Budget
  • U.S. President Donald Trump holds a video call with U.S. military service members in the Oval Office on Christmas morning in Washington

    Trump Threatens to Veto Defense Bill

    By Michael Rainey

    Despite reports last week that the White House was looking to make a deal on the issue, President Donald Trump is threatening to veto the National Defense Authorization Act if it includes a provision...

  • Restaurants and retail stores in Des Moines' East Village have been forced to close their doors because of the coronavirus on

    Most Americans Say the Country Needs More Covid Aid

    By Michael Rainey

    A substantial majority of Americans think more Covid-19 aid from the federal government is needed, according to new poll data from Pew Research. In a survey of U.S. adults conducted from November 12...

  • U.S. President-elect Biden speaks after meeting with transition coronavirus advisory board in Wilmington, Delaware

    Biden Backs Pelosi on Massive Stimulus Bill as Former Treasury Heads Call for More Aid

    By Michael Rainey

    Joe Biden is backing House Democrats in their effort to negotiate a multi-trillion-dollar coronavirus relief bill, according to a Biden representative Monday. “The President-elect fully supports the...

  • Coronavirus Taskforce briefing at the White House

    Mnuchin Defends Decision to End Emergency Lending Programs

    By Michael Rainey

    Treasury Secretary Steven Mnuchin on Friday defended his decision to terminate more than $450 billion worth of emergency lending programs that extended credit to businesses and local governments amid...

  • Virus Surge Could Wallop the Economy Again

    By Michael Rainey

    Analysts at JPMorgan Chase are predicting an economic contraction in the first quarter of 2021, driven by the fall surge of Covid-19 and new restrictions on businesses imposed by state and local...