the scientific integrity and collaboration with our fellow federal statistical agencies and departments throughout this process. These efforts aim to improve federal race and ethnicity statistics and ensure data more accurately reflect the racial and ethnic diversity of the U.S. population,” the agency said.

Persons: ” Karin Orvis, “ We’ve, Maya Berry, Arturo Vargas, ” Vargas, Judy Chu, CAPAC, ” Chu, CNN’s Jennifer Agiesta Organizations: CNN, Management, Budget, OMB, Census Bureau, Arab American Institute, Black, AAI, National Association of Latino, Fund, Congressional Asian Pacific American Caucus, Pacific, Democratic Locations: Indian, Alaska, Eastern, America, “, California

☆ Lazard CEO: Fed is now motivated to keep rates higher for longer
▼ + stars: | 2024-02-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLazard CEO: Fed is now motivated to keep rates higher for longerPeter Orszag, Lazard CEO and former OMB director under President Obama, joins 'Money Movers' to discuss if the latest CPI print changes what the Federal Reserve does this year, whether looser financial conditions are making it harder to get inflation back to target, and more.

Persons: Peter Orszag, Obama Organizations: Lazard, Federal

☆ House rejects Israel aid bill amid fight over bipartisan border package
▼ + stars: | 2024-02-06 | by ( Summer Concepcion | Megan Lebowitz | ) www.cnbc.com time to read: +6 min

The House failed to pass a standalone bill to provide aid to Israel amid congressional infighting over a bipartisan Senate border bill that also included foreign aid to Israel, Ukraine and Taiwan. The Senate released the text of the bipartisan border bill Sunday, which combines Israel and Ukraine with a package of stricter border security and asylum laws. The standalone Israel bill includes $17.6 billion in military aid to the country "as well as important funding for U.S. The Israel aid bill comes as Republican hard-liners try to thwart the $118 billion bipartisan Senate border bill. House Democratic leadership came out against the stand-alone Israel bill Tuesday morning.

Persons: Mike Johnson, Amir Ohana, Jim Himes, Donald Trump, Ken Calvert, Johnson, Kay Granger, Joe Biden, Biden, — Johnson, Steve Scalise, Tom Emmer, Elise Stefanik, ", Hakeem Jeffries, Katherine Clark of, Pete Aguilar, MAGA, Israel Organizations: U.S, Capitol, Minnesota Democrat, Democratic, House Intelligence, Intelligence, Republicans, Saturday, Senate, U.S . Forces, Israel, United States, Management, Republican, GOP, House Republicans, Freedom Caucus, Caucus Locations: Washington , U.S, Jim Himes of Connecticut, Israel, Ukraine, Taiwan, R, Texas, United, Johnson's speakership, Louisiana, Minnesota, New York, United States, Katherine Clark of Massachusetts, Pete Aguilar of California, East

☆ We're looking at 'slow at best' growth in 2024, says former OMB Director Douglas Holtz-Eakin
▼ + stars: | 2023-11-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're looking at 'slow at best' growth in 2024, says former OMB Director Douglas Holtz-EakinBharat Ramamurti, former White House National Economic Council deputy director, and Douglas Holtz-Eakin, American Action Forum president and former Office of Management and Budget director, join 'Squawk Box' to discuss October's PCE inflation data, the state of the U.S. economy, and more.

Persons: Douglas Holtz, Bharat Ramamurti Organizations: White, National Economic Council, Action, of Management Locations: U.S

☆ Republicans are dealing a 'devastating blow' to student-loan borrowers through a funding proposal that could 'severely' strain customer service support, Biden's administration says
▼ + stars: | 2023-11-14 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

House Republicans proposed a spending bill that would cut funding for student aid administration. If passed, the legislation would further strain customer service as borrowers navigate repayment. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPresident Joe Biden's administration made clear Biden would not sign Republicans' funding proposals for education and labor in the upcoming fiscal year. AdvertisementThe House is voting on the GOP amendments on Tuesday, prior to a vote on Johnson's government funding bill which would keep the Education Department funded through February 2.

Persons: Biden, —, Joe Biden's, hasn't, Mike Johnson's, Marjorie Taylor Greene, Mary Miller, Andy Biggs Organizations: Republicans, Management, Budget, Service, of Labor, Health, Human Services, Education, OMB, Congress, GOP, Education Department, Reps Locations: America

☆ The GOP plan to avoid a government shutdown in 5 days could actually help student-loan companies struggling to manage repayment
▼ + stars: | 2023-11-13 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

It includes flexibility for the Education Department to reallocate money to student-loan companies. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementRepublican lawmakers' latest plan to keep the government funded includes some flexibility for the Education Department as it manages a challenging return to repayment. The Education Department referred Insider to the Office of Management and Budget for a comment on the proposal.

Persons: —, Mike Johnson, Johnson, Chip Roy, Pelosi, Sen, Chris Murphy Organizations: Republicans, Education Department, Service, Department, Management, OMB, Conservative, Senate, NBC

☆ Republicans' plan to fund Israel by cutting IRS spending would cost taxpayers billions and add to the national deficit
▼ + stars: | 2023-11-01 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Republicans proposed giving Israel $14 billion, attached to $14 billion in IRS funding cuts. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementRepublicans want to give Israel $14.3 billion — but only if they can cut the same amount from the IRS. It's insulting that the hard right is openly trying to exploit the crisis in Israel to try and reward the ultra-rich." "Bifurcating Israel security assistance from the other priorities in the national security supplemental will have global consequences."

Persons: —, Mike Johnson's, Joe Biden, Johnson, Ashley Schapitl, Daniel Werfel, Kevin McCarthy, Schapitl, Chuck Schumer Organizations: Israel, Office, Senate Democrats, White, Service, IRS, Palestinian, Hamas, Democrats, Internal Revenue, Republicans, Washington Post, GOP, Senate, White House, Management, OMB Locations: Israel

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsOct 11 (Reuters) - A U.S. rule that restricts shipments of certain advanced chips to China has been revised and is under final review, according to a government posting, suggesting that further curbs on chips that can be used for artificial intelligence are coming soon. Reuters exclusively reported last week that U.S. officials had warned China to expect rules restricting shipments of semiconductor equipment and advanced AI chips to China to be updated this month. The rule restricting exports of chipmaking equipment was posted for review last week, Reuters reported on Oct. 5. The regulation on controls on high-end chips, advanced computing integrated circuits (ICs), and supercomputing was received for review on Oct. 10, according to the Office of Management and Budget website.

Persons: Florence Lo, Karen Freifeld, Alexandra Alper, Josie Kao Organizations: REUTERS, Reuters, U.S . Department of Commerce, supercomputing, Management, Export, OMB, of State , Defense, Commerce, Energy, Thomson Locations: China, U.S

The White House has been working urgently in the past 24 hours to get a Senate confirmation process in motion for President Joe Biden's nominee to be U.S. ambassador to Israel, according to two White House officials. But the White House officials said they hope lawmakers in both parties will agree with the president on the need to quickly confirm Lew amid the war between Israel and Hamas. "Everyone understands the importance behind it," one White House official said. Tom Nides, Biden's former ambassador to Israel, told NBC News in an interview that the Senate needs to confirm his successor "immediately" upon return. One official said Lew is "eager" to get to work, and the White House hopes he is confirmed with bipartisan support.

Persons: Jack Lew, Joe Biden's, Obama, Biden, Lew, Tom Nides, Nides, Sen, Chris Murphy, Israel, Chris Coons, Coons, hasn't, Ted Cruz, Bill Clinton Organizations: International Monetary Fund, World Bank Group, IMF, White, Foreign Relations, White House, West Bank, Palestinian Health Ministry, NBC News, Connecticut, U.S, State, Counterterrorism, U.S . Agency for International Development, USAID, Republicans, Senate, Washington, Management, Israel, Organization, Economic Locations: Europe, Washington , DC, Israel, Gaza, U.S, Oman, Kuwait, Egypt, Ted Cruz of Texas

☆ US curbs on chip tools to China nearly finalized, government posting shows
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

[1/2] Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Reuters exclusively reported on Monday that U.S. officials had warned China in recent weeks to expect rules restricting shipments of semiconductor equipment and advanced AI chips to China to be updated this month. The updates would add restrictions and close loopholes in rules first unveiled on Oct. 7, 2022, sources say. A person familiar with the matter, who requested anonymity, confirmed the posting refers to the expected restriction on sending chipmaking tools to China. An anticipated companion rule updating restrictions on exports of high-end chips used for artificial intelligence has yet to be posted by the government.

Persons: Florence Lo, Biden, Karen Freifeld, Alexandra Alper, Anna Driver Organizations: REUTERS, Reuters, Washington, Export, Semiconductor Manufacturing, Management, Budget, OMB, of State , Defense, Commerce, Energy, U.S . Department of Commerce, Thomson Locations: of China, U.S, China, Beijing

☆ Investors roll more than $600 billion a year to IRAs. Anticipated Labor Department rules could raise their protections
▼ + stars: | 2023-10-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

This is what the Labor Department will likely tweak, attorneys said. Now, the Labor Department is trying again, though its rule likely won't be as far-reaching, experts said. The OMB has 90 days to review the rule, Borzi said, after which the Labor Department would issue its proposal publicly. watch nowBased on recent legal clues, attorneys expect the Labor Department will seek to raise the bar on all rollover advice provided by the financial ecosystem. That generally means investment advice must be given solely in investors' best interests.

Persons: IRAs IRAs, Phyllis Borzi, Obama, Reish, —, Borzi, Andrew Oringer, Sen, Bill Cassidy, Virginia Foxx, There's, They're, Fred Reish, Drinker Biddle Organizations: U.S . Department of Labor, Washington , D.C, Washington Post, The Washington Post, Getty, Investment Company Institute, ICI, Labor, Pew Research Center, Labor Department, Management, Budget, OMB, Wagner Law, Critics, Rep Locations: Washington ,, IRAs

☆ Watch CNBC's full interview with Lazard CEO Peter Orszag
▼ + stars: | 2023-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Lazard CEO Peter OrszagPeter Orszag, Lazard CEO and former OMB director under President Obama, joins 'Squawk Box' to discuss his new role leading Lazard, the state of the government and U.S. economy, the Fed's inflation fight, and more.

Persons: Peter Orszag Peter Orszag, Obama, Lazard Organizations: Lazard Locations: U.S

☆ Lazard CEO Peter Orszag: Bigger headwind has been uncertainty over rate path as opposed to level
▼ + stars: | 2023-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLazard CEO Peter Orszag: Bigger headwind has been uncertainty over rate path as opposed to levelPeter Orszag, Lazard CEO and former OMB director under President Obama, joins 'Squawk Box' to discuss his new role leading Lazard, the state of the government and U.S. economy, the Fed's inflation fight, and more.

Persons: Peter Orszag, Obama, Lazard Organizations: Lazard Locations: U.S

☆ We are beginning to enter a so-called 'debt doom loop', says Cato Institute's Romina Boccia
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are beginning to enter a so-called 'debt doom loop', says Cato Institute's Romina BocciaRomina Boccia, Cato Institute director of budget and entitlement policy, and Michael Linden, Washington Center For Equitable Growth senior policy fellow and former OMB executive associate director in the Biden administration, join 'Squawk Box' to discuss the latest negotiations on Congress, the impact of a potential shutdown on the markets and economy, and more.

Persons: Cato Institute's, Boccia, Michael Linden, Biden Organizations: Cato Institute, Washington Center, Equitable Growth

WASHINGTON (AP) — The White House is preparing Friday to direct federal agencies to get ready for a shutdown after House Republicans left town for the weekend with no viable plan to keep the government funded and avert politically and economically costly disruption of federal services. “We got members working, and hopefully we’ll be able to move forward on Tuesday to pass these bills,” McCarthy, R-Calif., told reporters at the Capitol. McCarthy signaled his preference for avoiding a closure, but a hard-right flank of his House majority has effectively seized control. Trump has urged the House Republicans on, pushing them to hold the line against federal spending. The U.S. Travel Industry Association estimates that the travel sector could lose $140 million daily in a shutdown.

Persons: Kevin McCarthy, ” McCarthy, McCarthy, “, ”, Joe Biden, ” Biden, Donald Trump —, Biden, —, Trump, Matt Gaetz, ” Gaetz, Gaetz, legislating, Brian Gardner Organizations: WASHINGTON, House Republicans, Capitol, Biden, Management, OMB, Republicans, Republican, Trump, GOP, Defense, Homeland Security, Foreign Operations, Agricultural, Congressional, Military, Federal Emergency Management Agency, Women, U.S . Travel Industry Association Locations: U.S, Maryland, Washington

☆ Student-loan payments are resuming the same day the government could shut down. Here's what that means for borrowers.
▼ + stars: | 2023-09-18 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

A shutdown would coincide with the first day federal student-loan payments are set to resume. If not, Americans will face a government shutdown on October 1, which also happens to be the same day federal student-loan payments resume. All that could be much worse if the Education Department shuts down at the same time payments are supposed to start up. AdvertisementAdvertisementAfter over three years on pause, federal borrowers will start footing an extra monthly bill as early as October 1. AdvertisementAdvertisementThe Education Department has said it remains in frequent contact with servicers to ensure a smooth transition back into repayment.

Persons: —, servicers Organizations: Education Department, Service, Sunday, Republicans, Management, Federal Student, Education, Department Locations: Wall, Silicon

☆ Americans are less than 2 weeks away from a federal government shutdown, and Congress still can't agree on the best way to avoid it
▼ + stars: | 2023-09-18 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

A federal government shutdown could happen in 13 days. But the Senate, and some House lawmakers, aren't onboard. The last government shutdown lasted for 35 days — the longest in US history — between December 22, 2018, and January 25, 2019. Still, the government is 13 days away from shutting down and it's unlikely the Senate will approve this resolution. AdvertisementAdvertisement"It's crystal clear a Gov't shutdown is coming," GOP Rep. Tony Gonzales wrote on X, formerly Twitter, on Sunday.

Persons: Goldman Sachs, Kevin McCarthy, Tony Gonzales, Biden, holdouts, Joe Biden —, GOP Sen, Mike Braun Organizations: Conservative, Service, Caucus, Main Street Caucus, Republicans, GOP, Management, SNAP, Social Security, OMB, Senate, Politico Locations: Wall, Silicon, Texas, Mexico

☆ Congress is gearing up for a budget showdown. From funding for student-loan repayment to Social Security benefits, here's what's at stake.
▼ + stars: | 2023-09-05 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

Already, President Joe Biden has asked for short-term funding to help keep key programs running and head off a potential federal closure. Well, the federal budget year closes out on September 30. AdvertisementAdvertisementRepublicans already have conditionsHouse Speaker Kevin McCarthy has reportedly told his party members that he believes it'll be necessary to pass some sort of short-term funding measure, according to MSNBC. Senate Majority Leader Chuck Schumer similarly told MSNBC that he has met with McCarthy and the duo agreed to try and move forward with short-term funding. While the benefits would still flow, Americans relying on those programs would likely see processing delays and limited customer service.

Persons: Joe Biden, Kevin McCarthy, it'll, Chuck Schumer, McCarthy, GOPers, Donald Trump, Trump Organizations: Service, MSNBC, Republican, Justice Department, FBI, Social Security, SNAP, Management, Department of Agriculture, Assistance, Child Nutrition, Women, Children, Congressional Locations: Wall, Silicon, pare, Ukraine, Washington

☆ Biden boosts spending request to help pay for disasters
▼ + stars: | 2023-09-01 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +2 min

REUTERS/Jonathan Ernst Acquire Licensing RightsSept 1 (Reuters) - The Biden administration on Friday added $4 billion to a supplemental funding request to Congress to help pay for relief efforts following a string of disasters that have ravaged large swathes of the U.S. in recent weeks. U.S. President Joe Biden asked Congress in early August to approve about $40 billion in additional spending, including $24 billion for Ukraine and other international needs and $12 billion for the Federal Emergency Management Agency's disaster relief fund. The White House Office of Management and Budget (OMB) now needs $16 billion for the Disaster Relief Fund (DRF), an OMB spokesperson said, citing disasters in Hawaii, Louisiana and Florida. If no action is taken before the next fiscal year begins on Oct. 1, a range of government functions would shut down. Reporting by Jarrett Renshaw in Philadelphia; Editing by Don Durfee and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Hurricane, Jonathan Ernst, Biden, Jarrett Renshaw, Don Durfee, Christopher Cushing Organizations: Federal Emergency Management Agency, FEMA, REUTERS, Federal Emergency Management, White, Office of Management, Budget, Disaster Relief Fund, Thomson Locations: Florida, Washington , U.S, Ukraine, Hawaii , Louisiana, Philadelphia

☆ The White House blasts Marjorie Taylor Greene for risking Americans' 'high stakes needs' by saying she'll only vote to fund the government if Congress moves forward on impeaching Biden
▼ + stars: | 2023-09-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

Rep. Marjorie Taylor Greene said she will not fund the government without an impeachment inquiry on Biden. The White House released a statement criticizing her for risking a government shutdown. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. "I've already decided I will not vote to fund the government unless we have passed an impeachment inquiry on Joe Biden," Greene said during her town hall. Marjorie Taylor Greene🇺🇸 (@RepMTG) August 31, 2023The White House was not thrilled to hear those remarks from Greene.

Persons: Marjorie Taylor Greene, Biden, Joe Biden, I've, Greene, Marjorie Taylor Greene 🇺🇸 ( Organizations: Service, GOP, Ukraine, COVID, Lawmakers, — Locations: Wall, Silicon, Georgia

REUTERS/Kevin Wurm/File Photo Acquire Licensing RightsWASHINGTON, Aug 31 (Reuters) - The White House on Thursday said it was working with Congress to hammer out a short-term funding measure to avoid an Oct. 1 partial federal government shutdown while longer-term spending talks continue. "OMB is providing Congress with technical assistance needed to avoid severe disruptions to government services in the first quarter of the fiscal year." With only weeks to go before the deadline, the Republican-led House of Representatives has approved only one of those 12 bills. U.S. Senate Majority Leader Chuck Schumer this month said he and House Speaker Kevin McCarthy had agreed on a stopgap measure. In its statement, OMB urged Congress to include emergency supplemental funding in any continuing resolution.

Persons: Kevin Wurm, Chuck Schumer, Kevin McCarthy, Mitch McConnell, Andrea Shalal, Richard Cowan, Susan Heavey, Chizu Nomiyama, Andrea Ricci, Jonathan Oatis Organizations: U.S, Capitol, REUTERS, Rights, Management, Budget, OMB, Washington Post, Republican, Senate, Wednesday, Russia, House Republicans, Thomson Locations: Washington , U.S, Kentucky, United States

☆ Biden's asking Congress for a budget Band-Aid. It'll make student loan repayment easier, secure Social Security and food benefits — and avoid a government shutdown.
▼ + stars: | 2023-08-31 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Without the cash infusion, the admin says, Social Security could get bogged down. Without that temporary budget fix, Social Security could get bogged down, low-income babies and seniors might not receive their benefits, and student loan repayment could get even thornier. The agency noted that the Education Department requires $2.3 billion to ensure it can effectively disburse student aid. It would also allocate $1.8 billion for student aid administration, which is $265 million below its current level. Are you worried about losing WIC or other food assistance, or struggling to repay student loans?

Persons: Biden, Joe Biden, Chuck Schumer, Kevin McCarthy, Schumer Organizations: Biden, Social Security, Service, Security, Management, OMB, SNAP, Social Security Administration, Women, Federal Student Aid, Education Department, Federal, Aid, Labor, Republicans, MSNBC, Republican, jkaplan Locations: Wall, Silicon, Washington

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