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

    Is Trump’s Farmer Bailout Legal?

    By Michael Rainey

    Senior Trump administration officials are reportedly concerned that the president’s $28 billion bailout for farmers hurt by his trade war exceeds the limits of the Commodity Credit Corporation, the...

  • Mark Sanford speaks at the LPAC conference in Chantilly, Virginia

    Trump Gets a Fiscally Focused Challenger

    By Michael Rainey

    Mark Sanford announced Sunday that he is running for president, becoming the third Republican to challenge President Trump for the nomination in 2020. The former South Carolina congressman said he...

  • Damage caused by Hurricane Michael is seen in Mexico Beach

    Billions in Disaster Aid Still Waiting to Be Spent

    By Michael Rainey

    The U.S. has allocated more than $100 billion since 2017 to help cities and states rebuild after natural disasters, but most of the money remains unspent. “As of June 30, the government had spent...

  • Op-Ed of the Day: Fighting the Next Recession Now

    By The Fiscal Times Staff

    Jason Furman, the former chairman of the White House Council of Economic Advisers under President Obama, has some advice for Congress: Start preparing for the next recession now. In a Wall Street...

  • Senator Shelby (R-AL) speaks to reporters after a vote in Washington

    With Shutdown Deadline Approaching, Congress Has Lots of Budget Work to Do

    The Senate’s sprint to the end of September will start next week. When lawmakers return from their recess, they’ll have a long to-do list, and relatively little time to deal with some key items —...

  • U.S. President Trump participates in tour of U.S.-Mexico border wall prototypes near Otay Mesa Port of Entry in San Diego, California

    The Border Wall Fight Is Coming Back

    The fight over funding for President Trump’s border wall looks set to resume. As lawmakers work on allocating federal funding for fiscal 2020, Senate Republicans are reportedly looking to divert...

  • January 9, 2015

    The Soaring Cost of Trump’s Air Force One

    By Michael Rainey

    A few weeks before taking office, President-elect Donald Trump publicly criticized the effort to build new Air Force One jets, declaring that the program’s high projected costs were a problem that he...

  • The President and Congress Are Fiscal Swamp Monsters

    By Ivan Eland

    All the recent talk in the political media has been about ideological division and partisan rancor, yet the results when progressives and nationalists and Democrats and Republicans agree should also...

  • U.S. President Trump speaks about shootings in El Paso and Dayton at the White House in Washington

    Trump Cut Funding to Fight Domestic Terrorism: Reports

    The mass shootings in El Paso and Dayton that left at least 31 dead have raised questions among lawmakers and former officials about the Trump administration’s efforts to thwart domestic terrorism,...

  • When the Social Safety Net Is a Smart Investment

    By Michael Rainey

    Social welfare programs in the U.S. are sometimes seen as expenses that lawmakers should attempt to minimize, but a new paper from two economists at Harvard University shows that some programs...

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