Newsletter Archive

April 2023

White House Blasts ‘Ransom Demands’ in GOP Debt Plan

Happy Thursday! It’s National High Five Day, so go ahead and give your friends and loved ones some fist bumps. We wouldn’t want to be too conformist. Here’s what’s happening.

Plus: Plus, McCarthy triples down on 'Boehner rule'

McCarthy Pitches Debt Limit Plan to a Divided GOP

It’s Tax Day Tuesday! We hope you’ve filed your taxes. We’ve got some astounding tax facts for you — and the latest in D.C.’s dangerous debt limit follies.

Plus: Plus: Why the debt deadline could be sooner than expected

McCarthy Blasts Biden Over Debt Limit

Happy Monday! Congress is back in session, but House Speaker Kevin McCarthy kicked off the week in New York City, where he blasted President Joe Biden for not negotiating about raising the debt limit.

Plus: Plus: The politics of food stamps

Congress Misses Its Deadline

Welcome to the weekend! Congress is about to miss its statutory budget deadline yet again. When lawmakers returns from their recess next week, we’ll start to hear a lot more about the debt ceiling. Here’s what to expect.

Plus: Plus: Can McCarthy unite his members on a debt limit plan?

McCarthy Prepares a GOP Offer on the Debt Limit

As Congress returns to session next week, House Speaker Kevin McCarthy will be looking to jumpstart dormant negotiations over raising the debt limit. His plan reportedly involves ramping up pressure on President Joe Biden by putting…

Plus: Plus: Your Thursday fiscal roundup

Fed Expects a ‘Mild Recession’ This Year

Annual inflation continued to cool last month, falling to its lowest level in nearly two years. The Labor Department said Wednesday that its consumer price index rose by 5% year over year in March, down from 6% in February and the ninth…

Plus: Plus: A record-setting year for income taxes

The GOP’s New Blame Game

Welcome to the weekend! We wish a peaceful Good Friday and a happy Easter to all who observe the holidays. Here’s what we’re watching.

Plus: Plus: A win for Medicare Advantage insurers

The IRS Unveils Its $80 Billion Plan

Happy Thursday and best wishes for a joyous National Burrito Day! Here’s your fiscal update.

Plus: Plus, Social Security worries grow

A ‘Lost Decade’ for the Economy?

We hope your Wednesday is going well! Here's what we're watching on the fiscal front.

Plus: Plus, 'excess savings' are going away

The Job Market Is Cooling: Good News for the Fed?

Happy Tuesday! Today is National Hug a Newsperson Day. Really. It’s a thing, apparently. Also today, coincidentally, seemingly every newsperson in America was busy covering the arraignment of former President Donald Trump, who pleaded not…

Plus: Plus: Other non-Trump news

Centrist Dems Explore ‘Secret’ Deal to Raise Debt Limit: Report

Congress is out this week and next. President Joe Biden traveled to Minnesota on Monday, where he discussed his economic agenda at an event at the Cummins Power Generation Facility. Cummins also announced that it will invest more than $1…

Plus: Plus: $300 million for an Alzheimer's database

March 2023

Millions Set to Lose Health Coverage

Hooray for Friday! A reminder: Tomorrow is April Fools’ Day, but we’re not fooling around here. We’ve got news about Social Security, Medicare and Medicaid, so read on.

Plus: Plus: Social Security faces funding crisis in 2033

McCarthy Jabs at Biden Over Debt Limit Talks

Happy Thursday! It’s been quite a day here in New York, as former President Donald Trump has reportedly just been indicted by a Manhattan grand jury in connection with a hush money payment to adult film star Stormy Daniels. It’s the first…

Plus: Plus: Your Thursday news roundup

Cut Spending or Increase It? Americans Say Yes

It’s been nearly two months since President Joe Biden and House Speaker Kevin McCarthy met in the Oval Office to discuss raising the nation’s debt limit. McCarthy, the California Republican, sent Biden a letter Tuesday pressing for another…

Plus: Plus: Biden counters McCarthy on the debt limit

McCarthy Cranks Up the Pressure on Biden

Good evening! We’re just two days away from Major League Baseball’s opening day. Can the Astros repeat? Will the big-spending Padres or Mets break through? Or might the Yankees break their championship drought? Send your thoughts or fiscal…

Plus: Plus: $4 trillion in U.S. wealth held offshore

100 Days, Zero Progress?

Happy Monday! On this date in 1973, “The Godfather” won the Academy Award for best picture. That’s right, it’s been 50 years.

Plus: Plus: GOP tax cuts are driving US debt ratio higher, report says

Republicans Draw Up Debt Limit Demands

Happy Friday! The Sweet Sixteen in the NCAA men’s basketball tournament gets cut down to the Elite Eight tonight. The Florida Atlantic University Owls, the ninth seed in the East region, advanced last night and Princeton, the 15th seed in…

Plus: Plus: White House will disband Covid response team

Dems Dismiss a Potential Debt Ceiling Solution

House Minority Leader Hakeem Jeffries (D-NY) on Thursday poured cold water on a plan circulating among some Democratic lawmakers to pass a “clean” debt limit increase by using a parliamentary procedure called a discharge petition, which…

Plus: Plus: Biden celebrates a BFD