Budget
  • US Debt Issuance Headed for a Record High

    By Michael Rainey

    Bond traders expect the U.S. Treasury to announce record-setting debt sales at the end of the month, Bloomberg’s Liz McCormick says : “Many strategists at primary-dealer firms predict that the...

  • Transfer Payments Hit $3 Trillion Annual Pace

    By The Fiscal Times Staff

    Total government transfers reached $3 trillion on an annualized basis for the first time in September, according to data released by the Bureau of Economic Analysis Monday. Transfer payments include...

  • Defense Firms Don’t Like Competing on Price

    By Michael Rainey

    Boeing has won three big defense contracts in recent weeks, and its competitors aren’t happy about it. According to The Wall Street Journal Thursday, rivals including Lockheed Martin are worried that...

  • Trump speaks at the Department of Health and Human Services in Washington

    Trump Wants ‘Revolutionary’ Changes to Medicare Drug Payments

    President Trump on Thursday said his administration is taking “revolutionary” action to change how Medicare pays for some drugs and end what he described as a “rigged” and “unfair” system that...

  • The Air Force’s $1,280 Coffee Cup

    By Michael Rainey

    Keeping a cup of coffee hot can be a pricey proposition if you happen to serve on a U.S. Air Force transport jet. Crew members on more than 300 KC-10, C-5 and C-17 aircraft use specially designed...

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