federal spending

Idaho cut reimbursement rates for doctors and other providers who treat Medicaid patients, and pediatric practices are already selling off or taking steep pay cuts to survive. It could be a sign of things to come.

The 51-48 vote came after 2 a.m. Thursday after Democrats sought to remove many of the proposed rescissions.

Usually, the federal government spends to help people through recessions. Now, “there will be far less attempt to cushion the effects,” said political economist Mark Blyth.

Cutting these jobs indiscriminately will “substantially damage the economy,” experts say.

The Soybean Innovation Lab addressed poverty in sub-Saharan Africa, but it was also “a huge opportunity” for U.S. growers, says Peter Goldsmith of the University of Illinois.

Government spending is built into the formula for calculating GDP.

Spurred by tax cut policy, backers of “dynamic scoring” want the math to include wider economic benefits, not just implementation costs.

About 3 million retirees would get full benefits in addition to pensions. As a result, Social Security could hit insolvency earlier.

“Marketplace’s” Kai Ryssdal visits a low-income district of the tourist mecca, where a federal grant will improve transportation and safety.

You need the courage to make cuts, the wisdom to negotiate and luck, says Linda Bilmes, who worked in the Clinton administration.