Budget Battles
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Harris Faces Her Next Big Test
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Harris Launches Ad Blitz Hitting Trump Over Project 2025
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Trump Economic Plans Would Cost More Than $4 Trillion: Analysis
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Fed’s Powell Says ‘Time Has Come’ to Cut Rates
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Kamala Harris's High-Stakes Moment
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US Job Growth Revised Sharply Lower
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Harris Allies Push Back on Critics of Price Gouging Proposal
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A New Tidal Wave of Money Could Decide Senate Races
By Eric Pianin and Brianna EhleyJust when it seemed there was no limit to what the Koch brothers and others could spend this year through super PACS to influence the outcome of the Senate campaign, the Supreme Court may rule any...
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Is a Cruise Ship Deal Worth the Risk?
By Mitch Lipka, ReutersWith news of two big ships cutting short their journeys last week because so many passengers got sick, the idea of booking a vacation on a cruise ship might be looking risky. But the thought of...
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Cynical Americans Aren’t Banking on a Budget Deal
By Eric PianinAmericans could get an early Christmas gift in the form of a budget deal from Congress that would cancel a second round of across-the-board sequester cuts and avoid the risk of another government...
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6 Ways Obamacare Is Changing Mental Health Coverage
The passage of Obamacare has made coverage of mental health and drug treatment one of the “10 essential health benefits” that all insurers must offer. Insurers, patient advocates and state regulators...
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CBO’s Elmendorf Downplays Need for Big Budget Deal
By Eric PianinCongressional Budget Office director Doug Elmendorf on Wednesday offered advice to lawmakers trying to negotiate a budget deal to avoid another government shutdown early next year: “Big steps are...
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6 Ways to Raise Money-Smart Kids
By Kentin Waits, Money Talks NewsIn a world filled with financial pitfalls, working to create positive and empowering associations with money early can help set children up for a lifetime of better choices, less stress, and more...
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Three Budget Games at the $3.6 Trillion Table
By Josh Boak, The Fiscal TimesFederal spending should exceed $3.6 trillion next year—and Democrats and Repu blicans are ready for a budget fight that will likely go down to the penny. Congress is returning after having voted last...
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5 Facts You Should Know about the National Debt
By Drew DeSilver, Pew Research CenterWith the Republican-led House engaged in a stare-down with Senate Democrats and President Obama over raising the federal debt limit , it seems an opportune time to dig into the actual numbers...
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The Senate Tries to Break the Shutdown Stalemate
By Eric PianinWith House Republicans seemingly spinning their wheels on ideas for ending the government shutdown and avoiding a first-ever default, Senate Democrats and a few Republicans declared on Tuesday that...
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Debt-Ceiling Danger Zone Threatens U.S.
By Eric PianinTake a deep breath: The latest doomsday scenarios for what might happen if Congress fails to raise the debt ceiling later this fall are now out. Sometime between Oct.18 and Nov. 15, the Treasury will...
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A Fiscal Cliff Timeline, Built by Partisan Politics
By The Fiscal Times StaffPolitical gamesmanship, bitter ideological divisions and repeated miscalculations by both parties over the past two years all helped to put the country on the road to the fiscal cliff.
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How Many Generals Does it Take to Screw… Up a Budget?
By Josh Boak, The Fiscal TimesOklahoma Sen. Tom Coburn released a report Thursday that finds $67.9 billion of what he considers to be wasteful Pentagon spending—$50,000-per child schools, grocery stores, alternative energy...
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Which Candidate Can Pull Us Back from the Cliff?
By Eric PianinWashington policy experts are eagerly monitoring election returns tonight seeking clues as to how well positioned the next president will be in dealing with the looming fiscal cliff crisis.
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Gaffes Aside, the GOP Can Still Control Congress
By Eric Pianin and Merrill GooznerRepublicans once were considered a sure bet to reclaim control of the Senate in November until they were hit with a string of bad luck. They could still win a majority of seats in the Senate and...
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Three Fiscal Flashpoints that Can Cause a Recession
By Douglas Holtz-Eakin, The Fiscal TimesPolicymakers, business, markets, and households alike are more aware than ever of the dangers posed by the federal government’s fiscal affairs. Indeed, there are three flashpoints that pose distinct...