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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.
What are some potential obstacles that await Democrats as they prepare to implement the Inflation Reduction Act?
Nicholas Kamim/AFP/Getty Images
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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
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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
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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 taxes. Seems we’re paying the price for one of the biggest tax cuts in history, […]
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
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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 taxes. Seems we’re paying the price for one of the biggest tax cuts in history, […]
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
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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 Republican-backed tax overhaul, which cut tax rates for businesses and individuals. The tax law likely […]
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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 Republican-backed tax overhaul, which cut tax rates for businesses and individuals. The tax law likely […]
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How Nobel Prize winner Paul Romer redefined economics

by Sabri Ben-Achour
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
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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
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Kraninger closer to confirmation as consumer bureau chief

by Renata Sago
Aug 24, 2018
A career civil servant with little banking industry experience, Kathy Kraninger, tapped by the Trump administration to lead the Bureau of Consumer Financial Protection won the approval of the Senate Banking Committee in a party line split vote. Next, the full Senate will vote to approve her. Click the audio player above to hear the […]
Kathleen Kraninger briefing at the Washington Foreign Press Center on the "Launch of Electronic System for Travel Authorization (ESTA)."
Courtesy of Foreign Press Centers
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