Budget
  • The Air Force’s $1,280 Coffee Cup

    By Michael Rainey

    Keeping a cup of coffee hot can be a pricey proposition if you happen to serve on a U.S. Air Force transport jet. Crew members on more than 300 KC-10, C-5 and C-17 aircraft use specially designed...

  • Spain in recession as austerity bites deep

    Bond Traders Shrug Off Massive Debt Auctions

    By Michael Rainey

    The U.S. Treasury is issuing $276 billion in debt this week as the deficit continues to soar in the wake of the tax cuts and higher government spending this year, with some specific bills and notes...

  • Senators Warn Against Bringing Back Earmarks

    A group of nine Republican senators and one Democrat is pushing back against the potential return of congressional “earmarks,” those spending items or tax and tariff benefits targeted to a specific...

  • 3) California

    Kansas or California as a Model for America’s Future Growth?

    By The Fiscal Times Staff

    If you had to choose either Kansas or California to serve as a model for America’s future growth, which would it be, Bloomberg’s Barry Ritholtz asks . The answer, he argues, is obvious — yet...

  • Senator Harris questions DHS Secretary Nielsen during Senate Homeland Security and Governmental Affairs Committee hearing in Washington

    Kamala Harris' Trillion-Dollar Tax Plan

    By Michael Rainey

    Republicans aren’t the only ones coming up with trillion-dollar tax plans. California’s Kamala Harris, a rising Democratic star in the Senate, released a proposal Thursday to repeal the $1.9 trillion...

  • ‘Things Are So Much Worse’ – but Does Anyone Care About the Deficit?

    As we told you yesterday , the Congressional Budget Office estimated this week that the deficit for the first 11 months of fiscal 2018 totaled $895 billion, or $222 billion more than it was over the...

  • Consumers are sounding off about the downside of generic drugs

    Pharma CEO: It's a 'Moral Requirement' to Raise Prices

    By Michael Rainey

    Nostrum Laboratories, a small pharmaceutical firm based in Missouri, raised the price of the antibiotic nitrofurantoin from $474.75 to $2,392 a bottle last month. Here is how the CEO, Nirmal Mulye,...

  • Charging Almost $200 for a Bottle of Pills Worth $6

    Bloomberg’s Robert Langreth, David Ingold and Jackie Gu take a fascinatingly detailed look at the “secret drug pricing system” that generates millions of dollars for pharmacy benefit managers,...

  • 42. District of Columbia

    Deficit Soaring in 2018

    By The Fiscal Times Staff

    The federal deficit was 32 percent larger in the first 11 months of fiscal year 2018 than it was during the same time period in 2017, the Congressional Budget Office announced Monday. The deficit...

  • The Cost of War Since 9/11

    By Michael Rainey

    The wars in Afghanistan, Iraq and Syria have cost the U.S. more than $1.5 trillion, according to Department of Defense data reported by CNCB Monday. The Pentagon report covers war-related operational...

Budget Directory

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