Bipartisan 'Bucket of Garbage' Budget Bill Contains $50 Billion in Special Interest Tax Breaks
On their own, some of those tax breaks might be defensible. Dumping them into a must-pass budget bill is not.
On their own, some of those tax breaks might be defensible. Dumping them into a must-pass budget bill is not.
Donald Trump, Democrats, and Republicans agree on trillion-dollar deficits for as far as the eye can see.
Budget negotiations offer lawmakers the opportunity to ditch tax carve-outs and cut spending.
The president doesn't understand the difference between a budget deficit and a trade deficit.
The Department of Education alleges the universities' research is discriminatory against certain religions.
An ever-growing military budget is yet another illustration of the GOP's abandonment of small-government principles. And Democrats aren't any better.
Governing puts together a database of cities and towns addicted to money from fines and forfeitures.
The idea that "deficits don't matter" has been growing among Trump-supporting Republicans. Democrats are preparing to take full advantage.
As debt soars, federal payments to service the debt will crowd out the government's core spending responsibilities.
CNN doesn't think Americans deserve to hear potential presidents asked about the national debt.
Presidential candidates promise expensive new programs. We added up the cost.
While the president was launching yet another culture war, the combatants were agreeing to blow the federal budget sky high.
Members of Congress are well aware of the looming threat of the $22 trillion (and growing) national debt, but seem incapable of doing anything except making it worse.
Trump's 2018 commitment that he would never sign a massive spending deal ever again was fake news.
The House Freedom Caucus could reverse its trend towards irrelevancy by successfully swaying Trump to turn against the new budget deal.
If President Donald Trump signs the deal into law, he will have authorized a 22 percent increase in federal discretionary spending during his first term in office.
A new book gives insight into Amash's breakup with the Republican Party, which was well underway before Amash said Trump should face impeachment proceedings.
In a few countries, legislators have enacted policies that actually constrain spending. The U.S. has a lot to learn.
The federal budget situation used to be an emergency. What happened?
A new audit reveals how poor oversight and structural problems allowed one Oakland cop to earn $2.5 million in overtime pay in five years.
What's the point of a "limited government" bloc that doesn't limit government?
Making infrastructure funds fun again!
Trump's budget projects 10 straight years of 3 percent growth. If this forecast fails to materialize, it will make the budget deficits worse than projected.
Once you get past the rosy economic expectations, it's clear that Trump's budget is not a serious effort at fiscal restraint.
The trouble with President Trump's new budget.
The White House's budget proposal would subject E-cigarettes and vaping products to a new "user fee," but it's really just a tax.
The FIRST STEP Act called for $75 million for reentry programs. It's not listed in the White House's summary.
The administration's new $1 trillion infrastructure plan is light on both details and free market reforms.
And the real outcome is likely to be worse, since the budget relies on overly rosy assumptions about future economic growth.
Democratic mega-proposals, GOP budgetary fictions, prostitution decriminalization surprises, and Zardoz moments galore
The budget will take 15 years to balance and envisions trillion-dollar deficits through 2022, even with rosy economic assumptions.
Incredibly, the White House is trying to pitch this chicanery as an exercise in fiscal responsibility. Congress shouldn't buy it.
The FIRST STEP Act was supposed to get $75 million to fund reentry programs and job training. That's missing from the budget bill being voted on Thursday.
Unless we make some big changes, things won't get much better.
The legislative branch is failing its basic constitutional duties, out of cowardly fear of a blustery president.
In the long term, deficit-financed tax cuts would be a drag on the economy.
Just days after the latest CBO projections showed the deficit getting worse, Congress signs off on another bi-partisan spending increase.
The federal government has run up a deficit of $684 billion this year. The CBO predicts that number will exceed $1 trillion in 2019.
Democrats will oppose anything Trump wants, unless it's more money for the Pentagon.
The really scary thing is that even the CBO's more accurate assessment is also based on unlikely assumptions.
Even the suggestion that defense spending could be cut is enough to scare most Republicans away from a facing fiscal reality.
Do Republicans have the guts to impose strict spending caps?
As Paul Ryan exits, a new CBO report confirms the extent of the GOP's damage to the nation's budget.
The Congressional Budget Office is about to release a report. Spoiler alert: It won't be pretty.
Thanks to Congress and President Trump, budget deficits will only mushroom.
Congress kneecapped minor league ballplayers' lawsuit with last week's omnibus bill. Even if that was the right thing to do, the way it was done is wrong.
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