Budget Battles
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Trump Taps Hedge Fund Mogul for Treasury Secretary
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Trump Picks a New Attorney General Nominee After Gaetz Withdraws
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Musk and Ramaswamy Outline Plan to Slash Federal Workforce
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Trump Picks TV’s Dr. Oz to Run Medicare and Medicaid
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Johnson Signals Plan for Looming Shutdown Deadline
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Trump Announces Another Shocking Cabinet Choice: RFK Jr. for HHS
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Trump’s Stunning Staffing Picks Set Off Political Shockwaves
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Want Your Own Home? Here’s How to Do the Math
By Cathy Curtis, CNBCIt seems nothing can stop Americans from wanting to buy their own homes. It's almost as if the credit crisis didn't happen, even though not too long ago we were bombarded daily with stories about...
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Budget Brawl Could Sideswipe Fed Plans to Taper
By Josh Boak, The Fiscal TimesThe Federal Reserve appears ready to tap the brakes on its monthly $85 billion bond-buying program, even though the jobs picture still looks dismal and an upcoming federal budget showdown could...
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How It Took 35 Years to Wreck the U.S. Economy
By Nick Gillespie, ReasonThe chart below put together by my frequent collaborator Veronique de Rugy is, simply put, terrifying. It shows the growth in inflation-adjusted federal outlays per capita. So what you're looking at...
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How to Build a Guard Rail around the Fiscal Cliff
By David M. Walker, The Fiscal TimesOp-ed : The “ fiscal cliff ” is quickly approaching, but President Obama, Gov. Romney, and Congressional leaders have not revealed their specific plans to avoid it – if they have one. Given that it...
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Fiscal Cliff Looms Large As Congress Leaves Town
By Eric PianinA highly unpopular Congress once again departs on a lengthy recess, leaving behind a mountain of unfinished work, including a farm bill amid one of the worst U.S. droughts in decades. One year after...
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S&P Downgrade: One Year Later, a Message Unheeded
Despite the high drama surrounding the rating cut, dramatically little has changed in terms of the fiscal and political issues S&P's announcement highlighted.
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10 ‘Kicked Cans’ That Can Send the U.S. Over the Cliff
By Josh Boak and Eric Pianin, The Fiscal TimesAmid all the mania about the government driving off the fiscal cliff early next year, there is the usual complaint about Washington putting off the kinds of reforms that would stop the federal budget...
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Bolting Bovine Replaces Germany's Oracle Octopus
By ReutersCould a runaway celebrity cow replace the late Paul the "oracle" octopus as the next animal with the ability to foretell the fortunes of Germany's national soccer team?
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Will Germany Swallow Inflation to Save the EU?
This weekend’s G-8 summit at Camp David, the U.S. president’s retreat, marks a big step for Europe in several different ways. After a couple of weeks of waffling, German Chancellor Angela Merkel now...
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Boehner to Dems: We Won’t Blink First on Debt Deal
By Eric PianinA year after the debt ceiling debacle, when the U.S. almost defaulted on the country’s debt, House Speaker John Boehner demanded in a speech at a fiscal summit that the next increase in the Treasury’...
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S&P Credit Risk from Highway Funding Delays
By Michelle Hirsch, The Fiscal TimesStandard & Poor's, which downgraded the U.S. crexdit rating last August after the government came close to defaulting on its debt, is now warning another credit crisis could occur unless the...
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Ryan’s Plan Could Decimate the Social Safety Net
By Eric PianinPieces of the social safety net could well be shredded if House Budget Committee Chairman Paul Ryan’s new budget plan ever gains support. Ryan is calling for deep cuts in Medicaid, food stamps and...
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How Obama Failed to Clinch the Debt Deal
By Peter Wallsten and Lori Montgomery Wp and Scott Wilson, The Washington PostDid Obama let a "grand bargain" on debt reduction slip through his fingers? This special report from the Washington Post tells an intriguing story of a bipartisan deal undermined by a politics and...
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Taxes to Abortion: Where Romney and Santorum Stand
By Eric Pianin and Michelle HirschAfter 20 debates and endless speeches, you would think voters would have a clear grasp of where Republican frontrunners Rick Santorum and Mitt Romney stand on the key issues, but think again. Here is...
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Eurozone Rescue Fund May Reach $2 Trillion
By The Fiscal Times StaffGermany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent further...