Budget
  • FILE PHOTO: California Governor Brown speaks in Sacramento

    Four States That Will Founder When the Next Recession Hits

    By Orphe Divounguy

    While the U.S. is enjoying stock market highs and steady GDP growth, the current economic expansion — which is currently in year 10 — can’t last forever. Many economists predict the next recession...

  • 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...

  • Presidente dos Estados Unidos, Donald Trump em coletiva de imprensa na Casa Branca, em Washington, EUA

    Business Economists Diss Trump’s Policies

    Business economists are less than bullish on the effects of President Trump’s economic policies. A semiannual survey by the National Association for Business Economics found that: Tariffs are hurting...

  • Military Parade at Trump Inauguration

    Trump Cancels His Military Parade as Costs Soar

    By Michael Rainey

    President Trump said Friday that he has canceled plans for a military parade in Washington this fall amid reports of rapidly rising costs. On Thursday, an unnamed source at the Pentagon told CNBC...

  • Top White House economic adviser Larry Kudlow speaks at the White House in Washington

    Is This an Economic Boom or Just a Blip?

    By Michael Rainey

    Most mainstream economists think the booming GDP growth recorded in the fourth quarter will ease toward the end of the year, but President Donald Trump’s chief economic adviser Larry Kudlow says...

  • Why Children Lose Out in the Federal Budget

    By Michael Rainey

    The federal government spends much less on children than it does the elderly, with the latter claiming roughly 35 percent of the annual budget. The disparity is driven in part by the government’s...

  • A red traffic light stands in front of the U.S. Capitol building in Washington

    Spending Caps Could Come Roaring Back in 2020

    By Michael Rainey

    Congress has busted through its self-imposed spending caps for this year and next, enabling the government to spend billions more that the limits imposed by the Budget Control Act of 2011. The...

Budget Directory

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