The coronavirus is going to crater tax revenues and hike spending. And the Congressional Budget Office says the deficit was going to exceed $1 trillion even before all that.
It requires companies to allow its workers to take paid sick leave, unless the business employs more than 500 people. What?
The disease will leave behind a residue of laws, spending, and precedents for future government actions.
The House bill seems to be more focused on leveraging political points than fighting coronavirus. Republicans can relate.
If it works at all (and it usually doesn't), a fiscal stimulus is meant to boost demand. The biggest potential economic problem from coronavirus has to do with supply.
There was a deficit of debt talk at the conservative conference.
Instead of taking a little off the top, Trump needs to give farm subsidies a buzz cut.
"Absent policy changes, the federal government continues to face an unsustainable long-term fiscal path," America's top auditor warns. But is anyone listening?
Federal outlays per person have increased $1,441 since 2016, to a grand total of $14,652 per person.
It’s a testament to fiscal irresponsibility.
Plus: Josh Hawley's latest terrible idea, sex work divides NOW, Gary Johnson's 2020 endorsement, and more...
The federal government is not a good steward of your money.
The president likes things big, so that apparently applies to government budgets too.
The "Moving Forward Framework" includes some sensible reforms alongside expensive, dubious policy proposals.
The Government Accountability Office says Trump's spending delay was illegal.
America will have to pay for its spending spree and its wars.
Federal budget deficits continue to grow despite a thriving economy
Neither party is serious about reining in spending. This is unsustainable.
Kansas City wants everyone except bus riders to pay for bus rides.
This is why we can't have serious conversations about government spending.
Budget negotiations offer lawmakers the opportunity to ditch tax carve-outs and cut spending.
But at least they had enough tax dollars left over to buy a Bob Dylan-made sculpture for the U.S. embassy in Mozambique, and to get zebrafish addicted to nicotine in London.
The Homes for All Act misdiagnoses the roots of the country's housing problems, then adds a boundless faith in the feds' ability to solve them.
Despite the failure, Pentagon officials are spinning the audit as a step in the right direction.
Episode 8 of Free Speech Rules by UCLA Law Professor Eugene Volokh
Dramatic increases in federal spending will not “unlock access” for the poor. It will only help those with the right connections.
The Democratic candidates are making promises they can’t deliver.
In three years in office, Trump has added more to the national debt than President George W. Bush did in his entire two terms.
The entrepreneur argued instead for a federal universal basic income proposal that would provide every American $1,000 a month.
If Trump threatened to withhold aid funds in order to pressure Ukraine into investigating Joe Biden and his son, he undermined Congress' power of the purse. It's an important aspect of the Ukraine scandal that has so far been largely ignored.
Climate strikes, "Medicare for All," national security whistleblowers, and Canadian blackface scandals are all distractions from D.C.'s core function: spending more money than we have.
The progressive agenda assumes that no amount of taking will ever lead to less earning.
What last week's town hall tells us about this week's presidential debate—and about the state of Democratic policy thinking
A new report from the Reason Foundation highlights some of the worsening conditions of America's roadways.
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.
Never before have presidential candidates offered so many giveaways.
And it's actually kind of great.
Presidential candidates promise expensive new programs. We added up the cost.
Both the House and the Senate want transit agencies to stop buying rolling stock from Chinese-owned companies.
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.
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.
Iran seizes British tanker, White House and Congress approach a budget deal, Bernie Sanders cuts campaign workers' hours, and more...
Reps. Earl Blumenauer and Thomas Massie have introduced a bill that would cut federal airport spending while giving airports more freedom to raise their money.
The Kentucky senator wants the Senate to consider offsetting spending cuts before approving limitless, automatic spending for the rest of the century.
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