Budget Battles
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Feds Misused Millions in Vaccine Research Funds: Report
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Who Gets a Relief Check? Biden Willing to Negotiate
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Dems Ready to Go It Alone on Massive Covid Relief Bill
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Republicans Hammer Biden’s Big Stimulus Plan
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Biden Unveils ‘Wartime’ Covid Response Plan
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Biden Signs 17 Executive Actions on Day 1
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Yellen Tells Congress to ‘Act Big’ to Rescue the Economy
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Feds Misused Millions of Dollars Intended for Vaccine Research, Public Health: Report
Officials at the Department of Health and Human Services misused millions of dollars provided by lawmakers to fund vaccine research and preparedness efforts for public health threats like Ebola and...
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Investors Tell Washington: Don’t Worry About the Debt
With a growing number of lawmakers expressing concerns about another massive, deficit-financed Covid relief package and the historically large national debt, Politico’s Victoria Guida reports that...
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The First Round of Coronavirus Relief Payments by the Numbers
The IRS has released a detailed breakdown of the more than $271 billion sent to Americans in the first round of “Economic Impact Payments” (more commonly known as stimulus checks). Some stats: Total...
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Who Gets a Stimulus Check? Biden’s Willing to Negotiate
By Michael RaineyResponding to concerns from lawmakers about his proposed $1.9 trillion coronavirus relief plan, President Joe Biden said Monday that he’s willing to discuss the size and scope of the bill — including...
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Democrats Ready to Go It Alone on Covid Relief Bill
By Michael RaineyDemocrats are moving ahead with a version of President Joe Biden’s $1.9 trillion relief and stimulus package that could pass without Republican support. Initial votes in the House and the Senate...
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The Battle Over Biden’s Big Stimulus Plan
President Biden’s flurry of first-week executive orders comes as his $1.9 trillion proposal for the next coronavirus relief package faces intense Republican opposition, including from moderates whose...
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Biden Signs New Executive Orders Meant to Provide ‘Critical Lifeline’ to Millions
By Michael RaineyPresident Joe Biden signed two new executive orders Friday, the latest in a series of actions intended to boost the fight against Covid-19, blunt the economic effects of the pandemic and reverse...
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The Next Steps for Biden’s Stimulus Plan
The new administration and new Congress in Washington are quickly running into the same old debates about Covid relief. President Joe Biden has called for a $1.9 trillion pandemic aid package, but...
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Biden Unveils ‘Wartime’ Covid Response Plan
By Michael RaineyIn his first full day in office, President Joe Biden rolled out a comprehensive plan to address the Covid-19 pandemic, releasing a 200-page document outlining his strategy while signing executive...
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Biden Signs 17 Executive Actions on Day 1, With Promise of More to Come
President Biden signed a flurry of executive orders just hours after taking the oath of office on Wednesday, hastening to enact his agenda to address the coronavirus pandemic and to reverse Trump...
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State and Local Tax Revenues Better Than Expected
By Michael RaineyMany economists worried that local tax revenues would fall sharply in the wake of the coronavirus pandemic, creating a long-lasting drag on the economy as payrolls shrank and public investment...
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Trump Cites Another Reason He’ll Veto Defense Bill
By The Fiscal Times StaffPresident Trump has repeatedly threatened to veto the $741 billion National Defense Authorization Act, demanding that it be revised to include a repeal of Section 230 of the Communications Decency...
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Liability Shield Isn’t a Priority for Americans: Poll
By The Fiscal Times StaffAnother round of individual stimulus checks is at the top of most Americans’ lists for the next coronavirus relief bill, according to a new poll from Yahoo Finance-Harris. Asked what they thought is...
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Congressional Negotiators Close In on $1.4 Trillion Spending Bill
House and Senate negotiators are reportedly closing in on an agreement on a $1.4 trillion omnibus spending bill for fiscal year 2021, which began October 1. The deal would avert a government shutdown...
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Lawmakers Unveil $908 Billion Coronavirus Relief Package Split Into Two Bills
By Michael RaineyA bipartisan group of lawmakers on Monday unveiled the details of their $908 billion plan to provide emergency relief for the U.S. economy. Speaking at a press conference in Washington, Sen. Joe...