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Budget

Manchin Pulls Plug on Climate and Tax Talks, Shrinking Domestic Plan

The West Virginia Democrat’s decision dealt a crushing blow to President Biden’s domestic agenda, effectively ruling out action on anything beyond prescription drug pricing...

Democrats Offer Plan to Cut Drug Costs, Seeking Climate and Tax Deal

The drug-pricing plan was negotiated with Senator Joe Manchin III of West Virginia, but Democrats remain short of agreement on what else would be...

N.Y.C. Schools Are Forced to Cut Hundreds of Teachers as Funding Drops

More than three-quarters of district schools have lost enrollment. “I’ve wiped their tears and assured them the future is hopeful even as I’ve told...

It’s Not Easy Being President

But we do have a few suggestions.

The U.S. budget deficit is projected to fall to $1 trillion in 2022.

The Congressional Budget Office provided an update on the path for deficits at a moment when the Federal Reserve is trying to cool the...

Biden’s Curious Talking Point: Lower Deficits Offer Inflation Relief

The administration says federal spending trends are helping rein in price increases, but the economic calculus may be more complicated.

On Tax Day, Treasury Makes a Plea For More IRS Funding

The Biden administration continued to push for $80 billion in new funding for the tax collection agency.

El absurdo de acabar con la ayuda internacional para la COVID-19

Nuestra política disfuncional en Estados Unidos va a provocar más enfermedades y muertes en todo el mundo.

The Unbelievable Stupidity of Ending Global Covid Aid

Republican intransigence could help incubate a new variant.

As Earmarks Return to Congress, Lawmakers Rush to Steer Money Home

Democrats and Republicans alike stuffed nearly 5,000 earmarks totaling $9 billion into the $1.5 trillion government spending bill signed by President Biden.

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