Budget
  • The Air Force’s $1,280 Coffee Cup

    By Michael Rainey

    Keeping a cup of coffee hot can be a pricey proposition if you happen to serve on a U.S. Air Force transport jet. Crew members on more than 300 KC-10, C-5 and C-17 aircraft use specially designed...

  • Spain in recession as austerity bites deep

    Bond Traders Shrug Off Massive Debt Auctions

    By Michael Rainey

    The U.S. Treasury is issuing $276 billion in debt this week as the deficit continues to soar in the wake of the tax cuts and higher government spending this year, with some specific bills and notes...

  • Senators Warn Against Bringing Back Earmarks

    A group of nine Republican senators and one Democrat is pushing back against the potential return of congressional “earmarks,” those spending items or tax and tariff benefits targeted to a specific...

  • 3) California

    Kansas or California as a Model for America’s Future Growth?

    By The Fiscal Times Staff

    If you had to choose either Kansas or California to serve as a model for America’s future growth, which would it be, Bloomberg’s Barry Ritholtz asks . The answer, he argues, is obvious — yet...

  • Senator Harris questions DHS Secretary Nielsen during Senate Homeland Security and Governmental Affairs Committee hearing in Washington

    Kamala Harris' Trillion-Dollar Tax Plan

    By Michael Rainey

    Republicans aren’t the only ones coming up with trillion-dollar tax plans. California’s Kamala Harris, a rising Democratic star in the Senate, released a proposal Thursday to repeal the $1.9 trillion...

  • Price Drops for Next Batch of F-35s

    By Michael Rainey

    The Pentagon and Lockheed Martin have reached an agreement on the financial terms for the next batch of F-35 Lightning IIs. The so-called Lot 11 production will include 141 stealth jets, with 91...

  • One Key Way the US Lags Behind Finland (and Denmark and Taiwan)

    By The Fiscal Times Staff

    The U.S. ranks 27th in a new study that ranks 195 countries based on “expected human capital” — the population’s overall level of survival, health and education, considered a key determinant of...

  • FILE PHOTO: A combine drives over stalks of soft red winter wheat during the harvest on a farm in Dixon, Illinois

    Congress Fails to Pass Farm Bill

    By Michael Rainey

    The federal farm bill expired at midnight on Sunday, leaving dozens of programs in limbo until Congress can pass a new spending package or an extension of the old one. Lawmakers were unable to agree...

  • U.S. President Trump arrives to discuss trade deal in the Rose Garden of the White House in Washington

    What’s in Trump’s New NAFTA?

    By Michael Rainey

    President Trump announced a new trade deal with Canada and Mexico Monday that is intended to replace NAFTA, the 24-year-old trade agreement that regulates roughly $1.2 trillion worth of trade between...

  • The US Government’s Biggest Financial Asset: Student Debt

    By Michael Rainey

    We hear a lot about government debt, but what about government assets? Jill Mislinski of Advisor Perspectives looked at the Federal Reserve's financial accounts data and found that student loans make...

Budget Directory

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