Tag: Budgets and Deficits

FILE - In this Friday, Oct. 4, 2013, file photo, economist Arthur Laffer is interviewed at the California Republican Party convention in Anaheim, Calif. In their effort to overhaul the U.S. tax code, President Donald Trump and congressional Republicans are betting that by slashing taxes on corporations and rich people, the money diverted from the U.S. Treasury will find its way into the pockets of ordinary Americans. âIt will increase real wages and it will increase them substantially,ââ says Laffer.

Beltway Confidential

Art Laffer: Government spending ‘way out of control’

Eddie Scarry · December 12, 2018 1:44 pm

Sen. Rob Portman, R-Ohio, represents the third largest coal consuming state in the country.

Rob Portman to Pelosi: Either spend two years investigating Trump or get bipartisan results

David M. Drucker · December 12, 2018 5:01 am

Engineers monitor the landing of InSight in the mission support area of the space flight operation facility at NASA's Jet Propulsion Laboratory on Nov. 26, 2018 in Pasadena, Calif.

NASA’s new missions: Short on insights, high on costs

Ross Marchand · December 10, 2018 5:00 am

Gen. Mark A. Milley, 39th Chief of Staff United States Army, speaks at Conmy Hall, Joint Base Myer-Henderson Hall, Va. Friday, Jan. 5, 2018, during a full honor arrival ceremony in honor of the 23rd Secretary of the Army, Mark Esper.

National Security

Trump pick for Joint Chiefs chairman warned that a weak Army would mean US paid ‘the butcher’s bill in blood’

Travis J. Tritten · December 8, 2018 5:47 pm

Sen. Chuck Schumer, Rep. Nancy Pelosi, and President Trump are shown.

Trump, Schumer, Pelosi have two weeks to figure out the border wall

Susan Ferrechio · December 8, 2018 5:06 am

Sen. David Perdue, R-Ga., speaks during a news conference about an immigration bill.

Podcast: Sen. David Perdue concedes debt unlikely to be addressed during next two years

David M. Drucker · December 7, 2018 11:15 pm

"It could be discussed," Trump said in the White House after a reporter shouted a question about doing away with the debt ceiling. "There are a lot of good reasons to do that." (AP Photo/Susan Walsh, File)

Federal debt highlights gap between Trump’s rhetoric and reality

Philip Klein · December 7, 2018 2:58 pm

FILE - In this Aug. 13, 2018 file photo, President Donald Trump speaks before signing a $716 billion defense policy bill named for Sen. John McCain in Fort Drum, N.Y. Trump says heâs asking federal regulators to look into the effectiveness of the quarterly financial reports that publicly traded companies are required to file. In a tweet early Friday, Aug. 17, Trump said that after speaking with âsome of the worldâs top business leaders,â heâs asked the U.S. Securities and Exchange Commission to determine whether shifting to a six-month reporting regimen would make more sense.

National Security

House Republicans urge Trump to abandon defense cut plan

Travis J. Tritten · December 6, 2018 8:17 pm

Commuter traffic on North Capitol Street heading towards the US Capitol Building in Washington resumes to its normal volume, Tuesday, Jan. 23, 2018. The bill to reopen the government late Monday, was signed by President Donald Trump, ending a 69-hour display of partisan dysfunction.

Congress quickly passes two-week funding bill to avoid shutdown

Susan Ferrechio · December 6, 2018 5:03 pm

Senate Armed Services Committee Chairman Jim Inhofe, R-Okla., appears at a hearing on Capitol Hill in D.C.

National Security

Jim Inhofe presses for bigger defense budget after Trump meeting

Travis J. Tritten · December 6, 2018 3:50 pm

The flag-draped casket of former President George H.W. Bush is carried out of the National Cathedral following a state funeral service in Washington, D.C., on Wednesday, Dec. 5, 2018.

Bush funeral will set taxpayers back over a half-billion dollars

Alana Goodman · December 6, 2018 5:00 am

President Donald Trump talks with reporters before traveling to the G20 Summit in Buenos Aires, on the South Lawn of the White House, Thursday, Nov. 29, 2018, in Washington.

Beltway Confidential

Trump’s apathy doesn’t make our debt crisis any less terrifying

Tiana Lowe Doescher · December 5, 2018 10:09 pm