Republicans and the “Lofgren Corollary”
Library of Congress/PuckBruce BartlettThe Fiscal TimesOctober 25, 2013Last week I explained that Congress has become an incompetent institution, unable to do its most basic work of passing annual...
View ArticleThe Gloves Are Off (Already) at Budget Conference
Reuters/Getty/The Fiscal TimesBrianna EhleyThe Fiscal TimesOctober 30, 2013It didn’t take long Wednesday for rosy talk about bipartisanship and “common ground” to give way to bare-knuckled haggling...
View ArticleDeficit Drops 38 Percent as Budget Talks Heat Up
Getty ImagesEric PianinThe Fiscal TimesOctober 31, 2013The federal government completed fiscal 2013 with a shortfall of $680 billion – a startling turnabout after four consecutive years of trillion...
View ArticleHow Congress Could Avoid Another Fiscal Crisis
Emily Flake/The Fiscal TimesEric PianinThe Fiscal TimesOctober 31, 2013Something strange is happening on Capitol Hill these days.Committee leaders from the House and Senate are meeting face-to-face to...
View ArticleDHS Workers Pocket $8.7M of Unearned Overtime a Year
iStockphotoBrianna EhleyThe Fiscal TimesNovember 1, 2013Halloween may be over, but some employees at the Department of Homeland Security are still dipping their hands into their so-called “candy bowl,”...
View ArticleHagel Picks a Fight with the Pentagon, Congress
REUTERS/Kevin Lamarque David FrancisThe Fiscal TimesNovember 5, 2013Defense Secretary Chuck Hagel doubled-down on his promise to radically change the military this morning, suggesting that U.S. troops...
View Article4 Takeaways from the October Jobs Report
iStockphoto/The Fiscal TimesYuval RosenbergThe Fiscal TimesNovember 8, 2013Suddenly, it seems the holiday season might be merrier than economists had expected. The economy added 204,000 jobs in...
View ArticleTaxpayers Get a Whopper of a Bill for the Shutdown
iStockphoto/The Fiscal TimesEric PianinThe Fiscal TimesNovember 8, 2013Evidence of the economic carnage wrought by last month’s 16-day partial government shutdown keeps piling up, and it doesn’t make...
View ArticleThe 2 Most Urgent Problems Obama Must Fix
AP Photo/Charles DharapakDan BalzThe Washington PostNovember 10, 2013President Obama likes to say he will never again be running for office, but every Democrat knows he will be on the ballot...
View ArticleCBO’s Elmendorf Downplays Need for Big Budget Deal
iStockphoto/The Fiscal TimesEric PianinThe Fiscal TimesNovember 13, 2013Congressional Budget Office director Doug Elmendorf on Wednesday offered advice to lawmakers trying to negotiate a budget deal to...
View ArticleHouse GOP Slams the Door on Immigration Reform
Getty Images/iStockphoto/TFTEric PianinThe Fiscal TimesNovember 19, 2013As the House wrapped up its business last week, Minority Whip Steny Hoyer (D-MD) posed the question of the hour to Eric Cantor,...
View ArticleConsumer Alert: 4 Pricing Tricks in Black Friday Ads
Flickr/Kevin WalterMatthew OngThe Fiscal TimesNovember 21, 2013It’s a frenzied time for Black Friday shoppers as Thanksgiving approaches and major retailers’ leaked Black Friday ads begin hitting the...
View ArticleAccounting Fraud at the Defense Department? Shocking!
iStockphotoBrianna EhleyThe Fiscal TimesNovember 27, 2013The agency in charge of keeping the Pentagon’s financial house in order might be sweeping tax dollars under the rug while its auditor looks the...
View ArticleEnter New Budget Deal, Exit Loathsome Sequester
REUTERS/Jonathan Ernst Eric PianinThe Fiscal TimesDecember 3, 2013After a year of political warfare over the government shutdown, Obamacare and federal spending, two feisty partisans may be close to...
View ArticleThe Surprising Reason 1 in 4 Americans Would Move
Jay MacdonaldBankrateDecember 3, 2013More than 1 in 4 Americans would vote with their feet and relocate to another county or state to obtain better or cheaper health coverage, according to Bankrate's...
View ArticleCongress’s Last Chance to Avoid a Fiscal Disaster
iStockphoto/The Fiscal TimesEric Pianin, Rob GarverThe Fiscal TimesDecember 9, 2013Momentum is building for a two-year bipartisan budget deal by the end of the week as Congress appears determined to...
View ArticleCynical Americans Aren’t Banking on a Budget Deal
Eric PianinThe Fiscal TimesDecember 10, 2013Americans could get an early Christmas gift in the form of a budget deal from Congress that would cancel a second round of across-the-board sequester cuts...
View ArticleCongressional Odd Couple Finally Strikes a Budget Deal
Reuters/Getty/The Fiscal TimesEric PianinThe Fiscal TimesDecember 11, 2013House Budget Committee Chairman Paul Ryan (R-WI) and Senate Budget Committee Chairwoman Patty Murray (D-WA) announced a...
View ArticleNASA Makes Coburn’s List for Wasteful Spending
REUTERS/HandoutBrianna EhleyThe Fiscal TimesDecember 26, 2013NASA has suffered from major budget cuts that have severely scaled back its mission and halted its manned-space program. Over the past few...
View ArticleDoling Out the Spoils of the Budget War: $1 Trillion
iStockphoto/The Fiscal TimesEric PianinThe Fiscal TimesDecember 27, 2013Appropriators soldier toward spending deal before the New Year.With little fanfare, President Obama signed the bipartisan budget...
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