Government Spending
Congress Finally Funds the Government
The controversial funding package could put Speaker Mike Johnson’s gavel at risk.
We Don’t Have a Wealth Problem. We Have a Math Problem.
The U.S. has enough money to do what it wants to do. But x is always less than 1.5x.
The (Very Recent) Past is Prologue
House Republicans find themselves in familiar territory.
The Impending Government Shutdown Is Nothing but Theater
The loudest Republicans have failed to produce any coherent strategy to rein in deficits.
Kevin McCarthy’s Historically Bad Week
Plus: Washington welcomes Ukrainian President Volodymyr Zelensky. Sort of.
House Republicans Saddle Up for More Chaos
Even their own colleagues aren’t sure of what the GOP holdouts want from the spending impasse.
Will Kevin McCarthy Fight Back?
It’s unclear whether the speaker has the votes to push a stopgap spending measure, but the endgame for House hardliners is even foggier.
Strolling Toward a Shutdown
Plus: So much for the hopes for a room-temperature superconductor.
Approaching the Appropriations Fight
The tight deadline to pass a series of spending bills will again test Kevin McCarthy’s leadership.
Interest Payments Are a Ticking Time Bomb
Massive federal borrowing means gambling America’s economic future on interest rates never rising.
Powerball Politics
Too many in Washington want to ignore the price of risk or wrangle with costs and trade-offs.