Newsletter

  • The California and U.S. flags fly in Carson, California, U.S. on August 5, 2015. Picture taken on August 5, 2015.    REUTERS/Mike Blake

    Chart of the Day: Medi-Cal's Major Growth

    “Medi-Cal had a big decade,” writes Harriet Blair Rowan at Kaiser Health News . “The number of Californians enrolled in the state’s health insurance program for low-income residents swelled by 5.5...

  • FILE PHOTO: Dimon, Chairman and CEO of JPMorgan Chase & Co. speaks during the Milken Institute Global Conference in Beverly Hills

    Trump Tax Cuts Have Saved 6 Big Banks $32 Billion

    The six biggest U.S. banks have saved $32 billion in taxes, including $18 billion last year, as a result of the 2017 Trump tax cuts, Yalman Onaran reports at Bloomberg News. The average effective tax...

  • Democratic 2020 U.S. presidential candidates Tom Steyer, Elizabeth Warren, Joe Biden, Bernie Sanders, Pete Buttigieg and Amy Klobuchar participate in the seventh Democratic 2020 presidential debate in Des Moines

    Three Fiscal Takeaways from the Democratic Presidential Debate

    The Iowa caucuses are less than three weeks away and the top four Democratic presidential contenders are tightly bunched in state polling, so the stakes were high at Tuesday night’s primary debate,...

  • U.S. President Donald Trump visits a section of the U.S.-Mexico border wall in Otay Mesa

    Trump Wants to Divert Military Funds to His Wall Again

    President Trump is planning to shift $7.2 billion in Pentagon funds toward construction of border barriers this year — more than his administration reprogrammed last year and five times what Congress...

  • 4 Potential Reforms for the Capital Gains Tax

    Reforming the capital gains tax is one way to simultaneously address both rising inequality and growing federal deficits, say William G. Gale and Grace Enda of the Brookings Institution. The current...

  • Julia Rosamond discusses a new Medicaid rule in Lepanto Arkansas

    More Than 2 Million Adults Fall Into Medicaid ‘Coverage Gap’

    The Affordable Care Act enabled states to expand their Medicaid programs to include millions of low-income adults, but as of today 14 states have declined to do so (see this tracker for more details...

  • District of Columbia

    The Deficit Topped $1 Trillion in 2019

    The federal budget deficit for calendar year 2019 topped $1 trillion, according to data released by the Treasury Department Monday. Some details: The shortfall from January through December totaled $...

  • U.S. President Trump departs for travel to Louisiana from the White House in Washington

    Trump’s ‘Four Pinocchio’ Tax Claim

    President Trump routinely lies or makes exaggerated, unsupported and misleading claims. The Washington Post’s most recent tally of such statements topped more than 15,400 over Trump’s first 1,055...