White House

As Trump Announces Afghanistan Strategy, Here’s What the War Has Cost

By Yuval Rosenberg

President Trump will deliver his first prime-time address to the nation at 9 p.m. EDT tonight and is expected to announce that he’s sending thousands more U.S. troops to Afghanistan. If that is the...
The Walls Are Closing In as Allies Abandon Trump

By Rob Garver

Things have looked grim for Donald Trump’s future more than once in his relatively brief career as a politician. But on Wednesday, the cracks in the edifice of his public standing were really...
Why Renegotiating NAFTA Won’t Be as Easy as Trump Says

By David Francis

As NAFTA talks get underway, there are questions about what Trump can get done when it comes to major trade deals.
Obamacare Premiums and Budget Deficits Will Soar If Trump Ends Insurer Subsidies

By Rob Garver

If the Trump administration follows through on its threat to stop paying insurance companies a controversial set of subsidies established by the Affordable Care Act, the government will lose money...
What Happened to Trump’s Infrastructure Boom? Spending Is Actually Falling

By Rob Garver

Now, well past six months into Donald Trump’s presidency, the construction industry would like to know where those infrastructure dollars he promised are. While a slowly improving economy has been...

Trump Is Headed for a Collision With the Auto Industry as NAFTA Talks Loom

By David Lawder, Reuters

The Trump administration has set a collision course with the auto industry as it launches renegotiations of the 23-year-old NAFTA trade pact this week, aiming to shrink a growing trade deficit with...
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...
White House Advisers Insist That Trump Opposes Nazis

By Rob Garver

Nazi rallies are like the big, fat hanging curveball of American politics -- the sort of pitch any minimally competent public figure can put in the cheap seats without even thinking about it. But...
Will GOP Anger With Trump Over Charlottesville Be Different This Time?

By Rob Garver

After President Trump made brief remarks on Saturday related to the violent white nationalist protest in Virginia, the country saw something that it hadn’t seen in a while: a full-blown stampede of...
What Game Theory Tells Us About Trump’s ‘Madman’ Approach to North Korea

By Rob Garver

Is Donald Trump out of his mind? Maybe he wants North Korea to think so.

Senate Approves Measure to Keep Government Afloat

By Eric Pianin and Josh Boak

The Senate on Friday afternoon approved a measure to keep the government running at roughly the same spending levels through mid-November. The bill was then sent back to an uncertain future in the...
The Economic Impact of a Government Shutdown

By Josh Boak, The Fiscal Times

So a government shutdown is supposed to crush the economy. Every major player has sounded alarms about the downturn that happens without a spending measure in place by Monday night. It seems to be...
Season Two of the Debt Ceiling Show Is a Disaster

By Jacqueline Leo

If there weren’t so much at stake, I could write off this episodic soap opera over a government shutdown and defaulting on our debt as just plain entertainment. I had seen the show before, after all...
Last-Minute Budget Worries Hammer the Dollar

By RICHARD HUBBARD, Reuters

Concern over budget and debt negotiations in Washington sent the dollar close to a seven-month low and pressured world equities on Friday while European shares took a hit from worries over Italy...
Debt Limit: As America Loses, 3 ‘Winners’ Emerge

By Josh Boak and Eric Pianin, The Fiscal Times

The country, the world economy, your stock portfolio, your job security, your mortgage application, your Social Security application, and—heck—almost anything touched in some way by the federal...

Search form