Budget Battles
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White House Stops Short of Endorsing Florida Drug Importation Proposal
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Democrats Call for End to Medicaid Work Requirements
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Florida’s New GOP Governor Wants to Import Cheaper Prescription Drugs from Canada
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For 2020 Dem Hopefuls, ‘Medicare-For-All’ Is A Defining Issue, However They Define It
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Baby Boomers Will Drive Health Care Spending to Nearly $6 Trillion a Year by 2027
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Voter Support for 'Medicare for All' Plunges: Poll
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Medicare, Medicaid Control Costs Better Than Private Insurers: Study
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Will Republicans Defy Trump on His National Emergency?
House Speaker Nancy Pelosi said she would move swiftly to block President Trump’s declaration of a national emergency on the southern border, and she is. The House will vote Tuesday on a disapproval...
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Pelosi Prepares a Trump Smackdown
House Speaker Nancy Pelosi said Wednesday night that the House will “move swiftly” to vote on a resolution to terminate President Trump’s declaration of a national emergency on the border with Mexico...
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16 States Sue Trump: The Court Battles Over His ‘Emergency’ Are Just Getting Started
A coalition of 16 states filed a lawsuit in federal court Monday challenging President Trump’s move to invoke emergency powers to redirect billions of dollars for construction of a border wall. The...
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Elizabeth Warren Proposes Universal Child Care, Paid for by Taxing Millionaires
Sen. Elizabeth Warren (D-MA), who’s running for the 2020 Democratic presidential nomination, on Tuesday unveiled a universal child care plan that would cap families’ expenses at 7 percent of income...
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Klobuchar Pitches Herself as Pragmatic Alternative to Progressive Dems
In a CNN town hall in New Hampshire Monday night, Sen. Amy Klobuchar (D-MN) drew some clear distinctions between herself and some of the most progressive Democratic presidential candidates in the...
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A Modest Start for the Space Force
By Michael RaineyThe 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...
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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...
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Trump on the $22 Trillion National Debt: 'Growth Will Straighten It Out'
By Michael RaineyPresident Trump was asked at his wide-ranging press conference Friday about the roughly $2 trillion increase in public debt during the first two years of his administration: Question: Let me also ask...
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The Great Debt Debate: How Dangerous Is It?
By Michael RaineyMIT 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...
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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...
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Trump’s Exploding Deficit
By The Fiscal Times StaffFederal 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...
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Trump Likely to Sign Border Deal, Avert Another Shutdown
By The Fiscal Times StaffLawmakers are scrambling to finalize their compromise package on spending and border security — and resolve a few lingering differences — but once they’re done, President Trump is expected to...
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Trump’s ‘Not Happy’ with the Border Deal. Why He’ll Probably Sign It Anyway.
Will he or won’t he? After House and Senate negotiators reached a tentative agreement Monday night on a bipartisan border security deal, the looming question is whether President Trump will veto the...
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Goldman Sachs Projects Deficit Will Top $1 Trillion Next Year
The Congressional Budget Office projected last month that the federal budget deficit for this year would be about $900 billion , up 15 percent from last year but about $84 billion less than it had...
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Lawmakers Scramble to Avert Another Government Shutdown
Collapsed. Derailed. Fell apart. Broke down. Whatever description you choose, the bottom line on the bipartisan congressional negotiations over border security isn’t good: The talks, which had...
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