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The GM strike could be almost over

Oct 17, 2019

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How much do government shutdowns really cost?

by Sabri Ben-Achour Sep 27, 2019
Many indirect costs are not counted in official estimates.
Protesters hold signs during a protest rally by government workers and concerned citizens against the government shutdown on Friday, Jan. 11, 2019 at Post Office Square near the Federal building, headquarters for the EPA and IRS in Boston. The rally was organized by The American Federation of Government Employees. New England has 516 EPA employees that is now down to a staff of 22.
JOSEPH PREZIOSO/AFP/Getty Images
Government shutdown 2019

How the shutdown is impacting federal workers

by Janet Nguyen Dec 27, 2018
“The longer it lasts, the harder it’s going to be on myself and many, many others,” one contractor told us.
A view of the U.S. Capitol.
NICHOLAS KAMM/AFP/Getty Images

CAT bonds could be key to paying for wildfire losses

by Janet Babin Dec 10, 2018
Some urge FEMA to issue a catastrophe bond to help pay for wildfire recovery.
Firefighters battle flames at a burning apartment complex in Paradise, north of Sacramento, California, on Nov. 09.
JOSH EDELSON/AFP/Getty Images

USPS $3.9 billion from being in the black

by Jed Kim Nov 15, 2018
The U.S. Postal Service lost almost $4 billion during the 2018 fiscal year.
Joe Raedle/Getty Images

About those tax cuts that are supposed to pay for themselves

by Kimberly Adams Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as…
Senate Majority Leader Sen. Mitch McConnell listens during a news briefing after a weekly Senate Republican policy luncheon Oct. 10, 2018. McConnell blames the budget deficit on social security and Medicare.  
Alex Wong/Getty Images

About those tax cuts that are supposed to pay for themselves

by Kimberly Adams Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as…
Senate Majority Leader Sen. Mitch McConnell listens during a news briefing after a weekly Senate Republican policy luncheon Oct. 10, 2018. McConnell blames the budget deficit on social security and Medicare.  
Alex Wong/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…

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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…

How Nobel Prize winner Paul Romer redefined economics

by , and Oct 8, 2018
Economists comment on what makes Romer’s views unique.
“I’ve been really disappointed that we just haven’t had the kind of political environment where we can think about speeding up technological progress,” Paul Romer said Monday.
ERIC PIERMONT/AFP/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