Budget
  • Boomers vs. Kids: Federal Spending on Children Is Falling

    “The future depends on what we do in the present,” Mahatma Gandhi once said (at least according to the Internet). If so, a new report suggests we’re headed for some trouble, as the federal government...

  • People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken in  Warsaw September 27, 2013. REUTERS/Kacper Pempel

    Are Democrats the Party of Fiscal Responsibility? A Debate

    By Michael Rainey

    Talking to CNBC on Tuesday about his concerns that Democrats are going too far left with policy proposals such as a job guarantee and single-payer health care, Starbucks founder Howard Schultz said...

  • A red traffic light stands in front of the U.S. Capitol building in Washington

    Why We Can’t Have Nice Things

    By Michael Rainey

    The federal budget is on an unstable path in the long run and the Trump administration has made things worse with its tax cuts and spending increases, warn C. Eugene Steuerle and Caleb Quakenbush of...

  • Watchdog Says Pentagon Should Hold Off on Full F-35 Production

    By Michael Rainey

    The Department of Defense and Lockheed Martin are eager to ramp up production of the F-35 Joint Strike Fighter, but a congressional watchdog is warning that full production should wait until hundreds...

  • New Government Spending Tool from the Census

    By The Fiscal Times Staff

    How much do your state and local governments spend on education, recreation and health care? The U.S. Census has created a new tool that allows users to sift through reams of government data to...

  • F-35 Deliveries Halted Over Repair Bill

    By Michael Rainey

    The F-35 Lightning II has yet to fire a shot in anger but the Pentagon is already arguing with manufacturer Lockheed Martin over a big repair bill. The Defense Department has stopped accepting most...

  • FILE PHOTO: An aerial view of the Pentagon building in Washington

    This State's a Big Winner When It Comes to Defense Spending

    By Michael Rainey

    Spending on huge weapons programs like the F-35, which has an estimated lifetime cost of more than $1 trillion, is carefully spread around the country to maximize its economic impact – and to make it...

  • State Pension Funds Fall Deeper in the Hole

    By Michael Rainey

    State pension plans are facing a massive $1.4 trillion funding gap, according to a new analysis from the Pew Charitable Trust. Pension liabilities in all 50 states increased by $295 billion to...

  • Why Trillion-Dollar Deficits Matter

    The Congressional Budget Office confirmed this week that the deficit is on pace to surpass $1 trillion in 2020 and climb higher from there barring action by leaders in Washington, potentially...

  • Logistics Specialist Seaman Alison Wise mans the rails aboard the U.S. Navy aircraft carrier USS Harry S. Truman in Norfolk

    Cost of War in Syria Is Rising

    By Michael Rainey

    President Trump said last week that he wanted to remove U.S. troops from Syria as soon as possible, but resistance from the Pentagon apparently changed his mind, and new reports that Syrian forces...

Budget Directory

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