The Fiscal Times | Page 2 |

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Senate Approves Spending Bill, Reducing Chances of a Shutdown

In a 93-7 vote, the Senate on Tuesday passed a package of spending bills that would boost fiscal 2019 funding for the Defense Department and provide full-year funding for the departments of Education...
Are States Ready for the Next Downturn?

The Great Recession hit state budgets hard, but nearly half are now prepared to weather the next modest downturn. Moody’s Analytics says that 23 states have enough reserves to meet budget shortfalls...

Why the Markets Aren’t Freaking Out About Soaring US Debt

Does the high and rising level of U.S. public debt matter? If so, how concerned should we be? Goldman Sachs asks those questions in a new research piece, noting that the “fiscal outlook for both...
House to Considers Billions in Cuts to Obamacare Taxes

In addition to a package of bills that would make the individual tax cuts permanent , the House is expected to consider legislation this week that would delay or roll back multiple tax provisions in...
Arkansas Drops Thousands from Medicaid

More than 4,000 people will lose their Medicaid coverage in Arkansas for failing to meet the state’s new work requirements. Earlier this year, the Trump administration approved the new work rules,...
Why Democrats Want to Bring Back Earmarks

Minority Whip Steny Hoyer (D-MD) wants to restore earmarks as part of Democrats’ effort to “ fix government ” should the party win control of the House in November. The use of earmarks — funds for...
Congress Reaches Spending Deal to Avoid Shutdown. Will Trump Go Along?

Congressional leaders have struck a bipartisan deal to avoid a government shutdown at the end of the month and put off a divisive fight over funding for President Trump’s border wall with Mexico...