Budget
  • Why Children Lose Out in the Federal Budget

    By Michael Rainey

    The federal government spends much less on children than it does the elderly, with the latter claiming roughly 35 percent of the annual budget. The disparity is driven in part by the government’s...

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

    Spending Caps Could Come Roaring Back in 2020

    By Michael Rainey

    Congress has busted through its self-imposed spending caps for this year and next, enabling the government to spend billions more that the limits imposed by the Budget Control Act of 2011. The...

  • U.S. President Trump talks with U.S. Army Major General Piatt during demonstration at Fort Drum, New York

    Cost of Trump’s Military Parade Rising Fast

    By Michael Rainey

    It looks like President Trump’s military parade is going to cost a lot more than the initial estimate suggested – about $80 million more. The Department of Defense pegged the cost of the parade at...

  • A cyclist passes the U.S. Capitol in Washington

    Congress Puts Spending Bills in Gear

    By Michael Rainey

    Congress is on pace to do something it hasn’t done in more than 20 years: pass all of its spending bills before the fiscal year begins on October 1. How they’re doing it: In order to move the...

  • 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.

    Trump Wants $8 Billion to Build the Space Force

    By Michael Rainey

    The Trump administration wants to spend $8 billion over the next five years to establish the U.S. Space Force as a sixth branch of the military, Vice President Mike Pence said Thursday. In a speech...

  • 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...

  • F-35 Price Drops Below $90 Million: Report

    By Michael Rainey

    The 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...

  • Immigrant children now housed in a tent encampment under the new "zero tolerance" policy by the Trump administration are shown walking in single file at the facility near the Mexican border in Tornillo, Texas

    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...

  • Is the War on Poverty Over?

    By Michael Rainey

    The White House declared this week that the war on poverty “is largely over and a success” as it pushes for stiffer work requirements for recipients of federal aid. In a paper released Thursday,...

  • Representative Tom Price has been named secretary of health and human services. 
REUTERS/Joshua Roberts

    Former HHS Secretary Tom Price Wasted More Than $300,000 on Travel

    By Michael Rainey

    President Trump’s former Health and Human Services Secretary Tom Price improperly spent at least $341,000 on travel, according to an Inspector General report issued Friday. The IG reviewed 21 trips...

Budget Directory

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