• U.S. President Donald Trump holds a space astronaut toy as he participates in a signing ceremony for Space Policy Directive at the White House in Washington D.C.

    A Modest Start for the Space Force

    By Michael Rainey

    The Pentagon is expected to request about $270 million for the Space Force in its 2020 budget, according to a preliminary Department of Defense memo reviewed by Space News’ Sandra Erwin. The funds...

  • U.S. President Trump declares a national emergency at the southern border during remarks at the White House in Washington

    Trump’s Risky Plan to Get $8 Billion for His Wall

    He really did it. President Trump on Friday declared a national emergency in an attempt to bypass Congress and redirect existing funds toward construction of his promised wall along the southern...

  • The Great Debt Debate: How Dangerous Is It?

    By Michael Rainey

    MIT economist Olivier Blanchard caused a stir in fiscal circles last month with an academic paper suggesting that current levels of public debt may be less worrisome than many experts think (see our...

  • U.S. President Trump addresses sheriffs and police chiefs conference in Washington

    Trump to Sign Border Deal — and Declare a National Emergency, Too

    Roses are red, Violets are blue, President Trump will sign the spending deal and declare a national emergency too. OK, it’s not the most romantic of gestures, but you could call it a Valentine’s Day...

  • Trump’s Exploding Deficit

    By The Fiscal Times Staff

    Federal tax revenues fell by 0.4 percent to $3.33 trillion in 2018, the first year under the new tax law, The Treasury Department said Wednesday. The drop in revenues, combined with a 4.4 percent...

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