Budget
  • Nancy Pelosi

    Pelosi Looks to Deliver $25 Billion for USPS

    The House is set to vote Saturday on legislation that would block operational cutbacks to the United States Postal Service and add $25 billion in funding to help prop up the service ahead of the...

  • Is Trump’s Unemployment Benefit Plan Legal?

    By Michael Rainey

    The White House scrambled earlier this week to clarify President Trump’s effort to provide extra weekly payments to unemployed workers, settling on the idea that the new program would provide workers...

  • U.S. President Trump holds coronavirus disease (COVID-19) pandemic briefing at the White House in Washington

    Trump Indicates He Wants to Block USPS Funding to Stop Mail-In Votes

    President Trump indicated Thursday morning that he opposes Democratic proposals to provide additional funding to the U.S. Postal Service because he doesn’t want to expand voting by mail ahead of...

  • Unemployment claims are soaring as the coronavirus pandemic shuts down businesses.Unemployment Forms

    New Jobless Claims Drop Below 1 Million

    By Michael Rainey

    The number of new unemployment claims fell below 1 million for this first time since March, the Labor Department announced Thursday. About 963,000 Americans filed for state unemployment benefits for...

  • A sign marks the U.S Treasury Department in Washington

    Tax Day Delay Shrinks Budget Deficit in July

    By The Fiscal Times Staff

    The federal budget deficit dropped sharply in July, coming in at a mere $68 billion, down from the eye-popping $864 billion recorded in June, the Treasury Department said Wednesday. The huge decline...