• Copies of U.S. President Donald Trump's FY2021 budget proposal on display in Capitol Hill in Washington, U.S.

    Trump’s $4.8 Trillion Fiscal Fantasy

    By Yuval Rosenberg and Michael Rainey

    The Trump White House on Monday released a $4.8 trillion budget for 2021 that calls for steep reductions in spending on safety net programs including Medicaid while proposing greater outlays for the...

  • Cut Red Tape to Help Rein in Federal Deficits

    By James Broughel and Jack Salmon

    The Budget and Economic Outlook report published late last month by the Congressional Budget Office (CBO) should set off alarm bells, as it predicts trillion-dollar annual deficits for the...

  • U.S. President Donald Trump and U.S. first lady Melania Trump arrive aboard Air Force One at Palm Beach International Airport

    Trump’s Company Charged Secret Service Hefty Rates for Stays: Report

    The Secret Service paid President Trump’s company rates as high as $650 a night for rooms used by agents protecting the president, The Washington Post reports based on documents obtained under the...

  • What to Look For in Trump’s 2021 Budget: CBPP

    By Michael Rainey

    President Trump’s agenda for a possible second term is still on the drawing board, according to The Wall Street Journal’s Andrew Restucci, and aides are reportedly in the early stages of drafting...

  • Pentagon Wants to Shift Billions in Funding

    By The Fiscal Times Staff

    The Trump administration is scheduled to release its 2021 fiscal budget request on Monday, and it’s expected to propose about $740 billion for defense. That’s an increase of just $2 billion over...