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Sunday, August 20, 2017
Federal Budget
budget math

#EndorseThis: Colbert Solves Trump’s Problem With Budget Math

Reviewing the calculations behind Trump’s budget math, Colbert notes that cutting rich people’s taxes is expected to “magically” increase revenues by two trillion bucks over ten years — and that budget director Mick Mulvaney then doubles the magic by counting that revenue twice.

May 29, 2017
Budget

In Trump’s Budget, Both Epic Betrayal And Mathematical Fraud

Aside from defense spending, the Trump budget violates nearly every programmatic promise he made to voters last year. And adding insult to real injuries, he pretends to fulfill his promise to balance the budget with fake numbers.

Not only are the numbers phony, but they represent the most audacious mathematical con game in a federal budget that anyone in Washington can remember. It is phonier than the phony budgets cooked up during the Reagan era, when the president’s own budget director eventually confessed, “None of us really understands what’s going on with all these numbers.”

May 26, 2017
Can the Democratic Party mobilize energy that drove Women's March?

The Tyranny of A Minority President Has Begun — And So Has The Resistance

As he was about to take the oath of office, Trump’s team announced plans for $10.5 trillion in cuts based on a plan devised by the Heritage Foundation — a plan that includes huge cuts to Social Security, Medicare, Medicaid and the Defense Department.

January 23, 2017
Nannygate

Trump Says Rep. Mulvaney To Be White House Budget Director

Trump called Mulvaney a Congressional voice for “reining in out-of-control spending” and “fighting government waste.” The night before, he promised to seek $1 trillion to spend on infrastructure programs.

December 17, 2016

The Odd Politics Of Fighting Wildfires

Much of the Forest Service’s swelling bill for suppressing wildfires comes from the rising cost of protecting residences in the “wildland-urban interface.” About 16 million houses were built in fire-prone rural areas over the last two decades.

August 27, 2015

Deficit Dips, But Long-Term Federal Budget Outlook Remains Dim

By Lisa Mascaro, Tribune Washington Bureau WASHINGTON — The federal deficit continues to decline thanks to budget cuts, slower growth in Medicare costs and increased tax revenue, but the nation’s long-term fiscal outlook remains troubled, according to a report Wednesday from the Congressional Budget Office. At $506 billion for fiscal 2014, the federal deficit is […]

August 27, 2014