The Fiscal Times |

Latest News

7 Huge Tax Breaks in the Senate GOP Health Care Plan

By Eric Pianin

The Senate legislation would cut hundreds of billions of dollars from Medicaid programs while repealing hundreds of billions of dollars of taxes on wealthier Americans and businesses.
Carrier Employees Brace for Layoffs as Trump's Deal to Save Jobs Loses Its Shine

By Scott Cohn, CNBC

More than 600 employees at a Carrier plant in Indianapolis are bracing for layoffs beginning next month, despite being told by President Trump that nearly all the jobs at the plant had been saved...
The Marines’ Newest Weapon: 3-D Printed Drones

By Ciro Scotti

The Marines are about to begin equipping forward-deployed, on-the-ground units with 3-D printed drones that will gather intelligence.
The Missing Detail That Could Kill the Senate Republican Health Care Plan

By Rob Garver

The Senate version of Republicans’ plan to get rid of the Affordable Care Act actually incorporates a whole lot of the law it’s supposedly meant to repeal, but there is one element missing that could...
Will Cheap Gas Make This the Most Crowded 4th of July Ever?

By Beth Braverman

The roads and the skies will likely be more crowded for travelers this holiday weekend.

How an Impatient Pentagon Is Wasting Billions in Taxpayer Dollars

By Ciro Scotti

Navy plans to possibly skip critical testing of the $12.9 billion aircraft carrier USS Gerald R. Ford are part of a pattern of the military pushing forward with major weapons systems before design,...
Trump’s Fly-by-Night Mideast ‘Policy’ Embraces the Saudi’s New Crown Prince

By Patrick Smith

It’s not likely that President Trump knew what he was getting into when he embraced the Saudis as the rightful leaders of the Islamic world and the war on terror during his visit to Riyadh last month...
Five Reasons Moderates Don’t Like the Senate GOP Plan to Overhaul Medicaid

By Eric Pianin

President Trump urged Senate GOP leaders to produce a bill to repeal and replace the Affordable Care Act that wasn’t as “mean” as the recent House-passed version. But critics say that, at least in...
Obama Rips ‘Fundamental Meanness’ of the GOP Health Plan

By Rob Garver

There was a time, when he was in office, when President Obama actively avoided making public statements about legislation that was the subject of tough partisan fights. He and his aides had become...
Why Some GOP Senators Are Balking at Their New Health Care Plan

By Rob Garver

The long-awaited release of the Senate’s proposal to repeal and replace the Affordable Care Act started the clock ticking on another countdown: the wait to see how crucial Republicans whose support...