Budget
  • The Great Debt Debate

    By Michael Rainey

    We told you last week about a new paper from economist Olivier Blanchard that caused a stir by suggesting that government debt may be less problematic than many experts have believed. Blanchard found...

  • Federal Workers Have Missed an Average $5,000 in Pay So Far

    By Michael Rainey

    Government employees who are not receiving paychecks during the shutdown have lost about $5,000 each on average so far, according to an analysis by The New York Times. In total, the missing pay comes...

  • Bipartisan Group of Senators Pushes for Trump to Reopen Government

    A bipartisan group of senators is urging President Trump to agree to a three-week stopgap funding measure that would end the government shutdown, now heading for its 27th day, while they negotiate a...

  • House Speaker Nancy Pelosi (D-CA) talks to reporters as she walks on Capitol Hill

    Pelosi’s Shutdown Power Play Against Trump

    The state of our union is … on hold? House Speaker Nancy Pelosi sent a letter to President Trump Wednesday morning asking him to postpone his State of the Union address, scheduled for January 29, or...

  • A sign on the National Mall tells visitors of the closures do to the federal government shutdown in Washington

    Why Some Conservatives Love the Shutdown

    By The Fiscal Times Staff

    The Washington Post reports that the prolonged shutdown is giving some small-government conservatives who have the president’s ear just what they’ve long wanted: a smaller government and a chance to...

  • Senator Bernie Sanders (I-VT) speaks during an event to introduce the "Medicare for All Act of 2017\

    Democrats Gear Up for Single-Payer Health Care Push

    By Michael Rainey

    Democrats are making it clear that they’re serious about moving forward on universal health care. Speaker Nancy Pelosi (D-CA) said last week that she supports holding hearings on Medicare-for-All...

  • House Democrats’ Budget Will Call for Raising Corporate Taxes

    By The Fiscal Times Staff

    The new Democratic House Budget Committee chairman said Friday that the fiscal 2020 budget blueprint his chamber produces will seek to raise revenue by increasing the corporate tax rate from the...

  • A sign is seen on a fence at the General Grant National Memorial in New York as the partial U.S. government shutdown continues

    5 Ways the Shutdown Pain Could Get Much Worse

    By Michael Rainey

    Now in its third week, the shutdown will become the longest in history if it lasts until Saturday, and the negative effects are starting to accumulate – and could grow more destructive in the coming...

  • U.S. President Donald Trump speaks to the media as he returns from Camp David to the White House in Washington

    Trump Sets Prime-Time Speech to Ramp Up Shutdown Pressure on Dems

    As the partial government shutdown heads into its 18th day with no sign of a breakthrough to end the impasse, President Trump is looking to make his case directly to the American public — and not...

  • National Zoo closed in due to the partial government shutdown in Washington

    The Widening Impact of the Shutdown

    By The Fiscal Times Staff

    The Washington Post’s Kimberly Kindy, Lisa Rein and Joel Achenbach: “As the partial government shutdown enters Day 14, its effects are starting to cascade far beyond the hulking agency buildings in...

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