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Budget

Trump’s Tax Plan Could Add to the National Debt. Harris’s Is a Mystery

The former president’s proposals to cut taxes would lose far more revenue than his plans to raise tariffs. The vice president has not addressed...

Trump Dangles New Tax Cut Proposals With Real Political Appeal

The most recent and costliest of Mr. Trump’s ideas would end income taxes on Social Security benefits.

Veteran Homelessness Was Cut by Half. Is a Broader Solution Possible?

Two federal agencies, backed by ample funding from Congress, have quietly shown that it is possible to make progress on a seemingly intractable problem.

With a No-Fail Mission, the Secret Service Strains to Make Do

The agency charged with protecting presidents and foreign leaders has its largest ever budget, but employees say it is still unable to recruit and...

With a No-Fail Mission, the Secret Service Strains to Make Do

The agency charged with protecting presidents and foreign leaders has its largest ever budget, but employees say it is still unable to recruit and...

Trump Ignores the Ruinous History of Tariffs

The former president is praising the era when tariffs fueled the federal budget — and also caused social dislocation and financial instability.

NASA Built the Viper Moon Rover for $450 Million. Now It’s Canceling the Mission.

Delays and concerns about NASA’s future budgets doomed the VIPER mission, which aimed to search for ice near the moon’s south pole.

Republican Party Rejects Free-Market Economics in Favor of Trump’s Signature Issues

The Republican Party is rejecting elite economic ideas in a bid for blue-collar votes, abandoning long-held free-market principles in the process.

Once a G.O.P. Rallying Cry, Debt and Deficits Fall From the Party’s Platform

Fiscal hawks are lamenting the transformation of the party that claimed to prize fiscal restraint and are warning of dire economic consequences.

One Obstacle for Trump’s Promises: This Isn’t the 2016 Economy

Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be...

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