Budget
  • 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...

  • Teachers rally outside the state Capitol for the second day of a teacher walkout to demand higher pay and more funding for education in Oklahoma City

    How Tax Cuts Are Influencing Teacher Strikes

    By Michael Rainey

    Thousands of public school teachers in Oklahoma entered the 10 th day of their strike on Wednesday, part of a wave of labor protests by educators around the country. West Virginia teachers went on...

  • Paul Ryan with tax return postcard

    Paul Ryan's Fiscal Legacy: Lots of Red Ink

    House Speaker Paul Ryan announced Wednesday that he won’t seek re-election this year and will retire at the end of his term in January, becoming the most prominent in a wave of Republican lawmakers...

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