Budget Battles
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Government Has Been a Drag on the Economy – but That’s About to Change
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A Warning About the Next Economic Crisis from Leaders Who Battled the Last One
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Lawmakers Battle Over Veterans Health Funding
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Deficit Jumps in Trump’s First Fiscal Year
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Some GOP Senators Want to Slash Gas Taxes — and Federal Highway Spending
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Democrats and the Deficit: The Intraparty Fight Ahead
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Another Problem with Larry Kudlow's Deficit Whopper
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Will the Fed Take the Punch Bowl Away?
By Michael RaineyAlthough weaker public-sector spending may help explain the slow-growth rut the U.S. has found itself in over the last decade, most economists say that the extraordinary deficit-financed stimulus at...
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Government Has Been a Drag on the Economy – but That’s About to Change
The U.S. economy is about a year away from breaking the 1990s record for the longest expansion in U.S. history — and yet the recovery from the Great Recession has also been among the weakest growth...
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Trump’s Military Parade Cost Estimate: $12 Million
By Michael RaineyPresident Trump’s military parade this fall will cost about $12 million, according to estimates provided by Pentagon officials Wednesday. The "military-themed Veterans Day Parade" is still in the...
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Who Should Foot the Bill for a Secure Election System?
In a party-line vote, House Republicans on Thursday blocked a Democratic effort to boost election security funding. The vote was on a procedural motion by Democrats intended to add $380 million for...
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A Warning About the Next Economic Crisis from Leaders Who Battled the Last One
Three top officials who helped steer the U.S. through the financial crisis a decade ago warned Tuesday that, while the banking system has clearly been strengthened, policymakers might find it harder...
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Kudlow: Tax Cuts 2.0, 3.0 and 4.0 May Be Coming
Larry Kudlow, director of President Trump’s National Economic Council, sat down for a wide-ranging interview with CNBC’s Jim Cramer Wednesday morning in New York. Kudlow made headlines last month by...
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The White House Makes a ‘Trillion-Dollar Admission’
The White House Office of Management and Budget on Friday released its updated annual budget request , known as the mid-session review. The numbers don’t mean much given that the president’s budget...
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Lawmakers Battle Over Veterans Health Funding
A complicated fight over spending on a veterans health program is throwing a wrench into the congressional appropriations process for 2019. The showdown could force lawmakers to fall back on another...
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F-35 Price Drops Below $90 Million: Report
By Michael RaineyThe Pentagon has made a preliminary deal with Lockheed Martin for the next batch of F-35 stealth jets, according to a Reuters report from the Farnborough Airshow in England. The “handshake agreement...
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The US Now Spends $1 Billion a Year Detaining Immigrant Kids
Detaining immigrant children has become a $1 billion business, the Associated Press reported Friday. Grants from the Department of Health and Human Services (HHS) “for shelters, foster care and other...
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Democrats and the Deficit: The Intraparty Fight Ahead
Alexandra Ocasio-Cortez, the 28-year-old Democratic Socialist who stunned the political world and roiled the Democratic Party this month by defeating Rep. Joe Crowley (D-NY) in a primary, believes in...
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Worrying About the Next Recession
When will the next recession hit? It’s been more than nine years since the Great Recession officially ended , and the U.S. economy is about a year away from passing the 1990s expansion to become the...
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Another Problem with Larry Kudlow's Deficit Whopper
Larry Kudlow, director of President Trump’s National Economic Council, set off a wave of incredulous head-scratching on Friday by claiming in an interview with Fox Business Network that the federal...
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Larry Kudlow, Trump’s Top Economic Adviser, Says the Deficit Is Falling. It Is Not.
Larry Kudlow, President Trump’s top economic adviser, said on the Fox Business Network Friday morning that the federal budget deficit is falling “rapidly.” In response to a Maria Bartiromo question...
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Trump Properties Are Raking In Millions in Political and Taxpayer Spending
The Trump campaign, Republican organizations and government agencies have spent at least $16.1 million at hotels, golf courses and restaurants managed or branded by the Trump Organization since...