White House

Budget Battles

  • Obama's Welfare Rollback Could Cost Him His Job

    By Liz Peek

    Bill Clinton ended “welfare as we know it”; now the Obama administration wants to start it up again . Health and Human Services head Kathleen Sibelius issued a memorandum in July that (perhaps...

  • Economic Illiteracy: The Candidates' Best Friend

    By Merrill Goozner, The Fiscal Times

    Is it useful to parse the latest economic statistics like Friday’s jobs numbers to determine how it will affect the November election? Before reading too much into it, ponder this fact: A February...

  • Amtrak's $151B Price Tag Hits a High Speed Bump

    By Knowledge Wharton, Knowledge@Wharton

    Amtrak, which for years has drawn criticism for its inability to turn a profit, has admitted that its newest vision would cost a staggering $151 billion, most of which would come from government...

  • Romney, Obama Budgets Full of Holes

    By Josh Boak, The Fiscal Times

    Mitt Romney has an accounting problem: His budget plan, his projections of explosive growth, and even the release of his personal taxes all hinge on the implicit promise of “trust me” rather than...

  • Fiscal Cliff Looms Large As Congress Leaves Town

    By Eric Pianin

    A highly unpopular Congress once again departs on a lengthy recess, leaving behind a mountain of unfinished work, including a farm bill amid one of the worst U.S. droughts in decades. One year after...