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Trump's WTO KO

Dec 12, 2019
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The GOP lost the budget fight ... again

by Kai Ryssdal, Andie Corban, and Sean McHenry Jul 24, 2019
John Harwood of CNBC explains why Republicans "support spending cuts in theory" but have a hard time getting there in practice.
Treasury Secretary Steven Mnuchin, above, and House Speaker Nancy Pelosi, D-Calif., negotiated a budget deal this week that increases federal spending.
Juan Mabromata/Getty Images

Should low-income workers without kids get expanded tax credits?

by Ben Bradford May 31, 2019
An expanded earned income tax credit has been floated by a number of Democratic presidential hopefuls.
New tax season, new rules but same amount of refund?
DNY59/iStock/Getty Images Plus
Government shutdown 2019

Can Congress fix the broken process that governs government spending?

by Kimberly Adams Nov 29, 2018
A bipartisan committee has spent nearly a year trying to come up with a better way to do things
The U.S. Capitol is seen in Washington, DC on Jan. 22, 2018 after the U.S. Senate reached a deal to reopen the federal government, with Democrats accepting a compromise spending bill.
MANDEL NGAN/AFP/Getty Images

How much U.S. debt is too much?

by Tracey Samuelson Oct 16, 2018
Balancing the federal budget is a bigger deal for politicians than economists.
The United States could simply make more money to pay its bills, said Stephanie Kelton, an economics professor at Stony Brook University. But taken to an extreme, that could lead to higher inflation.
Mark Wilson/Getty Images

How much U.S. debt is too much?

by Tracey Samuelson Oct 16, 2018
Balancing the federal budget is a bigger deal for politicians than economists.
The United States could simply make more money to pay its bills, said Stephanie Kelton, an economics professor at Stony Brook University. But taken to an extreme, that could lead to higher inflation.
Mark Wilson/Getty Images

Federal deficit rises to six-year high following last year's tax cut

by Ben Bradford Oct 16, 2018
The U.S. government is spending more and taking in less. The Treasury Department reported on Monday that the federal deficit has increased this past budget year to $779 billion, the largest deficit since 2012. The biggest culprit is last year’s…

Federal deficit rises to six-year high following last year's tax cut

by Ben Bradford Oct 16, 2018
The U.S. government is spending more and taking in less. The Treasury Department reported on Monday that the federal deficit has increased this past budget year to $779 billion, the largest deficit since 2012. The biggest culprit is last year’s…

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Critics of FAA reauthorization bill say it fails to address major upgrades to air traffic control system

by Renata Sago Sep 19, 2018
Congress has pushed off deadlines for the reauthorization bill, but the next one is at the end of September.
A jet makes an evening landing June 21, 2001 at Los Angeles International Airport. 
David McNew/Getty Images

It's use-it-or-lose-it season in Washington

by Nancy Marshall-Genzer Sep 18, 2018
Every year at this time, federal agencies scramble to spend down their budgets.
It's September, spendathon time in Washington, D.C.
NICHOLAS KAMM/AFP/Getty Images

Defense authorization act would boost military spending, but can it be sustained?

by Renata Sago Aug 13, 2018
President Donald Trump heads to upstate New York on Monday to sign one of the largest military budgets in the nation’s history. The $716 billion John S. McCain National Defense Authorization Act  pours money into pay, training and equipment maintenance,…
President Donald Trump speaks to members of the military at Joint Andrews Air Force base, Maryland, on Sept. 15, 2017.
MANDEL NGAN/AFP/Getty Images