Budget
  • Combating the Opioid Crisis

    By The Fiscal Times Staff

    The Justice Department said it will award more than $12 million in grants to help state and local law enforcement agencies combat the illegal manufacturing and distribution of methamphetamine, heroin...

  • U.S. Federal Reserve Board chair Yellen testifies before Congressional Joint Economic hearing on Capitol Hill in Washington

    Yellen: The National Debt ‘Should Keep People Awake at Night’

    In testimony before Congress Wednesday, the outgoing Federal Reserve chair said she’s “very worried” about the trajectory of the nation’s debt, which now totals more than $20 trillion, $14.9 trillion...

  • 3 Big Problems with the GOP’s Tax ‘Trigger’

    By Michael Rainey

    The tax “trigger” being discussed in the Senate is fairly simple conceptually: If federal tax revenues come in lower than expected in the years following the passage of the GOP bill, automatic rate...

  • Senate Minority Leader Chuck Schumer and House Minority Leader Nancy Pelosi speak at the National Press Club in Washington

    Trump & Chuck & Nancy & a Shutdown

    Whether it was “Art of the Deal” posturing or something else entirely, President Trump on Tuesday morning tweeted that he didn’t see a deal coming out of an afternoon meeting scheduled with...

  • Senate Majority Leader Senator Mitch McConnell (R-KY) attends a news conference following party policy lunch meeting at the U.S. Capitol in Washington. REUTERS/Carlos Barria

    New Analysis Finds That the Senate Plan Fails the Byrd Rule

    By Michael Rainey

    A new analysis from the Penn Wharton Budget Model at the University of Pennsylvania shows that the Senate tax bill would violate the Byrd Rule that, in this case, requires that the legislation not...

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