Budget Battles
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Medicaid Work Rules Approved for South Carolina
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Chart of the Day: Drug Price Plans Compared
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Watchdog Questions $6.7 Billion in Medicare Payments
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House Passes Pelosi’s Sweeping Drug Bill
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Shocking Health Care Statistic of the Day
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Ready to Rumble: How Pelosi’s Drug Bill Sets Up Dems for 2020
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Increasing Number of Americans Delay Medical Care Due to Cost: Gallup
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Medicaid Work Rules Approved for South Carolina
By Michael RaineyThe Trump administration on Thursday approved South Carolina’s request to impose work requirements on Medicaid recipients. Seema Verma, administrator of the Centers for Medicare & Medicaid...
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Watchdog Questions $6.7 Billion in Medicare Payments
By Michael RaineyHealth insurance companies in the Medicare Advantage program have received billions in extra payments after making adjustments to their patient charts – changes that the Department of Health and...
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Congressional Negotiators Strike Spending Deal to Avoid a Pre-Christmas Shutdown
Congressional appropriators have reportedly reached a deal “in principle” to fund the federal government for the rest of the fiscal year and avert a potential shutdown at the end of next week. The...
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Judge Blocks Trump Plan to Divert $3.6 Billion in Military Funds to Border Wall
A federal judge in Texas on Tuesday blocked the Trump administration’s plan to divert $3.6 billion in military funds toward construction of barriers along the border with Mexico. District Court Judge...
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$738 Billion Defense Bill Authorizes Space Force and New Benefits for Federal Workers
By Michael RaineyIt looks like Space Force has earned its wings. The leaders of the House and Senate Armed Services Committees announced late Monday an agreement on the 2020 National Defense Authorization Act, which...
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The Terrible Cost of the War in Afghanistan
The war in Afghanistan is the longest armed conflict in U.S. history, and throughout the 18 years of fighting, U.S. officials have publicly said they were making progress. Yet a new investigative...
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The Fiscal Challenge for the Next Recession
The federal budget deficit for fiscal year 2019 was nearly $1 trillion. “In the next downturn, don’t be surprised if this number hits $2 trillion,” writes Nick Timiraos, The Wall Street Journal’s...
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Is Trump's $28 Billion Bailout Paying Farmers Too Much?
By Michael RaineyThe Trump administration is spending $28 billion to bail out farmers hurt by the president’s trade war with China – a huge sum that some experts say overestimates the economic losses inflicted by the...
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New Trump Food Stamp Rule Will Cut 700,000 from Program
By Michael RaineyThe White House said Wednesday that it has finalized a rule that will tighten work requirements for participants in the Supplemental Nutrition Assistance Program, or SNAP. The new rule could result...
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Navy Awards Largest Shipbuilding Contract Ever
By Michael RaineyThe U.S. Navy awarded a contract Monday worth more than $22 billion to build nine new attack submarines. The agreement with General Dynamics Electric Boat includes an option for a 10 th sub, which...
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Secret Service Spent $254K at Trump Properties in His First Five Months in Office
It’s a shocker, we know: Newly released documents raise fresh concerns about the extent to which President Trump is personally profiting from his public office, showing that the Secret Service spent...
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Public Investment Is the Key to Avoiding Economic Stagnation: Report
By Michael RaineyEconomic stagnation on a global scale is a growing threat, according to a new report from the Organization for Economic Co-operation and Development (OECD). The group’s November economic outlook...
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Senate Passes Short-Term Spending Bill to Prevent Friday Shutdown
The Senate passed a stopgap bill Thursday to keep the government open through December 20, sending the measure to President Trump’s desk hours before current funding was set to expire. The president...
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Does the Deficit Matter? Congress Asks Four Top Economists
By Yuval Rosenberg and Michael RaineyWednesday’s impeachment hearings will rightly dominate headlines given the bombshells in Ambassador Gordon Sondland’s testimony, but they weren’t the only hearings happening in Congress. The House...
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Pentagon Fails Audit – Again
By Michael RaineyThe second audit of the Department of Defense ended the same way as the first one: with a failing grade. The fiscal 2019 audit examined more than $2.9 trillion in assets and $2.8 trillion in...
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