Budget
  • 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...

  • FILE PHOTO: A sign on an insurance store advertises Obamacare in San Ysidro

    3 Key Questions About the Obamacare Court Ruling

    The fate of Obamacare may once again wind up before the Supreme Court now that a federal judge in Texas has ruled that the law is unconstitutional. U.S. District Court Judge Reed O'Connor ruled on...

  • 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.

    Trouble Ahead for Space Force

    By Michael Rainey

    Senate Armed Services Committee Chairman James Inhofe (R-OK) is not currently a supporter of President Trump’s plan to create a Space Force as an independent branch of the U.S. military. He did not...

  • A $300 Million Fighter Jet?

    By Michael Rainey

    Critics have long decried the staggering cost of the F-35 Lightning II stealth jet, which is projected to cost more than $1.5 trillion over the lifetime of the program. But the fifth-generation...

  • District of Columbia

    CBO Offers 121 Ways to Shrink the Deficit

    By The Fiscal Times Staff

    The Congressional Budget Office has released a 326-page guide that describes dozens of ways the federal government could reduce its large and growing budget deficit. The 121 policy options included...

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

    How Trump Could Escape the Shutdown Trap

    By Michael Rainey

    Congress left town Thursday for a five-day weekend with no clear plans for how to avoid a partial government shutdown next week. Democrats said they were waiting for Republicans to make a move,...

  • A worker stands next to a newly built section of the U.S.-Mexico border fence at Sunland Park, U.S. opposite the Mexican border city of Ciudad Juarez

    Trump's Claim That 'Mexico Is Paying for the Wall!' Leaves Experts Stumped

    By Michael Rainey

    President Trump returned to a favorite claim about who would pay for the border wall in a tweet Thursday: Sen. Chuck Schumer replied with a tweet of his own: "Mr. President: If you say Mexico is...

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

    Boxed In by Trump, GOP Hurtles Toward a Shutdown

    By Michael Rainey

    House Republicans considered moving forward with a bill that would have given President Trump the $5 billion he has demanded for border wall construction, but it looks like they’re leaving town...

  • Moody’s Warns of Declining US Fiscal Strength

    By The Fiscal Times Staff

    Trump’s tax cuts combined with a slowing economy will diminish the United States’ “fiscal strength” over the next 10 years, Moody’s Investor Service said Wednesday. The gradual decline could pressure...

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

    What’s at Stake in the Government Shutdown Fight

    Tuesday’s stunningly contentious meeting between President Trump and Democratic leaders Nancy Pelosi and Chuck Schumer did nothing to dissipate the uncertainty over a partial government shutdown at...

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