Budget
  • FILE PHOTO:  U.S. President Trump displays signature after signing tax bill into law at the White House in Washington

    Column of the Day: ‘Why Are Republican Policy Ideas Falling So Flat?’

    By The Fiscal Times Staff

    New York Times columnist Paul Krugman argues that “Republicans have decisively lost the battle of ideas” given that “their major policy moves, on health care, taxes and tariffs, are playing badly...

  • A $24,000 Generic Drug Bargain?

    By The Fiscal Times Staff

    Gilead Sciences said it will start offering generic versions of its hepatitis C drugs Harvoni and Epclusa next year at a cost $24,000 for a full course of treatment. Gilead introduced Harvoni in 2014...

  • Senator Elizabeth Warren delivers a major policy speech  in Washington

    Elizabeth Warren’s $500 Billion Housing Plan

    By Michael Rainey

    Sen. Elizabeth Warren (D-MA) introduced an ambitious bill Tuesday that targets the growing problem facing millions of Americans: soaring rents and unaffordable home prices. The American Housing and...

  • The Deficit Is Heading to $1 Trillion. How Worried Should We Be?

    By Michael Rainey

    Should we be worried about the rising federal deficit? If not, when should we start worrying – when it hits $1 trillion a year? $2 trillion? Never? That’s the topic of debate in a Bloomberg piece...

  • U.S. President Trump participates in tour of U.S.-Mexico border wall prototypes near Otay Mesa Port of Entry in San Diego, California

    Why Trump May Opt for a Shutdown

    By Michael Rainey

    President Trump’s abrupt criticism of a key spending bill yesterday has some political prognosticators saying there’s a real possibility of a government shutdown in the next 10 days. The Senate bill...

  • 42. District of Columbia

    Deficit Soaring in 2018

    By The Fiscal Times Staff

    The federal deficit was 32 percent larger in the first 11 months of fiscal year 2018 than it was during the same time period in 2017, the Congressional Budget Office announced Monday. The deficit...

  • The Cost of War Since 9/11

    By Michael Rainey

    The wars in Afghanistan, Iraq and Syria have cost the U.S. more than $1.5 trillion, according to Department of Defense data reported by CNCB Monday. The Pentagon report covers war-related operational...

  • Brady Ryan GOP Tax Plan

    Tax Cuts 2.0: What’s in the GOP Plan and Why It Matters

    With an eye toward November’s midterm elections, House Republicans on Monday unveiled legislation to make permanent the individual tax cuts and pass-through business deductions that were set to...

  • FILE PHOTO: The Team MIT Atlas robot "Helios" built by Boston Dynamics opens a door during the finals of the Defense Advanced Research Projects Agency (DARPA) Robotic Challenge in Pomona, California

    Pentagon Investing Billions in Next-Generation AI

    By Michael Rainey

    The Defense Advanced Research Projects Agency, known as DARPA, plans to spend more than $2 billion over the next five years to develop artificial intelligence technologies for military use. DARPA...

  • Former U.S. President Barack Obama speaks at the University of Illinois Urbana-Champaign

    Obama: 'Suddenly Deficits Do Not Matter'

    Former President Barack Obama stepped back into the political fray on Friday, delivering a blistering rebuke of President Trump and the Republican Party while signaling how he plans to campaign on...

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