• U.S. President Donald Trump holds a space astronaut toy as he participates in a signing ceremony for Space Policy Directive at the White House in Washington D.C.

    A Modest Start for the Space Force

    By Michael Rainey

    The Pentagon is expected to request about $270 million for the Space Force in its 2020 budget, according to a preliminary Department of Defense memo reviewed by Space News’ Sandra Erwin. The funds...

  • U.S. President Trump declares a national emergency at the southern border during remarks at the White House in Washington

    Trump’s Risky Plan to Get $8 Billion for His Wall

    He really did it. President Trump on Friday declared a national emergency in an attempt to bypass Congress and redirect existing funds toward construction of his promised wall along the southern...

  • The Great Debt Debate: How Dangerous Is It?

    By Michael Rainey

    MIT economist Olivier Blanchard caused a stir in fiscal circles last month with an academic paper suggesting that current levels of public debt may be less worrisome than many experts think (see our...

  • U.S. President Trump addresses sheriffs and police chiefs conference in Washington

    Trump to Sign Border Deal — and Declare a National Emergency, Too

    Roses are red, Violets are blue, President Trump will sign the spending deal and declare a national emergency too. OK, it’s not the most romantic of gestures, but you could call it a Valentine’s Day...

  • Trump’s Exploding Deficit

    By The Fiscal Times Staff

    Federal tax revenues fell by 0.4 percent to $3.33 trillion in 2018, the first year under the new tax law, The Treasury Department said Wednesday. The drop in revenues, combined with a 4.4 percent...

  • U.S. President Trump listens to reporters during bill signing ceremony in the Oval Office of the White House in Washington

    Trump: Border Talks Are ‘Waste of Time’ Without Wall Money

    President Trump warned again Thursday that the bipartisan congressional committee working on a compromise over border security funding will be a “waste of time” if it doesn’t provide money for the...

  • A Marine Corps pilot prepares for a vertical landing of Lockheed Martin F-35B stealth fighter aboard the USS Wasp amphibious assault carrier off Japan's southernmost island of Okinawa

    Some F-35s Are Wearing Out Much Faster Than Expected

    By Michael Rainey

    The F-35B stealth jet used by the Marine Corps is wearing out an alarming rate, according to a report from the Pentagon’s test office obtained by Bloomberg News. The short-takeoff-vertical landing...

  • FILE PHOTO:  U.S. President Trump displays signature after signing tax bill into law at the White House in Washington

    Trump's History-Making Deficits

    By Michael Rainey

    A dozen Bloomberg opinion writers on Thursday offered their evaluations of President Trump’s performance over his first two years in office, with former Bloomberg editor-in-chief Matthew Winkler...

  • An F/A-18F Super Hornet jet flies over the USS Gerald R. Ford as the U.S. Navy aircraft carrier tests its new launch and flight arrest systems

    $13 Billion Carrier Having Trouble Launching Planes

    By Michael Rainey

    The USS Gerald R. Ford is still bedeviled by serious technical issues, including 20 failures of its aircraft launch-and-landing systems during sea trials. None of the failures, which occurred during...

  • Are We Headed for Another Shutdown?

    By Michael Rainey

    The bipartisan, bicameral committee tasked with finding a budget compromise to avert another government shutdown on February 15 met for the first time Wednesday, but the expectations for reaching a...

Budget Directory

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