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United States federal budget

An older white man in a long black coat walks

Foreign aid cuts could make US less secure

Trump administration

The White House put out its annual spending blueprint Monday, and once again, the Trump administration proposes dramatically slashing funding for foreign aid.

Solar panels

Pols talk tough on climate change, but boost funds for renewable energy

Global Politics

Latest figures say U.S. deficit declining, economy improving

Global Politics

Conservative, liberal groups join in opposition to farm bill proposals

Environment

Senate passes extension of payroll tax, unemployment benefits

Global Politics

Reports: Deficit super committee fails to reach agreement

Global Politics

The Super Committee in Congress was supposed to rise above the partisan divide and find a way forward for the necessary deficit reduction in Congress, but now signs indicate that the group of 12 senators and representatives have failed.

Debt ceiling outcome’s effect on the middle-class

Business, Economics and Jobs

The changes being discussed in Washington will have a profound impact on the incomes and lifestyles of middle-class Americans.

The National Debt

Business, Economics and Jobs

The U.S. national debt is now well above 9 trillion dollars — Andrew Yarrow thinks this is not just bad economic policy, but also a moral issue.

Boehner Puts Forward Fiscal Cliff Counter Offer

On behalf of the House Republicans, Majority Leader John Boehner has offered a $2.2 trillion plan to avoid the fiscal cliff. The Republican offer calls for $1.4 trillion in spending cuts and $800 billion in new revenue, from savings on Medicare and Medicaid and closing additional loopholes. President Obama and the Democrats are looking to […]

Obama’s Budget Reflects Reelection Agenda

President Obama presented his 2013 budget to Congress on Monday that includes $1.5 trillion in new taxes over the next ten years for the wealthiest taxpayers, closing some corporate tax breaks, and allowing Bush-era tax cuts to expire. However, it’s not all cuts: the budget outlines increased spending for infrastructure projects, job-training, and innovation. Overall, […]