Budget
  • Biden and McCarthy Dive Into Debt Talks

    The debt ceiling dance has begun. President Joe Biden and House Speaker Kevin McCarthy (R-CA) met at the White House for more than an hour on Wednesday, as the two set out on talks about raising the...

  • FILE PHOTO: George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken

    US Health Care System: High Cost, Poor Performance

    By The Fiscal Times Staff

    You may already know this sad fact about US health care: We spend more than any other high-income country but get worse outcomes. That shocking truth is no longer surprising, but a new report by The...

  • US Covid Emergency to End in May

    By Michael Rainey

    President Joe Biden plans to end the emergency federal response to Covid-19 on May 11, the White House told Congress Monday evening, as public health officials shift toward treating the viral...

  • Round 1 in the Debt Limit Fight

    The slowly unfolding fight over the debt limit and federal spending will inch forward on Wednesday as President Joe Biden and House Speaker Kevin McCarthy meet, their first such sit-down since...

  • FILE PHOTO: U.S. Senator Lee questions Supreme Court nominee Gorsuch during Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington

    GOP Senators Demand Fiscal Reforms in Exchange for Raising Debt Ceiling

    By Michael Rainey

    In a letter to President Joe Biden, nearly half of the Republicans in the Senate declared they any effort to increase the debt ceiling must include structural reforms in federal spending. “We, the...