Growing Our Way Out Of Debt? Not Very Likely

The Trump Administration appears to think that the Budget Deficit and National Debt aren’t a big deal because we can just grow our way out of the problem. This is highly unlikely to happen.

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Trump’s Border Wall Faces Its Last Stand

This month’s budget fight is likely the last chance the President will have to get any funding for his border wall.

Trump Shrugs Off Reports Of An Approaching Debt Crisis

Trump has reportedly told aides that he doesn’t really care about reports of an approaching crisis of the budget deficit and national debt because he’ll be out of office before it becomes a problem.

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Fight Over Border Wall Funding Could Lead To Government Shutdown

A brewing fight over funding for the President’s border wall could throw a monkey wrench into plans to pass a budget by next Friday.

Politically, The GOP Tax Cut Has Been A Huge Bomb

Republicans passed a tax cut bill in December they hoped would help in the midterm elections. It has turned out to be a big dud.

Federal Budget Deficit Heads Back Up Under Republican Rule

Nearly two years into Republican control of Washington, the budget deficit is headed back up.

Congress Painting Trump Into A Corner On Budget

In the past, President Trump has threatened to shut down the government if the doesn’t get what he wants in the budget. The latest budget deal effectively dares him to do it.

Federal Budget Deficit Set To End Fiscal Year Near $1 Trillion, And Continue Growing

The Federal Budget Deficit is set to end the Fiscal Year close to $1 trillion, and to continue growing after that.

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Trump’s Border Wall Will Cost Billions More Than Projected

A new government report indicates that President Trump’s border wall will cost billions more than initially projected. And Mexico still isn’t going to pay for it.

Koch Political Network Distancing Itself From Trump’s Republican Party

A powerful political network is distancing itself from the Trump-dominated Republican Party.

Trump Again Threatening Government Shutdown Over Immigration, Border Wall

President Trump is suggesting he may force a government shutdown over his immigration policies just a month before the midterm elections.

Whither the Fiscal Conservative?

Deficits continue to rise.

GOP Tax Cuts Not Leading To Increased Wages

Despite Republican hopes, the tax cuts passed by Congress in December are not manifesting themselves in increased wages.

National Debt Passes $21 Trillion Mark As Republican Budget Deficits Begin To Rise

The National Debt has passed $21,000,000,000,000 for the first time in history just as the nation begins its return to the era of trillion dollar budget deficits.

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Federal Government Set To Borrow $1 Trillion This Year

The Federal Government will borrow more than $1 trillion this year for the first time in more than a half-decade.

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Welcome To The Era Of Trump’s Trillion Dollar Budget Deficits

We’re set to return to the era of trillion dollar budget deficits, and Republicans won’t do a thing about it.

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Congress Passes Spending Bill, But Trump Threatens Veto

Congress passed a funding bill to avert a shutdown with time to spare early this morning, but now the President is threatening a veto.

Budget Surplus in California

Responsible governance from the Golden State?

The Tea Party Is Dead, As Is The Idea That It Ever Was Anything Other Than A GOP Proxy

The Tea Party is dead, but it was never really alive to begin with.

The GOP Is Now The Party Of Deficits And Debt, But Then It Always Has Been

Republicans spent the eight years of Obama Administration railing against fiscal irresponsibility. Now that they have power, they’re the ones being fiscally irresponsible.

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Congress Approves Budget Deal, Ends Overnight Shutdown

While most of America slept, the government was shutdown thanks to some faux theatrics by a single Senator.

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Senate Reaches Budget Deal That Busts Budget Caps And Massively Increases Spending

Congress seems likely to pass a budget deal today that will massively increase spending, putting to rest once and for all the rank hypocrisy of Republicans when it comes to claims that they are “fiscally conservative.”

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Congress Moves Ahead On Budget Deal As Trump Threatens Shutdown

Congress appears to be moving closer to a budget deal even as the President tries to throw a monkey wrench into the whole thing.

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The Era Of Trillion Dollar Deficits Is Set To Return, And Republicans Don’t Seem To Care

With Republicans fully in control in Washington, their concerns about the budget deficit seem to have disappeared.

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Congress Heads Back To Work With Both The Budget Unresolved And A Shutdown Looming

After an extended break for the Republican retreat, Congress heads back to work today with just three days before a possible government shutdown.

Congress Heads Toward Another Budget Deadline With No Apparent Deal In Sight

The current budget deal expires in six days and Congress doesn’t seem to know what it’s going to do about it.

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Senate Democrats Prepared To De-Link Budget Talks From Progress On DACA

Democrats in the Senate appear ready to de-link DACA from the budget. That would remove the threat of a government shutdown, but it could anger their base.

The Case For Bringing Back Earmarks

It’s been seven years since Congress eliminated earmarking, and what we’ve seen has provided good evidence for the argument that it should never have been eliminated.

Democrats Facing Blowback From The Left Over Deal To End Shutdown

The deal that led to the end of the Federal Government shutdown isn’t sitting well with the progressive wing of the Democratic Party.

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Senate Votes To Approve Agreement To Reopen Government, House Expected To Go Along

While final votes remain to be taken, the Federal Government shutdown effectively ended this afternoon with an overwhelming bipartisan vote to reopen the government, combined with a commitment from Republicans to consider a DACA bill over the next three weeks. What happens next, though, is entirely uncertain.

Lincoln Memorial: Closed Due to Government Shutdown Lincoln Memorial: Closed Due to Government Shutdown

Government Shutdown Enters Second Day With Few Signs Of Quick Resolution

It’s Day Two of the Federal Government shutdown and there are few signs of a quick resolution.

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The Government Shuts Down And Washington Plays The Blame Game

The government is shut down and Washington is playing the usual blame game. In reality, there’s plenty of blame to go around, and one of the guilty parties is the American people.

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House Passes Spending Bill, But Shutdown Threat Still Looms

With just hours to go, it seems increasingly unlikely that the Senate can reach a deal to keep the government open.

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Congress Drifts Closer To A Government Shutdown

With less than two days to go, the prospects for Congress finding a way to prevent a government shutdown aren’t looking good.

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Government Shutdown Looms As Friday Approaches

With only days to go, Congress seems unable to come up with either a funding deal for the Federal Government or a solution to the DACA issue.

Republicans Release Final Version Of Tax Bill, And It Appears Likely To Pass

The final version of the tax bill appears to be on track for passage, but the devil is in the details.

Republicans Unveil Broad Outlines Of Tax Reform Package

Republicans finally unveiled the outlines of a tax reform package yesterday, but the devil is in the still to be determined details.

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Eliminating The Debt Ceiling: An Idea Whose Time Has Come?

Perhaps it’s time to consider getting rid of the debt ceiling entirely.

Donald Trump And The Art Of The Bad Deal

Donald Trump made a deal with Democrats on spending and the debt ceiling, but it was an exceedingly bad one.

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Federal Reserve Raises Rates For Third Time Since December

For the third time since December,, the Federal Reserve has raised interest rates.

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Congress Facing Another Debt Ceiling Crisis

In addition to everything else on its plate, Congress will have to revisit raising the debt ceiling again sometime this summer.

It’s Looking More And More Like Congress Will Fail To “Repeal And Replace” Obamacare

Congress is running out of time in its effort to “repeal and replace” the Affordable Care Act.

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First Quarter Economic Growth Better Than Initially Forecast, But Further Slowing Is Forecast

Economic growth in the first quarter wasn’t as bad as first estimated, but it still wasn’t very good. And the future is unclear at best.

Congressional Budget Office Score Of Health Care Bill Is More Bad News For GOP

The latest CBO score for the American Health Care Act is bad news for Republicans.

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Trump Drops Demand For Border Wall Funding As Congress Tries To Avoid Government Shutdown

With a government shutdown looming at the end of the week, the Administration has appeared to back away from a demand that a government funding bill include money allocated for the President’s promised border wall.

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White House Pushing Congress To Revisit Failed Effort To Repeal And Replace Obamacare

Faced with the fact that it has little to show for its first 100 days in office, the Trump Administration is pressuring Congress to come up with a new health care reform bill before the end of next week.

Congressional Budget Office Score Is Bad News For GOP’s American Health Care Act

The Congressional Budget Office delivered some bad news yesterday to House Republicans on their replacement for Obamacare.

Republican Budget Hawks Have A Donald Trump Problem

Budget hawks in the GOP face a showdown with Donald Trump’s spending ambitions this year that will likely decide whether we’ll ever get spending under control.

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Marco Rubio Misses Senate Vote On Omnibus Budget Bill

After making a big deal about voting against the budget bill passed yesterday by Congress during the last debate, Marco Rubio ended up missing the vote altogether.