President Trump will be happy with the border wall funding Republicans are including in their next Homeland Security spending bill, the lawmaker writing the bill told The Washington Times.
Taxes & Budget
Coverage of the national budget and your taxes.
By Stephen Dinan - The Washington Times
House Speaker Paul D. Ryan said Thursday the numbers have improved, and he now thinks Republicans will keep control of the House in this year's elections Published July 12, 2018
The Health and Human Services Department flouted federal regulations when it let former secretary Tom Price use chartered planes instead of looking for cheaper options, squandering $341,000 in federal funds, an agency watchdog reported Friday.
U.S. employers kept up a brisk hiring pace in June by adding 213,000 jobs in a sign of confidence despite the start of a trade war with China.
We're used to hearing politicians oversell their accomplishments. But President Trump is absolutely right to brag about the Tax Cuts and Jobs Act.
President Trump is crowing about what he calls an "economic miracle" taking place since the $1.5 trillion tax cut took effect in December, reminding voters that his Republican Party deserves the credit for the country's good times.
After repeated promises from Republicans during last year's tax debate, the postcard-sized tax form is soon to become a reality.
Mike Zaffaroni calls the newest piece of equipment at his landscaping company in Jacksonville, Florida, his "Tax Cut Truck."
California tax lawyer Charles Rettig, President Trump's pick to be the next IRS commissioner, on Thursday pledged to run the agency in an independent, unbiased manner if confirmed -- including when it comes to how the agency plans to deal with a number of state workarounds to the new tax law.
House Speaker Paul D. Ryan on Wednesday threw his support behind a plan to move to a two-year budget for the federal government, saying it would give Congress more time to get its work done and perhaps end the cycle of shutdown showdowns.
The government is now staring at $100 trillion in total debt, the Congressional Budget Office said Tuesday, chronicling the disastrous trajectory of federal fiscal health.
The administration poked holes in its own zero-tolerance immigration policy Monday after the man who oversees the Border Patrol said they are no longer prosecuting illegal immigrant parents and the White House said they are out of resources to hold them anyway.
Time and again we hear politicians from different parts of the country profess the virtues of a soda tax. Their reasoning ranges from wanting to improve the public health, by cutting back consumption of unhealthy drinks, to talking about how much revenue it will bring in.
The Supreme Court overturned decades of precedent Thursday and paved the way for states to impose a broader internet sales tax.
Senators voted Wednesday to block President Trump's $15.4 billion spending cuts package, with lawmakers saying it trimmed the budget too much.
Medicaid fraud has risen and bogus payments have more than doubled since Obamacare expanded the government's chief health insurance program for the poor, topping $37 billion a year, according to a new report released Wednesday by the Senate's chief watchdog committee.
House Republicans on Tuesday proposed slashing trillions of dollars from the federal budget over the next decade, aiming to reach balance in nine years largely through limiting the growth of entitlements such as Medicare and Medicaid.
It seems like an easy call.
A new bipartisan bill introduced last week aims to directly help poor communities while also reducing the nation's debt.
House Budget Committee Chairman Steve Womack announced Monday that his committee will officially mark up a 2019 budget resolution this week, even as prospects for the full Congress to pass one remain iffy at best.
President Trump touted the latest job numbers Friday morning, arguing it would have been "a disaster" under the Democrats.
Last week's column about California's new water rationing apparently upset some of the Golden State's swamp. This columnist pointed out that a new law signed by Gov. Jerry Brown set new "standards" of water usage. Here's what their water-rationing bill (now law) says, in language everyone can understand.
Warning: Many of the everyday products that keep our homes and workplaces clean and healthy are being threatened by the U.S. Senate.
Federal authorities arrested and charged a Social Security employee Monday with a massive fraud, accusing her of using dead people's identities to apply for hundreds of thousands of dollars in bogus benefits she then pocketed.
The president's top economic adviser Larry Kudlow has suffered a heart attack, President Trump said.
Mitch McConnell, the Senate majority leader, is not the most charismatic, telegenic, or gripping figure to have graced the politics of the republic. His soft-spoken Southern manners tend more toward the soporific than the stimulating, and they sometimes lead his critics to underestimate him.
An expansion of veterans health care that President Trump signed Wednesday has touched off a budget battle, pitting the White House and GOP leaders against a bipartisan group of senators who want a $50 billion spending boost for the new law.
It's difficult to imagine that the U.S. Government has more money than it has figured out how to spend, but President Trump wants to give back $15.4 billion of such money and Congress is unhappy about it. This money is in appropriated, but unspent, funding from earlier years.
Climate activists say the D.C. Council not only should tax carbon pollution but do so at a higher rate than lawmakers are considering.
Social Security will spend more than it collects this year, the program's trustees said Tuesday, marking the first time in more than 35 years that it will run an annual deficit as it slides toward insolvency by 2034.
Senate Republican leaders have concluded that they will have to spend more time in the Washington swamp -- in August, no less -- if they want to make headway on draining it.
Medicare recipients filled fewer prescriptions for pricey brand-name drugs - but spent more on such meds anyway, says a government report released Monday. It blames rising manufacturer prices for squeezing older people and taxpayers.
President Trump slammed the Russia investigation Friday for costing taxpayers a near $17 million figure.
Far from cutting loopholes, Republicans left the federal tax code just as messy after their $1.5 trillion overhaul last year, according to a new report from Congress's official scorekeepers that signals President Trump and the GOP failed on one of their chief goals.
Prosecutors have offered a plea deal to the man who ran the largest disability scam in U.S. history, agreeing to a total of 27 years in prison to account for the fraud, plotting retaliation against a whistleblower, and for jumping bail to flee the country ahead of his sentencing.
Social Security just can't stop paying dead people. The massive public pensions system will pay millions this year to people it knows are dead -- in many cases, it even has death certificate numbers listed -- but officials can't seem to figure out how to stop outgoing benefit checks, according to a new inspector general's audit announced Wednesday.
You wouldn't want your surgeon to be someone who got a "D" in medical school. And you wouldn't trust your retirement account in the hands of someone who got a "D" in business school. By the same reasoning, the public should be paying attention to the latest rating guide from CharityWatch — and the "D" grade it issued to the Humane Society of the United States (HSUS).
President Trump has found a rarely used legislative tool that hasn't been employed in nearly 20 years to cut $15.4 billion in wasteful, needless federal spending.
The House Ways and Means Committee approved Thursday a massive overhaul of the country's welfare system that would push more people on the public dole to look for work, hoping to wean them off benefits altogether.
The Treasury Department warned states Wednesday to tread carefully as they consider gimmicks to try to let their wealthier taxpayers avoid higher bills under the new federal tax law.
Congress is already signaling it may miss this year's deadline for getting all of its spending bills done, setting up the possibility of a shutdown showdown at the height of the midterm election campaign.
Despite liberal hysterics, Republicans' recent tax cut raised top earners' share of America's tax burden. This seemingly "squared circle" is simply due to a fact true before the legislation and even truer after: Middle- and upper-income earners shoulder the overwhelming tax load. Equally obvious: Even so large a share is not enough for an insatiable left.
A majority of Americans give President Trump credit for the strong economy, according a new poll published on Sunday.
House conservatives flexed their legislative muscle last week in helping defeat the farm bill that Republican leaders had been desperate to pass -- but even leading members of the right-wing rebellion said they are not sure what happens now.
Over a 15-year period after the Sept. 11, 2001, attacks, the U.S. spent a whopping $2.8 trillion on counterterrorism efforts, a leading Washington think tank said Wednesday in a study that sheds new light on the true extent of American government spending to fight terror.
In December, Congress adopted one of the most important tax reform laws in our nation's history. It is producing higher wages, better job opportunities and greater economic expansion than we've seen in a decade. According to the Congressional Budget Office, revenues for the first seven months of the fiscal year have increased because of economic growth. The tax cuts are indeed paying for themselves — and then some.
Marijuana generated nearly $61 million in tax revenue for the state of California during the first three months of legal recreational weed sales, falling shy of preliminary projections.
Sixteen Republican senators are petitioning their leaders to work longer hours, over weekends and even through this year's planned August recess to clear a backlog of presidential nominations and head off potential spending battles ahead of the next funding deadline at the end of September.
Sen. John Barrasso credited President Trump and Republicans on Tuesday for changing policies to get the economy moving.
House GOP leaders vowed Tuesday to speed President Trump's new $15.4 billion spending cuts proposal through their chamber, brushing aside complaints from Democrats and some Republicans over the trims the White House wants to see.
White House Director of Management and Budget Mick Mulvaney said Tuesday that the administration's request for additional cuts to congressional spending should be bipartisan after Democrats pushed for higher spending in the original deal.
President Trump will propose a massive $15 billion spending cuts package to Congress on Tuesday, two months after the White House was stung by criticism from conservatives furious at the $300 billion funding hike Mr. Trump signed into law.
What is it about the internet that the government just can't seem to keep its greedy paws off of it?
President Trump said Saturday that "fake news" attacks on him can't hide the thriving economy or that Americas are doing better under his administration's policies.
"It's so evident that work is the only way to get people out of poverty."
California conservatives fired up the state's latest tax revolt Monday by submitting nearly one million signatures Monday to repeal the recent tax increase on gasoline and diesel.
Is it good policy to promote cronyism, waste, central planning, dependency and a dislike for markets? Of course not. However, the House Agriculture Committee didn't get the memo.
Rep. Kevin Brady said Monday that he discussed revisiting improvements to the tax code every year.
The California gas tax repeal effort has gathered nearly 900,000 signatures, far more than the 585,407 valid signatures required to qualify for the November 2018 ballot -- and the deadline isn't until May 21.
A wave of red-clad teachers will crash upon the Arizona state Capitol on Thursday for an unprecedented job action that will close schools for a majority of the state's public school students, part of an educator uprising that's also bubbled up in Colorado.
Lt. Col. Tony Shaffer, a retired military intelligence officer and a Senior Fellow at the London Center for Policy Research says that over seventy percent of the FBI's current budget dedicated to foreign counterintelligence investigations have been diverted to support the probe's activities. Shaffer made the revelation on my radio program Monday afternoon on WMAL in Washington DC:
Recent Opinion Columns
Most of the gifts exchanged at this time of year are opened on Christmas Day. But this time around, a big one arrived a few days early: the Tax Cuts and Jobs Act.
Americans are the most generous people in the world.
Every day there are legions of new economists who dismiss the Donald Trump economic agenda and his forecast of 3 percent growth as a wild-eyed fantasy. The consensus is that the economy "can't possibly grow at 3 percent" says The Wall Street Journal. "Slow growth is the new norm, so get used to it," writes Rucir Sharma, Morgan Stanley, chief global strategist at Morgan Stanley in Foreign Affairs magazine this month.
This past weekend marked President Trump's 100th day in office. While tax cuts and health care reform have been discussed, neither has moved forward. With a potential fight over the debt limit looming, there is surely a lot that could be said about what Mr. Trump has and has not accomplished over the last few months. But there is at least one bright spot: reducing burdensome federal regulations.
If you pay people not to work, what do you think they will do?
From The Vault
The federal government took in a record tax haul in April en route to its biggest-ever monthly budget surplus, the Congressional Budget Office said, as a surging economy left Americans with more money in their paychecks -- and this more to pay to Uncle Sam.
U.S. employers added a modest 103,000 jobs in March after several months of robust gains, though the government's overall jobs report suggests that the labor market remains fundamentally healthy.
The IRS is auditing fewer tax returns than at any other time in the past 15 years as the agency struggles with what it says it a shrinking budget and pressure from Congress to be less zealous in enforcement.
The U.S. economy grew at a solid rate of 2.6 percent in the final three months of last year, helped by the fastest consumer spending since the spring of 2016 and a big rebound in home construction.
Disney has joined a growing list of companies that have offered employees cash bonuses after the passage of tax reform legislation in Congress.
House Minority Leader Nancy Pelosi has belittled the burgeoning number of tax cut bonuses handed out by employers to millions of employees as "crumbs," but to workers receiving them, it's welcome cash in their pockets.
Walmart on Thursday announced that it will increase the starting wage rate for hourly employees to $11 and provide additional benefits to other workers in the wake of the $1.5 trillion tax-cut package Congress passed last month.
The unsung hero of the Republican Christmas gift of a tax cut is Arthur Laffer — the Reagan economist who helped devise the Gipper's tax reductions. Those tax cuts rebuilt the U.S. economy in the 1980s and pulled us out of the mini-depression of high inflation and unemployment in the late 1970s.
Republican negotiators on Wednesday said they've managed to strike a deal on a $1.4 trillion tax-cut package and that they'll be prepared to send it to President Trump's desk next week.
The Treasury Department said Monday that the Senate-approved tax reform plan would pay for itself and more, actually boosting revenue by $300 billion over 10 years.
U.S. employers added a robust 228,000 jobs in November, a sign of the job market's enduring strength in its ninth year of economic recovery.
The U.S. economy grew even faster than initially estimated in the third quarter, with gross domestic product rising 3.3 percent, the Commerce Department reported Wednesday.
U.S. employers added 209,000 jobs in July, a second straight month of robust gains that underscore the economy's vitality as it enters a ninth year of expansion.
It is no secret that what the major media seem to care most about is radically different from what concerns average Americans. While the inside-the-Beltway crowd continues to focus on alleged collusion between President Trump and Russia, real concerns like the future of Social Security are ignored.
The White House's newly minted 2018 budget sprints toward balance over the next decade by counting on a major economic growth spurt to boost revenue and deep cuts on the spending side -- all of it enhanced by more than a few gimmicks and wildly optimistic assumptions.