Budget
  • Pentagon Grounds All F-35s

    By Michael Rainey

    The U.S. Defense Department grounded all F-35 jets on Thursday, on the heels of a crash on September 28 in South Carolina. Investigators examining the loss of an F-35B, the Marine Corps’ version of...

  • FILE PHOTO: President Donald Trump hosts a lunch with Senate Majority Leader Mitch McConnell and Speaker of the House Paul Ryan at the White House in Washington

    Trump’s Border Wall: A Christmastime Clash Is Coming

    There won’t be much holiday cheer on Capitol Hill this year, Politico’s Playbook warns : “Over the last few days, we’ve seen a massive ramp-up of the ‘build-the-wall’ rhetoric from key Hill...

  • How GOP Rhetoric on Entitlements Has Changed

    By The Fiscal Times Staff

    The Washington Post’s David Weigel describes how Republicans have changed their tune on Medicare and, for this year at least, largely abandoned the idea of entitlement reform: “[O]ver eight years,...

  • How the Army ‘Found’ $25 Billion

    By Michael Rainey

    The U.S. Army has been combing through its existing programs to identify potential sources of funding that can be applied to its ambitious modernization program, and according to Army Secretary Mark...

  • 529 Plans Are Growing — and So Is Their Cost to the Government

    Education savings accounts called 529 plans have grown dramatically since 2010, both in terms of the number of accounts and total assets, according to research by The Pew Charitable Trusts . And they...

  • ‘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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