Budget
  • 28 Days Later: The Government Shutdown Horror Story Continues

    If the partial government shutdown was a horror movie, it could now be called “28 Days Later.” We’re rapidly closing in on the one-month mark for the partial government shutdown, and developments...

  • U.S. Capitol is photographed behind a chain fence in Washington

    Shutdown Could Be a Hint of Things to Come

    By Michael Rainey

    As long as the current government shutdown ends within the next few weeks, the cost to the overall economy should be relatively modest, says Andrew Hunter of Capital Economics. Much of the lost...

  • U.S. President Trump participates in the Missile Defense Review announcement at the Pentagon in Arlington, Virginia

    Trump Strikes Back at Pelosi, Blocking Her Overseas Trip

    Friday will be day 28 of the partial government shutdown, but Thursday’s developments offered little hope that closed federal departments and agencies would be reopening soon — and little to allay...

  • The Great Debt Debate

    By Michael Rainey

    We told you last week about a new paper from economist Olivier Blanchard that caused a stir by suggesting that government debt may be less problematic than many experts have believed. Blanchard found...

  • Federal Workers Have Missed an Average $5,000 in Pay So Far

    By Michael Rainey

    Government employees who are not receiving paychecks during the shutdown have lost about $5,000 each on average so far, according to an analysis by The New York Times. In total, the missing pay comes...

  • Space Force to Be Part of the Air Force: Report

    By Michael Rainey

    Military leaders are planning to propose to house the Space Force within the U.S. Air Force, according to internal documents reviewed Thursday by Defense News . The Air Force would maintain oversight...

  • Trump Administration Moves to Tighten Work Requirements for Food Stamps

    By Michael Rainey

    The U.S. Department of Agriculture proposed a new rule Thursday that would make it harder for states to waive work requirements for some food stamp recipients. The proposal comes after stricter work...

  • U.S. President Trump arrives for an agriculture bill signing in Washington

    Trump Blows Up Budget Deal as Shutdown Looms

    By Michael Rainey

    A government shutdown at midnight Friday is looking more likely. Following a meeting Thursday at the White House, House Speaker Paul Ryan (R-WI) said President Trump will not sign the latest short-...

  • FILE PHOTO: Office of Management and Budget (OMB) Director Mick Mulvaney speaks to the media at the U.S. Consumer Financial Protection Bureau (CFPB), where he began work earlier in the day after being named acting director by U.S. President Donald Trump

    No Name Change for the Consumer Financial Protection Bureau

    By Michael Rainey

    It looks like the Consumer Financial Protection Bureau is sticking with its name. Back in March, former acting CFPB chief Mick Mulvaney – who is now serving as President Trump’s acting White House...

  • FILE PHOTO:  U.S. Senate Majority Leader Mitch McConnell speaks at a Harden County Republican party fundraiser in Elizabethtown, Kentucky, U.S. on June 30, 2017. REUTERS/Bryan Woolston/File Photo

    McConnell’s Plan to Avoid a Shutdown

    By Michael Rainey

    Senate Majority Leader Mitch McConnell (R-KY) on Wednesday introduced a short-term spending bill that would avert a partial government shutdown at midnight on Friday. The bill which would keep the...

Budget Directory

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