Judge to block Trump administration’s rules targeting Planned Parenthood
President Trump’s administration foreshadowed weeks, if not months, of trench warfare with Congress on Tuesday as it defied demands for documents and testimony on multiple fronts in an effort to thwart expanding investigations mounted by House Democrats.
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$2,198,468,000,000: Federal Spending Hit 10-Year High Through March; Taxes Hit 5-Year Low
The federal government spent $2,198,468,000,000 in the first six months of fiscal 2019 (October through March), which is the most it has spent in the first six months of any fiscal year in the last decade, according to the Monthly Treasury Statements.
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Republicans won’t act on Obamacare repeal until White House delivers proposal
Republicans in Congress are giving President Trump the cold shoulder as he pushes them into another risky political battle to replace Obamacare, insisting they won’t act until the White House delivers a detailed proposal.
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Federal Spending Hits Highest Level Since Bank Bailout and Obama Stimulus
The federal government spent $1,822,712,000,000 in the first five months of fiscal 2019, the most it has spent in the first five months of any fiscal year since 2009, which was the fiscal year that outgoing President George W. Bush signed a $700-billion law to bailout the banking industry and incoming President Barack Obama signed a $787-billion law to stimulate an economy then in recession.
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Trump budget calls for adding almost as much to the debt as Obama did
President Trump’s fiscal year 2020 budget projects that he would add nearly as much to the national debt in eight years as former President Barack Obama did during his tenure.
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Government report reveals CBO was scandalously off in Obamacare estimates
A new report from government actuaries has revealed that the Congressional Budget Office was scandalously off in its estimates of the impact of Obamacare’s individual mandate, a miscalculation that has had significant ramifications for healthcare and tax policy over the past decade.
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