Biden Goes Out With a Bang in the Jobs Market
Here’s an evening update to kick off your weekend. Biden Goes Out With a Bang in the Jobs Market President Joe Biden is ...
Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
Good evening. The nation observed a day of mourning on Thursday, as former President Jimmy Carter’s funeral was held at the ...
$2 Trillion in Spending Cuts? Musk Now Says DOGE Might Get to $1 Trillion
Elon Musk has made some big claims about the potential savings to be won by the efficiency effort he is leading und ...
The Fiscal Times3d
Ozempic, Wegovy and Other Drugs Chosen for New Medicare Price Negotiations
Popular diabetes and weight-loss drugs Ozempic, Rybelsus and Wegovy are among 15 drugs selected by the Biden administration for a second annual round of Medicare price negotiations meant to bring ...
Trump Considers Declaring National Emergency for Tariff Rollout
Good evening. On this date in 1964, President Lyndon B. Johnson gave a State of the Union address in which he declared an ...
The Fiscal Times3d
National Debt Headed for Record as Trump Takes Charge
Happy Friday! We’re just a couple of days away from the inauguration of Donald Trump as the 47th president of the United States — and that swearing-in ceremony has now been moved indoors for ...
The Fiscal Times3d
National Debt Headed for Record as Trump Takes Charge
The U.S. is on track to add $22 trillion to the national debt over the next 10 years, the Congressional Budget reported Friday in its updated budget and economic outlook. A continuous chain of ...
The Fiscal Times9d
Extending Trump Tax Cuts Would Benefit Top Earners the Most: Treasury
As Republicans prepare to extend the 2017 Trump-era tax cuts that are currently scheduled to expire at the end of the year — or make them permanent — a new analysis by the Treasury Department ...
The Fiscal Times5d
Trump’s Budget Chief Previews Constitutional Clash Over Spending
Happy Wednesday! President Joe Biden and President-elect Donald Trump each announced a ceasefire deal between Israel and Hamas today after more than 15 months of devastating violence in the Middle ...
The Fiscal Times4d
Trump’s Treasury Pick Warns of ‘Economic Calamity’ if Tax Cuts Expire
At his confirmation hearing before the Senate Finance Committee on Thursday, Treasury Secretary nominee Scott Bessent defended President-elect Donald Trump’s economic proposals for tax cuts and ...
Republicans Want Strings Attached to California Disaster Aid
Trump’s directive may help create consensus on the issue, but many Republicans — particularly those from red states — still oppose the idea of lifting the cap. Budget watchdogs also dislike raising ...
The Fiscal Times5d
Trump’s Pick for Budget Chief Previews Fight Over Spending
The Senate on Wednesday ramped up its consideration of President-elect Donald Trump’s Cabinet picks, holding six confirmation hearings, including for Sen. Marco Rubio, nominated to be secretary ...