In a time of great economic prosperity, one would assume that it might offer breathing room for Congress and the […]
Total National Debt as of 05/19/2022 (source)
Senate Passes 2-Year Budget Deal and Sends It To Trump
On Thursday, the 2-year budget deal finally passed the Senate and is now on its way to President Trump. This […]
Mulvaney: If Trump Could Pass Spending Bills, Federal Budget Would Be on Path to Balance
Fox News anchor Chris Wallace recently chided Acting White House Chief of Staff Mick Mulvaney on “Fox News Sunday”, pointing […]
Budget Deal Was Rare Moment of Compromise in Washington
“Ebbing deficit fears, an aversion to using the debt ceiling for partisan gain—and President Trump’s wish to get a deal […]
One More Recession Indicator Is Flashing Red. Is It Different This Time?
Experts say Americans can look to the Chicago Fed National Activity Index to predict economic trends. The Index combines 85 […]
Budget talks between White House, Pelosi spill into weekend
Thursday afternoon, Schumer told reporters that offsets were the “major outstanding issue” concerning the finalization of the budget deal. Democratic […]
Budget office: U.S. federal deficit will top record $1 trillion
This year’s federal deficit is projected by the White House Office of Management and Budget to surpass the $1,000,000,000 mark […]
Mnuchin says budget deal with Pelosi is ‘very close’
White House lawmakers are approaching a deal on federal spending and debt. Yet, those members who are “wary of further […]
Long-Term Federal Budget Update
The Congressional Budget Office projections for federal deficits are far understated, as a result of their operating under the assumption […]
