Budget Battles
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Trump’s Coronavirus Response Raises Alarms
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Trump's Emergency Coronavirus Response
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Trump Promises More Bailout Cash for Farmers
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Elizabeth Warren Won the Debate. Will It Matter?
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How Medicare for All Is Tearing Democrats Apart
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Mike Bloomberg's Plan to Boost Social Security
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Court Strikes Down Trump Admin’s Medicaid Work Rules
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Trump: We’ll Spend ‘Whatever Is Appropriate’ to Fight Coronavirus
President Trump on Wednesday evening defended his administration’s preparedness for the new coronavirus, saying that the risk to the American public remains low and that Vice President Mike Pence...
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Fact Checking Sanders’ Latest Claims About Medicare for All
By Michael RaineyBernie Sanders’ Medicare-for-All proposal once again came under attack in Tuesday’s Democratic debate. In defense of his plan, the senator from Vermont cited a recent analysis in the British journal...
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Trump Wants $2.5 Billion to Fight the Coronavirus. Is It Enough?
“This could be bad.” With those words, public health officials on Tuesday urged Americans to prepare for the coronavirus to spread across U.S. communities and bring with it potentially significant...
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Sanders Releases Funding Options for His Big Plans
By Michael RaineyFacing questions about how he intends to pay for an ambitious policy agenda that includes single-payer health care, student debt cancellation and an expansion of Social Security, Vermont Sen. Bernie...
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Sanders Bristles When Asked on ’60 Minutes’ About the Cost of His Proposals
In an interview with “60 Minutes,” Sen. Bernie Sanders didn’t want to get into any details when pressed about the price tag for his ambitious agenda. He said his Medicare-for-All plan would cost...
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Trump’s Wealth Test for Immigrants Now in Effect
By Michael RaineyThe Trump administration on Monday began enforcing new rules designed to weed out immigrants who have used public assistance in the U.S. – or are at risk of doing so in the future. Building on...
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Trump Promises More Bailout Cash for Farmers
By Michael RaineyThe Trump administration has allocated $28 billion in aid for farmers hurt by the president’s trade war, with $12 billion set aside in 2018, followed by an additional $16 billion last year. On Friday...
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Census Bureau Spending Millions to Reassure Immigrant Communities
By Michael RaineyThe Census Bureau is spending $500 million over the next five months to boost awareness of and encourage participation in the national 2020 headcount. Some of the money is being spent to reassure...
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Point-Counterpoint: Bernie Sanders’ Big Spending Plans
Sen. Bernie Sanders, the current frontrunner for the Democratic presidential nomination, has proposed ambitious plans — most notably, a transition to a Medicare-for-All system — that would...
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Court Strikes Down Trump Administration’s Medicaid Work Requirements
By Michael RaineyA federal appeals court on Friday struck down the Trump administration’s approval of work requirements in the Arkansas Medicaid program, delivering a serious blow to the effort to impose more...
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Column of the Day: ‘Why Are Republican Policy Ideas Falling So Flat?’
By The Fiscal Times StaffNew York Times columnist Paul Krugman argues that “Republicans have decisively lost the battle of ideas” given that “their major policy moves, on health care, taxes and tariffs, are playing badly...
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A $24,000 Generic Drug Bargain?
By The Fiscal Times StaffGilead Sciences said it will start offering generic versions of its hepatitis C drugs Harvoni and Epclusa next year at a cost $24,000 for a full course of treatment. Gilead introduced Harvoni in 2014...
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Elizabeth Warren’s $500 Billion Housing Plan
By Michael RaineySen. Elizabeth Warren (D-MA) introduced an ambitious bill Tuesday that targets the growing problem facing millions of Americans: soaring rents and unaffordable home prices. The American Housing and...
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The Deficit Is Heading to $1 Trillion. How Worried Should We Be?
By Michael RaineyShould we be worried about the rising federal deficit? If not, when should we start worrying – when it hits $1 trillion a year? $2 trillion? Never? That’s the topic of debate in a Bloomberg piece...
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Why Trump May Opt for a Shutdown
By Michael RaineyPresident Trump’s abrupt criticism of a key spending bill yesterday has some political prognosticators saying there’s a real possibility of a government shutdown in the next 10 days. The Senate bill...