Newsletter Archive

November 2022

More Trouble for Biden's Student Debt Cancellation

Happy Monday and welcome to what’s sure to be a busy and potentially wild week. President Joe Biden held a three-hour meeting Monday with Chinese President Xi Jinping at the Group of 20 summit in Indonesia. Biden said the two had “an open…

Plus: Plus: a hot, stuffed lame duck

Finally, Some Relief on Inflation

Thursday provided no resolutions of the congressional races that will determine the balance of power in Washington next year, and local officials say we’ll have to wait a bit longer until we get final vote tallies in key states including…

Plus: Plus, Biden's new IRS chief

An Orange Crush Election?

Good evening. The vote counting continues, but here's what you need to know about the surprising election results.

Plus: Takeaways from the red wave that wasn’t

Will a Divided Congress Get Anything Done?

Today’s the big day! The Congressional Budget Office released its summary for fiscal year 2022 and its estimate of last month’s budget deficit. One ticket sold in California won the record $2.04 billion Powerball lottery jackpot. Oh, and…

Plus: Plus: The most expensive Senate races in 2022

McCarthy Previews GOP Agenda for 2023

Happy Monday! We’re just hours away from Election Day and a momentous pivot point for Congress, Joe Biden’s presidency and the country. As momentous as that is, we’re also watching this week for the release of Consumer Price Index…

Plus: Plus, the midterms by the numbers

Why the Unemployment Rate Just Went Up

Welcome to the weekend. Here’s what we’re watching while we wait for the winning Powerball numbers.

Plus: Plus: US says it will back Ukraine ‘for as long as it takes’

‘Fraudsters and Scam Artists’ Plague Medicare Advantage: Report

Friday morning will bring another monthly jobs report, the last reading on the economy before Tuesday’s election. Until then, here’s what we’re watching while trying to tune out incessant election ads.

Plus: Plus: What states got in pandemic aid funding

Voters Are Incredibly Sour on the Economy

Good evening. President Joe Biden is set to deliver a speech tonight warning about threats to U.S. democracy. Earlier, the Federal Reserve delivered yet another jumbo interest rate hike while hinting it may slow its pace moving forward as…

Plus: Plus: The Fed’s inflation fight is far from over

The US Job Market Just Won't Quit

Welcome to November and the final stretch of the midterm elections. Here’s what we’re watching while we wait for the World Series to resume.

Plus: Plus: Dems still searching for a winning election message

October 2022

Biden Threatens Big Oil With Windfall Profits Tax

Happy Monday and happy Halloween! What’s the best costume you’ve seen this year? As always, send your comments to yrosenberg@thefiscaltimes.com. And please encourage your friends to sign up here for their own copy of this newsletter.

Plus: Plus, a challenge for the Highway Trust Fund

Americans Skip Out on $500 Billion in Taxes Each Year

Disturbing news Friday as Paul Pelosi, the 82-year-old husband of House Speaker Nancy Pelosi (D-CA), was hospitalized after being attacked by an assailant who broke into the couple’s San Francisco home. The attacker reportedly shouted, …

Plus: Plus: The IRS gets a new acting commissioner

US Economy Returns to Growth — but Maybe Not For Long

Economic growth was positive in the third quarter, ending a six-month run of contraction that started at the beginning of the year, the Bureau of Economic Analysis said Thursday.

Plus: Plus: Why health insurance premiums may jump in 2023

Can Republicans Move the Needle on Inflation?

Good Wednesday evening. Tomorrow morning we’ll get our first reading on economic growth in the third quarter, and Friday will bring new data on inflation and consumer spending. In the meantime, here’s what we’re watching while digesting…

Plus: Plus, a new blueprint to cut the deficit

The No. 1 Issue in Election Ads Isn’t Inflation or Abortion

Happy Tuesday! On this date in 1760, Britain’s King George III ascended to the throne. He would become the longest-reigning king in British history, though he is best remembered here for being on the losing side of America’s Revolutionary…

Plus: Plus: Get your booster, Biden says

Biden Goes on the Offensive

Welcome to the weekend. We’ve got 1.4 trillion reasons for you to read today’s newsletter.

Plus: Plus: Why red states get more from the federal government

Liz Truss’s Fiscal Flameout

Good evening. Here's what you need to know after an eventful news day.

Plus: Plus: Will Congress provide more funding for January 6 investigations?

Surprise Tax Savings on Hand as IRS Adjusts for Inflation

Good Wednesday evening! We’ve got some good news on taxes and more on the debt limit and the Republican agenda for 2023. Let’s jump right in.

Plus: Plus: McCarthy Looks to Defuse Fears GOP Would Slash Social Security

GOP Signals Plan for a Debt Limit Showdown

With three weeks to go before Election Day, President Joe Biden pledged Tuesday that if Democrats keep control of the House and expand their margin in the Senate, the first bill he’d send to the next Congress would codify abortion rights…

Plus: Plus: 1.3 million diabetics rationed their insulin last year

A New ‘Battle Royale’ Over Trump's Tax Cuts

Happy Monday! For a local scarecrow contest, bakers in Benicia, California, have created a 6-foot bread version of Han Solo frozen in carbonite. They call it "Pan Solo." Voting in the scarecrow contest ends Sunday. May the Force be with…

Plus: Plus: 8 Million Americans have already applied for student loan relief