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.

Voters, Clueless about Fiscal Cliff, In for a Shock

By Eric Pianin

The nation may be barreling towards a fiscal cliff at the end of the year, but members of Congress returning from a five-week recess say their constituents seem more focused on jobs, the deficit and...
117,000 Americans Get Jobless and Disability Benefits

By Josh Boak, The Fiscal Times

Roughly 117,000 Americans double-dipped by cashing unemployment and Social Security disability checks during the height of the jobs crisis, costing taxpayers a combined $856 million in fiscal 2010...
Obama’s Jobs Act—Not Just a Failure but a Fraud

By Liz Peek

If President Obama wins reelection, it will be because he has snookered the American public and outwitted the GOP. It will not be because his policies have succeeded. As he campaigns for a second...
If 2013 Budget Talks Fail, Top Credit Rating May Fall

By Steven C Johnson and DANIEL BASES, Reuters

The United States may lose its top credit rating if next year's budget talks do not produce policies that gradually decrease the country's debt, Moody's Investors Service said on Tuesday. The warning...
Riches or Retaliation Await Whistleblowers

By Brianna Ehley, The Fiscal Times

A former employee of the Swiss bank UBS AG this week collected $104 million for blowing the whistle on major tax fraud by the mega-bank. After passage of Dodd Frank in 2010, the number of...

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