Get ready for President-elect Biden to join forces with big spending Republicans.
If we can't trim the Pentagon's budget this year, will we ever?
How to slow massive and unchecked national deficits in an age of runaway spending and divided government.
Trump plans to steal less of other people’s cash then Biden does, though neither has any serious suggestions for paying for their spending schemes.
There's a fox, a goose, and a bag of grain. And a hippopotamus in the middle of the river.
The president's erraticism and Senate Republican opposition might save taxpayers from having to shell out for another 10-digit relief package.
Democrats and the White House Were Nearing an Agreement on Renter, Homeowner Assistance. Then Trump Tweeted.
House Democrats had approved $71 billion in assistance to homeowners and renters. The White House said it would agree to $60 billion. Now they'll get $0.
It is an abrupt reversal for Trump, who as recently as Saturday had voiced his support for another stimulus package.
Even without further spending increases, the Congressional Budget Office projects that the national debt will hit 107 percent of GDP in 2023.
Democrats are proposing $3 trillion.
The Congressional Budget Office says the deficit will hit $3.3 trillion this year. The national debt will exceed the size of America's gross domestic product for the first time since the end of World War II.
Whether Biden or Trump wins this November, we're in for big, unaffordable government. How much bigger and how unaffordable are the only real questions.
Plus: Uber, Lyft threaten to suspend California operations following court decision; New Zealand reimposes lockdown measures in response to new COVID-19 cases; and Kamala Harris's hawkish foreign policy
San Francisco Judge Rules Drivers With Ride-Sharing Companies Are Employees. Uber Warns It'll Have To Raise Prices By as Much as 111 Percent.
Plus: Federal government spent $250 billion on expanded unemployment benefits, Joe Biden's V.P. pick is "imminent," and Ben Shapiro takes on Cardi B
There is no state that will weather the COVID-19 pandemic without making difficult decisions. But the revenue hit will be less severe in places that were being thrifty and vigilant.
The Next Coronavirus Stimulus Plan: More Spending, Smaller Unemployment Benefits, and Tax Breaks for Going Out To Eat
Senate Republicans announced Monday that the federal government will pay an additional $200 per week in unemployment benefits. The $600 per week benefits boost will expire on July 31.
Did Trump's Coronavirus Stimulus Save 51 Million Jobs? The Claim Relies on Shaky Math and Questionable Economics.
Even if it's true, taxpayers paid $58,000 for each saved job.
Debt held by the public equals about 100 percent of GDP. That's hurting growth and will fuel a major crisis.
As much as $1.4 billion might have been paid to deceased Americans. The IRS says that money must be returned.
The Next Coronavirus Stimulus Bill Is Here. It's a $3 Trillion Spending Plan That Bails Out States and the Post Office.
The new bill includes another round of stimulus checks for all Americans, funds additional coronavirus testing, and spends billions to bail out states and government agencies straining under pension debt.
Before spending another dollar, Congress should make sure someone is keeping an eye how the largest pile of government cash in American history is being spent.
New funding and new powers haven't made government bureaucracies more competent.
The libertarian-leaning congressman says the Paycheck Protection Program for small businesses discriminates against those that most need it.
The Next Stimulus: Infrastructure Week, Another Rural Broadband Boondoggle, and Maybe a Sports Bailout?
It's obvious that there will be more government spending in response to the coronavirus, but distinguishing the essential from the nice-to-have is more important than ever.
Senate Approves Fourth Round of Coronavirus Spending: $484 Billion for Small Businesses, Testing, Hospitals
The deal primarily sets aside $320 billion for the Paycheck Protection Program for small businesses.
And more coronavirus stimulus spending could send that number soaring higher.
Unclear terms, unrealistic loan forgiveness, a site unprepared for launch, and a bottomless demand for cash
Glenn Fine was abruptly removed from his post without explanation.
President Donald Trump, Majority Leader Mitch McConnell, and Speaker Nancy Pelosi all agree that a fourth spending bill will happen in April but are haggling over the cost.
The Club for Growth prides itself on holding lawmakers accountable "by publicizing their voting record." Except, well…not right now.
"Americans need fast, direct relief," says Justin Amash.
Last Week, the Public Transit Industry Asked for $12.8 Billion in Emergency Funding. The Senate GOP Relief Bill Gives Transit $20 Billion. House Dems Want $25 Billion.
The public transit bailout is spiraling out of control.
Lawmakers are still seeking a compromise.
It requires companies to allow its workers to take paid sick leave, unless the business employs more than 500 people. What?
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.
The president likes things big, so that apparently applies to government budgets too.
The Government Accountability Office says Trump's spending delay was illegal.
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.
Despite the failure, Pentagon officials are spinning the audit as a step in the right direction.
In three years in office, Trump has added more to the national debt than President George W. Bush did in his entire two terms.
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 idea that "deficits don't matter" has been growing among Trump-supporting Republicans. Democrats are preparing to take full advantage.