Budget Battles
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Shocking Health Care Statistic of the Day
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Ready to Rumble: How Pelosi’s Drug Bill Sets Up Dems for 2020
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Increasing Number of Americans Delay Medical Care Due to Cost: Gallup
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Congress Really Wants to Get Something Done on Drug Prices. It May Fail Anyway
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Surprise Deal to Protect Patients From Surprise Medical Bills
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Obamacare Back at the Supreme Court — With Billions for Insurers on the Line
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The Rising Tide of Health Care Costs
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Judge Blocks Trump Plan to Divert $3.6 Billion in Military Funds to Border Wall
A federal judge in Texas on Tuesday blocked the Trump administration’s plan to divert $3.6 billion in military funds toward construction of barriers along the border with Mexico. District Court Judge...
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$738 Billion Defense Bill Authorizes Space Force and New Benefits for Federal Workers
By Michael RaineyIt looks like Space Force has earned its wings. The leaders of the House and Senate Armed Services Committees announced late Monday an agreement on the 2020 National Defense Authorization Act, which...
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The Terrible Cost of the War in Afghanistan
The war in Afghanistan is the longest armed conflict in U.S. history, and throughout the 18 years of fighting, U.S. officials have publicly said they were making progress. Yet a new investigative...
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The Fiscal Challenge for the Next Recession
The federal budget deficit for fiscal year 2019 was nearly $1 trillion. “In the next downturn, don’t be surprised if this number hits $2 trillion,” writes Nick Timiraos, The Wall Street Journal’s...
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Is Trump's $28 Billion Bailout Paying Farmers Too Much?
By Michael RaineyThe Trump administration is spending $28 billion to bail out farmers hurt by the president’s trade war with China – a huge sum that some experts say overestimates the economic losses inflicted by the...
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New Trump Food Stamp Rule Will Cut 700,000 from Program
By Michael RaineyThe White House said Wednesday that it has finalized a rule that will tighten work requirements for participants in the Supplemental Nutrition Assistance Program, or SNAP. The new rule could result...
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Navy Awards Largest Shipbuilding Contract Ever
By Michael RaineyThe U.S. Navy awarded a contract Monday worth more than $22 billion to build nine new attack submarines. The agreement with General Dynamics Electric Boat includes an option for a 10 th sub, which...
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On Congress’s To-Do List: Prevent a Shutdown in 18 Days
Congressional appropriators back from their Thanksgiving recess have just three weeks to hammer out details on dozens of policy differences over federal funding for fiscal year 2020, which started on...
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Chart of the Day: Record Low Poverty Rate
By Michael RaineyThe extensive array of government assistance programs — including Social Security, unemployment insurance, veterans’ benefits, nutritional aid, rental assistance and the Earned Income Tax Credit —...
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Trump Scores a Win From NATO, but Fireworks Ahead
By Michael RaineyAhead of NATO’s 70th-anniversary meeting in London this week, Secretary-General Jens Stoltenberg announced last Thursday that the U.S. will contribute less to the alliance’s relatively small central...
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In Border Wall Fight, Dems Say GOP Is Pursuing Same Path That Led to Shutdown
The Senate fight over funding President Trump’s border barriers is heating up. Senate Democratic leaders are urging Senate Majority Leader Mitch McConnell and Senate Appropriations Chairman Richard...
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Recent Government Shutdowns Cost $4 Billion
By Michael RaineyThe last three government shutdowns cost the government about $4 billion and more than 56,000 years in lost productivity, according to a new bipartisan report. The Senate Homeland Security and...
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Get Ready to Rumble! Funding Fights Loom Large in the Senate
The House is expected to consider a short-term stopgap spending bill this week to fund the government until shortly before Thanksgiving and avoid a government shutdown when the new fiscal year starts...
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Are Tax Cuts or Spending Hikes Driving the Deficit?
By Michael RaineyRepublican tax cut enthusiasts are generally unwilling to link the 2017 Tax Cuts and Jobs Act to the rapidly growing federal deficit, preferring instead to point the finger at spending increases that...
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Germany Mulls a ‘Shadow Budget’ to Add Debt
By Michael RaineyWith its economy on the verge of recession and interest rates at historical lows, German officials are looking into ways to evade the strict limits placed on federal spending. Germany’s so-called “...
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