Budget Deficit to Break $1 Trillion Despite Strong Economy

ANDREW TAYLOR / The Associated Press Jan 28, 2020 Deficits averaging 4.8% of GDP are foreseen over the course of the coming decade; experts say anything above 3% is unsustainable. Dig deeper ( 3 Min. Read )

Trust Meditation for Democrats (Video)

Mark Fiore / Truthdig Jan 25, 2018 February 8th is shaping up to be a big day in Congress. Dig deeper ( 1 Min. Read )

Shutdown Divides Services Into Essential and Nonessential

RICHARD LARDNER / The Associated Press Jan 21, 2018 Symbols of American promise have turned into emblems of dysfunction amid a dispute in Congress over spending and immigration that has closed federal agencies' doors. Dig deeper ( 5 Min. Read )

Trump Overrules GOP With Deal on Spending, Debt, Harvey Aid

By Erica Werner / AP Sep 6, 2017 The president cuts a deal with Democrats to fund the government and raise the federal borrowing limit for three months, all part of an agreement to speed money to Harvey relief. Dig deeper ( 2 Min. Read )

Three Economic Myths Busted

Alexander Reed Kelly / Truthdig May 31, 2013 As a share of national income, federal spending peaked during the Reagan administration; spending has increased only half as fast under President Obama as under President Bush; and declining revenues, not rising spending, accounts for the swelling federal deficit overseen by the Bush and Obama administrations. Dig deeper ( 1 Min. Read )

Sandy Aid Delayed

Jeff Danziger / Truthdig Jan 3, 2013 Dig deeper

Homeland Security Spent $430 Million on Radios Its Employees Don’t Know How to Use

By Theodoric Meyer, ProPublica Nov 22, 2012 The recent inspector general’s report is the latest in a string of critical assessments DHS has received on its efforts to improve communication among federal, state and local agencies. Dig deeper ( 2 Min. Read )

Paul Krugman’s ‘Twilight Zone’ Economics

Staff / Truthdig Aug 15, 2011 Nobel Prize-winning economist Paul Krugman employed a bit of imagination while discussing the need for fiscal stimulus on Fareed Zakaria's "GPS" last week, playfully suggesting that the discovery of an impending alien attack would force (more). Dig deeper ( 1 Min. Read )

Krugman Takes Aim at Government Spending ‘Myth’

Staff / Truthdig Oct 12, 2010 President Obama's detractors apparently like to push the idea that he is responsible for jacking up government spending to new heights, but The New York Times' Paul Krugman took it upon himself to do away with this "myth," as he put it, in his column Sunday. Dig deeper ( 1 Min. Read )

Tea Partyers Give Sen. Bennett the Boot

Staff / Truthdig May 9, 2010 Bob Bennett, three-term Republican senator from Utah, has been ousted from running for re-election by the conservative tea party movement after he was deemed unfit (he supported health care reform). Bennett came in third at the state Republican convention in Salt Lake City. Dig deeper ( 1 Min. Read )