Budget
  • The Great Debt Debate

    By Michael Rainey

    We told you last week about a new paper from economist Olivier Blanchard that caused a stir by suggesting that government debt may be less problematic than many experts have believed. Blanchard found...

  • Bipartisan Group of Senators Pushes for Trump to Reopen Government

    A bipartisan group of senators is urging President Trump to agree to a three-week stopgap funding measure that would end the government shutdown, now heading for its 27th day, while they negotiate a...

  • Federal Workers Have Missed an Average $5,000 in Pay So Far

    By Michael Rainey

    Government employees who are not receiving paychecks during the shutdown have lost about $5,000 each on average so far, according to an analysis by The New York Times. In total, the missing pay comes...

  • House Speaker Nancy Pelosi (D-CA) talks to reporters as she walks on Capitol Hill

    Pelosi’s Shutdown Power Play Against Trump

    The state of our union is … on hold? House Speaker Nancy Pelosi sent a letter to President Trump Wednesday morning asking him to postpone his State of the Union address, scheduled for January 29, or...

  • A sign on the National Mall tells visitors of the closures do to the federal government shutdown in Washington

    Why Some Conservatives Love the Shutdown

    By The Fiscal Times Staff

    The Washington Post reports that the prolonged shutdown is giving some small-government conservatives who have the president’s ear just what they’ve long wanted: a smaller government and a chance to...

  • FILE PHOTO: Office of Management and Budget (OMB) Director Mick Mulvaney speaks to the media at the U.S. Consumer Financial Protection Bureau (CFPB), where he began work earlier in the day after being named acting director by U.S. President Donald Trump

    No Name Change for the Consumer Financial Protection Bureau

    By Michael Rainey

    It looks like the Consumer Financial Protection Bureau is sticking with its name. Back in March, former acting CFPB chief Mick Mulvaney – who is now serving as President Trump’s acting White House...

  • FILE PHOTO:  U.S. Senate Majority Leader Mitch McConnell speaks at a Harden County Republican party fundraiser in Elizabethtown, Kentucky, U.S. on June 30, 2017. REUTERS/Bryan Woolston/File Photo

    McConnell’s Plan to Avoid a Shutdown

    By Michael Rainey

    Senate Majority Leader Mitch McConnell (R-KY) on Wednesday introduced a short-term spending bill that would avert a partial government shutdown at midnight on Friday. The bill which would keep the...

  • U.S. President Donald Trump holds a space astronaut toy as he participates in a signing ceremony for Space Policy Directive at the White House in Washington D.C.

    Trump Orders Pentagon to Create Space Command

    By Michael Rainey

    President Trump on Tuesday directed the Department of Defense to create Space Command, a new unified combat command focused on space that is meant to lay the groundwork for a proposed Space Force...

  • Trump holds a cabinet meeting at the White House in Washington

    Trump Signals He’s Ready to Back Down in Border Wall Fight

    By Michael Rainey

    The Trump administration appeared to pull back from the shutdown brink Tuesday, with White House press secretary Sarah Sanders saying the administration won’t demand $5 billion for border wall...

  • U.S. President Trump meets with Schumer and Pelosi at the White House in Washington

    Trump and Lawmakers Dig In for a Shutdown

    By Michael Rainey

    Neither side in the battle over President Trump’s border wall appears to be budging, raising the odds of a partial government shutdown come Friday night. “Spending discussions have stalled, with no...

Budget Directory

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