The Fiscal Times |

Selling the Bipartisan Infrastructure Deal Won’t Be Easy

The sales pitch has started for the bipartisan infrastructure bill negotiated by 10 senators. Closing a deal with the White House and fellow lawmakers won’t be easy. “Some Democrats already have...
Poll of the Day: Infrastructure Isn't Americans’ Top Priority for Congress

Just over a third of American voters say that passing an infrastructure spending bill should be a top priority for Congress, according to a Morning Consult-Politico poll out this week — lower than...
Senate Infrastructure Deal Faces Questions From Biden, Lawmakers

The White House said Thursday evening that it had been briefed on the infrastructure agreement emerging from a bipartisan group of 10 senators but had questions about the details of the deal, leaving...

Biden Returns $2 Billion in Trump Border Wall Money to Pentagon

The Biden administration returned $2 billion to the Defense Department that had been redirected by former President Donald Trump to fund border wall construction in the Southwest. The money is the...
New Alzheimer’s Drug Could Cost Medicare Billions — Despite Lack of Evidence It Works

The Food and Drug Administration’s decision this week to approve a new Alzheimer’s drug for the first time in nearly 20 years was highly anticipated — and highly questioned. It’s also likely to be...
Bipartisan Senate Group Reaches Infrastructure Deal

Republican senators involved in bipartisan infrastructure talks said Thursday that they had reached agreement on a plan that would spend a fraction of the roughly $4 trillion proposed by President...
Tax Gap Will Total $7 Trillion Over Next Decade, Treasury Says

The gap between what Americans owe and what the IRS collects is only getting bigger, with lost revenues totaling trillions of dollars over the next 10 years, Deputy Assistant Secretary Mark Mazur...
US Budget Deficit Hits Record $2.1 Trillion in First Eight Months of FY 2021

The federal budget deficit climbed to a record $2.1 trillion in the first eight months of fiscal year 2021, the Treasury Department reported Thursday in its monthly statement . Federal revenues rose...