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.

Spain Gets Up to 100 Billion Euros for Its Banks

By The Fiscal Times Staff

Euro zone finance ministers agreed on Saturday to lend Spain up to 100 billion euros ($125 billion) to shore up its teetering banks and Madrid said it would specify precisely how much it needs once...
Occupy Wall Street Struggles for Survival

By CHRIS FRANCESCANI, Reuters

More than eight months after Occupy Wall Street burst onto the global stage, decrying income inequality and coining the phrase "We are the 99 percent," the movement's survival and continued relevance...
Obama Takes Aim at GOP, Europe, As Economy Sputters

By Eric Pianin

A day after Federal Reserve Board Chairman Ben Bernanke signaled no change in the Fed’s efforts to spark the economy, President Obama blasted the Republicans for blocking his economic proposals and...
What a Tax Break! Make $200M and Pay the IRS Zilch

By Yuval Rosenberg

New numbers from the IRS make clear that while the wealthiest Americans weren’t quite as prosperous in 2009 as they had been before the Great Recession, many of them still benefitted from policies...
Sequester Could Wipe out More than a Million Jobs

By Eric Pianin

A new study by the Bipartisan Policy Center warns that the $1 trillion of looming automatic cuts in defense and domestic programs could greatly add to the country’s economic woes and wipe out more...

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