Budget
  • U.S. Treasury Secretary Steven Mnuchin in Washington, U.S., May 23, 2017. REUTERS/Jim Bourg

    Mnuchin Spins a False Claim About Tax Cuts and the Deficit

    The Congressional Budget Office projected last week that the federal government’s fiscal 2018 deficit would total $782 billion. The final numbers will be released by the Treasury Department, but...

  • Pentagon Grounds All F-35s

    By Michael Rainey

    The U.S. Defense Department grounded all F-35 jets on Thursday, on the heels of a crash on September 28 in South Carolina. Investigators examining the loss of an F-35B, the Marine Corps’ version of...

  • FILE PHOTO: President Donald Trump hosts a lunch with Senate Majority Leader Mitch McConnell and Speaker of the House Paul Ryan at the White House in Washington

    Trump’s Border Wall: A Christmastime Clash Is Coming

    There won’t be much holiday cheer on Capitol Hill this year, Politico’s Playbook warns : “Over the last few days, we’ve seen a massive ramp-up of the ‘build-the-wall’ rhetoric from key Hill...

  • How GOP Rhetoric on Entitlements Has Changed

    By The Fiscal Times Staff

    The Washington Post’s David Weigel describes how Republicans have changed their tune on Medicare and, for this year at least, largely abandoned the idea of entitlement reform: “[O]ver eight years,...

  • How the Army ‘Found’ $25 Billion

    By Michael Rainey

    The U.S. Army has been combing through its existing programs to identify potential sources of funding that can be applied to its ambitious modernization program, and according to Army Secretary Mark...

  • A $24,000 Generic Drug Bargain?

    By The Fiscal Times Staff

    Gilead Sciences said it will start offering generic versions of its hepatitis C drugs Harvoni and Epclusa next year at a cost $24,000 for a full course of treatment. Gilead introduced Harvoni in 2014...

  • Senator Elizabeth Warren delivers a major policy speech  in Washington

    Elizabeth Warren’s $500 Billion Housing Plan

    By Michael Rainey

    Sen. Elizabeth Warren (D-MA) introduced an ambitious bill Tuesday that targets the growing problem facing millions of Americans: soaring rents and unaffordable home prices. The American Housing and...

  • The Deficit Is Heading to $1 Trillion. How Worried Should We Be?

    By Michael Rainey

    Should we be worried about the rising federal deficit? If not, when should we start worrying – when it hits $1 trillion a year? $2 trillion? Never? That’s the topic of debate in a Bloomberg piece...

  • U.S. President Trump participates in tour of U.S.-Mexico border wall prototypes near Otay Mesa Port of Entry in San Diego, California

    Why Trump May Opt for a Shutdown

    By Michael Rainey

    President Trump’s abrupt criticism of a key spending bill yesterday has some political prognosticators saying there’s a real possibility of a government shutdown in the next 10 days. The Senate bill...

  • U.S. President Donald Trump holds an event to announce a grant for a drug-free communities support program in the Roosevelt Room of the White House in Washington, U.S.

    Trump Blasts ‘Ridiculous’ Spending Bill: Is a Shutdown Back on the Table?

    By Michael Rainey

    President Trump on Thursday blasted the spending bill passed by the Senate earlier this week for its lack of funding for his border wall with Mexico. The bill is a key part of the congressional...

Budget Directory

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