Budget
  • Congressional Corrosion Prevention Caucus

    The Pentagon's $21 Billion Rust Problem

    By The Fiscal Times Staff

    “Rust costs the Pentagon more money annually than many of its most expensive weapons systems—up to $21 billion per year, according to a Defense Department-commissioned audit released in March,” Next...

  • U.S. President Trump tosses rolls of paper towels to people at a hurricane relief distribution center at Calvary Chapel in San Juan

    Trump Wants to Cut Off Hurricane Maria Relief Funds for Puerto Rico: Report

    By Michael Rainey

    President Donald Trump reportedly wants to stop providing federal relief funds to Puerto Rico for recovery efforts related to Hurricane Maria. Axios’ Jonathan Swan reports that Trump is convinced – “...

  • Chart of the Day: How Taxes and Transfers Affect US Incomes

    By Michael Rainey

    A new analysis of the distribution of household income by the Congressional Budget Office shows how taxes and means-tested transfers such as Medicaid and food stamps affect US incomes. “The combined...

  • FILE PHOTO: A combine drives over stalks of soft red winter wheat during the harvest on a farm in Dixon, Illinois

    Improving Odds for the Farm Bill

    By The Fiscal Times Staff

    The Farm Bill has been held up by a dispute over new work requirements for the Supplemental Nutrition Assistance Program, or SNAP, among other issues. House Republicans passed a bill that includes...

  • U.S. President Trump talks to reporters as he departs the White House in Washington

    Build That Wall? The Next Budget Battle Ahead

    By Michael Rainey

    Congress reconvenes for a lame-duck session next week and funding for President Trump’s border wall with Mexico will be front and center as lawmakers turn to unsettled budget items for the current...

  • The Air Force’s $1,280 Coffee Cup

    By Michael Rainey

    Keeping a cup of coffee hot can be a pricey proposition if you happen to serve on a U.S. Air Force transport jet. Crew members on more than 300 KC-10, C-5 and C-17 aircraft use specially designed...

  • Spain in recession as austerity bites deep

    Bond Traders Shrug Off Massive Debt Auctions

    By Michael Rainey

    The U.S. Treasury is issuing $276 billion in debt this week as the deficit continues to soar in the wake of the tax cuts and higher government spending this year, with some specific bills and notes...

  • Senators Warn Against Bringing Back Earmarks

    A group of nine Republican senators and one Democrat is pushing back against the potential return of congressional “earmarks,” those spending items or tax and tariff benefits targeted to a specific...

  • 3) California

    Kansas or California as a Model for America’s Future Growth?

    By The Fiscal Times Staff

    If you had to choose either Kansas or California to serve as a model for America’s future growth, which would it be, Bloomberg’s Barry Ritholtz asks . The answer, he argues, is obvious — yet...

  • Senator Harris questions DHS Secretary Nielsen during Senate Homeland Security and Governmental Affairs Committee hearing in Washington

    Kamala Harris' Trillion-Dollar Tax Plan

    By Michael Rainey

    Republicans aren’t the only ones coming up with trillion-dollar tax plans. California’s Kamala Harris, a rising Democratic star in the Senate, released a proposal Thursday to repeal the $1.9 trillion...

Budget Directory

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