Congress

One More Try? Why Obamacare Repeal Is on the Horizon Again

By Rob Garver

The effort to repeal and replace the Affordable Care Act, which many assumed was dead or at least in a state of suspended animation for the foreseeable future, may be showing some stirring of life...
Trump Takes on a Powerful Leader, but This Time It’s on Capitol Hill

By Rob Garver

President Trump was obviously angry. The target of his ire was a man who has been aggravating him for a long time by ignoring his demands, refusing to work through the president’s chosen...
Heads Up: Health Care Is Still in Trouble

By Rob Garver

The issue of the US health insurance system was taken off the front burner with the evident failure of the Republican effort to repeal and replace the Affordable Care Act. But while it may not be in...
Here’s How Trump Could Get Democrats’ Help on Tax Reform

By Rob Garver

The Trump administration has been reaching out to ‘Blue Dog’ Democrats to talk about possible areas of agreement on tax reform.
Congress Is Constructing a Wall, All Right. But It’s Built Around Trump

By Rob Garver

Like a body’s immune system trying to wall off an abscess, the institutions of the federal government seem to be coming together to block, or at least limit, the influence of the president on the...

The US Spends Billions on Cybersecurity — but No One Is Sure Exactly How Much

By Eric Pianin

There is no universally accepted definition of what cybersecurity actually means. Moreover, the public and even lawmakers don’t have a clue as to how much the government is actually spending overall...
How Could the VA Make $5.5 Billion in Improper Payments Last Year?

By Eric Pianin

Sen. Claire McCaskill of Missouri has been on a tear recently in going after government fraud and waste. The ranking Democrat on the Senate’s chief oversight committee and a former state auditor in...
Congress Just Handed Trump Bragging Rights on Expanded GI Education Benefits

By Eric Pianin

For a chief executive preparing to leave town on a 17-day summer vacation after suffering a humiliating setback on health care reform, President Trump will be able to claim some bragging rights when...
Top GOP Conservative: We Won’t Play Around With the Debt Ceiling

By Rob Garver

When it comes to the perennial fight to raise the federal debt ceiling, it’s usually best to assume that the struggle to give the Treasury Department clearance to actually pay the debts that the...
Why Republicans Are Going It Alone on Tax Cuts

By Eric Pianin

Republicans made it clear on Tuesday that despite their debacle in pressing for health care reform without any Democratic assistance, they would again go their own way in drafting and passing major...

Bill Gross: Fiscal Cliff Is Worse Than You Think

By John Melloy, CNBC

Two of the most influential market prognosticators today — Pimco’s Bill Gross and Goldman Sachs’s Jim O’Neill — both warned clients over the weekend of the perils of the coming "fiscal cliff," when...
Investor Alert: Prepare for a Nerve-Wracking November

By Suzanne McGee, The Fiscal Times

Investors who had hoped for a victory by the Republican Party and Mitt Romney in Tuesday’s election were quick to label the stock market’s plunge in the two days that followed as a logical reaction...
Obama, Boehner Dig in their Heels over ‘Cliff’ Taxes

By Josh Boak and Eric Pianin, The Fiscal Times

President Obama and House Speaker John Boehner have each pledged some give-and-take in addressing the budget issues in the fiscal cliff, but neither is willing to back down from their core position...
Warren Possible for Seat on Senate Banking Committee

By Sarah N Lynch, Reuters

The chances are good, but not guaranteed, that Elizabeth Warren will secure a highly coveted seat on the Senate Banking Committee, a move that would dramatically elevate her campaign against Wall...
Do Tax Cuts Spur Economic Growth? The GOP Thinks So

By Eric Pianin and Josh Boak

House Speaker John Boehner has offered to support an increase in revenues as part of a major budget deal to reduce the deficit and avoid a fiscal cliff, but to do it without raising tax rates...

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