Tag: Federal Budget (US)

The Federal Debt Is Rising. Concern Is Not.

WASHINGTON — The federal debt ticked past $22 trillion this week, a record that comes despite continued economic growth, but neither political party appears to be making a priority of debt reduction. Larry Kudlow, the director of President Trump’s National Economic Council, said on Thursday that the president was “concerned” about the rise of the […]

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Congress Expected to Swiftly Pass Border Deal to Prevent Shutdown

WASHINGTON — Congress will move quickly Thursday to pass a border security deal that deprives President Trump of what might be his last chance to build his wall, leaving the White House to decide whether to try to go around Congress to find the money. The Senate will vote first on the legislation, which includes […]

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Why Border Wall Talks Suddenly Became a Showdown Over ‘ICE Beds’

After prompting the longest government shutdown in history, President Trump’s divisive proposal for a border wall has taken a back seat in recent days for negotiators in Congress who are seeking to avoid another crippling closure. The latest talks have focused on another immigration issue that has exploded in recent months: Record numbers of migrants […]

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How Much Does Heterodoxy Help Progressives? (Wonkish)

ImageHealth care is a big fiscal dealCreditCMS The center-left is feeling ambitious these days, and it’s a heartening thing to see. Anything can happen politically, but it looks at least possible that in 2021 there won’t just be unified Democratic control of Congress and the White House, but control by a much more consistently progressive […]

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Democrats, Debt and Double Standards

Much of Donald Trump’s State of the Union address was devoted to describing the menaces he claims face America — mainly the menace of scary brown people, but also the menace of socialism. And there has been a lot of discussion in the news media of what he said on those topics. There has, however, […]

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Your Grandchildren Are Already in Debt

Medicare for All. The Green New Deal. Free college tuition. With each new entrant into the Democratic presidential sweepstakes comes a fresh cascade of ambitious social programs to entice and excite would-be supporters. The list of “payfors,” to use a bit of Washington jargon, grows more slowly. They’ll pay for this how, again? Tax the […]

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To Avoid a Recession, Start Spending Now

The strong economic growth of mid-2018 — the stock market soared, hiring picked up and consumer spending surged — reflected, in part, the benefits of a boost in fiscal stimulus. The Trump administration pushed for, and got, a huge tax cut, and then, to give the economy even more oomph, Congress passed budgets for fiscal […]

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Before Trump’s State of the Union, a Look at How Last Year’s Promises Fared

In his first State of the Union address last year, President Trump outlined his vision for an “America first” approach to overhauling the immigration system, revitalizing manufacturing and prioritizing national interests abroad. As Mr. Trump prepares to deliver his second address on Tuesday, which is also expected to highlight the president’s immigration agenda, here’s an […]

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Democrats Push Plan to Increase Social Security Benefits and Solvency

WASHINGTON — After years of Republican-led debate over how to pare back Social Security’s rising costs, Democrats are flipping the script with an ambitious plan to expand the New Deal-era social insurance program while making gradual changes to keep it solvent for the rest of the century. The Social Security 2100 Act, which was introduced […]

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On Washington: With Pain Still Fresh, Lawmakers Make Push to Outlaw Shutdowns

WASHINGTON — Was this the shutdown to end all shutdowns? The answer could be yes. The toll exacted on government operations and federal employees by the record 35-day stalemate — not to mention the political costs to those in the White House and on Capitol Hill — was so punishing that it is giving momentum […]

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With Deadline Looming, Border Security Talks Face Hurdles in Congress

WASHINGTON — The reopening of the federal government signals the start of three weeks of intense negotiations over border security in an ideologically divided Congress that threaten to leave Republican and Democratic leaders right where they began: at risk of a government shutdown. The stopgap spending bill President Trump signed into law on Friday night […]

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Senate Leaders Reach Deal That Offers Possible Path to Reopen Government

WASHINGTON — The Senate will vote Thursday on two separate bills that would bring an immediate end to the partial government shutdown: one backed by President Trump that includes $5.7 billion for his border wall and another that would simply extend funding for shuttered agencies through Feb. 8. The plan, a compromise between Senator Mitch […]

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White House Redefines Who Is Essential to Get Parts of Government Moving Again

WASHINGTON — As the government shutdown stretches into its fourth week, the Trump administration is reinterpreting longstanding rules to open the federal government piece by piece, forcing thousands of workers to report to work without pay, many of them in sectors that could minimize damage to the president’s base. Federal farm service offices will open […]

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‘One Paycheck, Maybe Two’: Federal Workers Tell Us How Long They Can Live Without Wages

The government shutdown that began 20 days ago will become the longest shutdown in American history if it continues through Saturday, and President Trump has said that it could last “months or even years.” Where does this leave the 800,000 federal employees who are caught up in the shutdown, most of whom will miss a […]

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A Shut Down Government Actually Costs More Than an Open One

A federal government shutdown might seem like a great way to save money: When agencies aren’t open, they aren’t spending tax dollars. But history shows us that closing the government actually costs more than keeping it open. Shuttered parks can’t collect entrance fees. Furloughed workers will ultimately get paid for not showing up to work. […]

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Trump’s National Address Escalates Border Wall Fight

WASHINGTON — President Trump doubled down on one of the biggest gambles of his presidency on Tuesday night with a televised appeal to pressure Congress into paying for his long-promised border wall, even at the cost of leaving the government partly closed until lawmakers give in. Embarking on a strategy that he himself privately disparaged […]

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Who’s Afraid of the Budget Deficit?

On Thursday, the best House speaker of modern times reclaimed her gavel, replacing one of the worst. It has taken the news media a very long time to appreciate the greatness of Nancy Pelosi, who saved Social Security from privatization, then was instrumental in gaining health insurance for 20 million Americans. And the media are […]

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Government Shutdown Leaves Workers Reeling: ‘We Seem to Be Pawns’

No sooner had the news of an impasse come out of a meeting room in Washington than thousands of miles away, on an island in the Pacific, Tomas Kaselionis had to start making decisions. “For me, it’s do I consider a car payment or do I pay the gas bill or the phone bill?” said […]

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Trump to Meet Congressional Leaders as Shutdown Stretches On

WASHINGTON — President Trump plans to host congressional leaders on Wednesday in the White House Situation Room for a border security briefing that could either be the latest skirmish over his wall or the beginnings of a resolution to a government shutdown that is stretching into its 12th day. The 3 p.m. gathering will be […]

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Trump Issues Order Freezing Federal Workers’ Pay in 2019

President Trump issued an executive order on Friday freezing pay for federal civilian workers in 2019, even as about 800,000 of them were either furloughed or working without pay because of a partial government shutdown. The executive order follows a proposed pay freeze that the president outlined in the budget he sent to Congress last […]

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