The Yuge Republican Lie About the Deficit

by Robert Reich When asked about America’s soaring debt and deficits, Senate Majority Leader Mitch McConnell lamented “It’s disappointing, but it’s not a Republican problem,” and he blames Social Security, Medicare and Medicaid. Rubbish. It’s… Read More

New York Attorney General Opens Investigation of Trump Projects

The request to Deutsche Bank sought loan applications, mortgages, lines of credit and other financing transactions in connection with the Trump International Hotel in Washington; the Trump National Doral outside Miami; and the Trump International… Read More

No-deal Brexit could cost Japanese carmakers in UK $1bn a year

A no-deal Brexit would cost Japanese carmakers in Britain more than $1bn a year if 10% tariffs were imposed on trade between the UK and EU, new analysis suggests. Nissan, Toyota and Honda together account… Read More

Trump to seek $8.6 billion to finish border wall before 2020 election

President Donald Trump will ask Congress for another $8.6 billion to complete a 722-mile wall along the U.S.-Mexico border, a senior administration official told POLITICO on Sunday, part of a cost-cutting opening budget offer that… Read More

Senators Urge IRS to Focus on Big-Time Tax Cheats, Citing ProPublica Stories

Bernie Sanders, Elizabeth Warren and three fellow senators say the agency should do more to tackle financial crimes, even in the face of crippling budget cuts. by Paul Kiel and Jesse Eisinger In a letter… Read More

As budget deficit balloons, few in Washington seem to care

The federal budget deficit is ballooning on President Donald Trump’s watch and few in Washington seem to care. And even if they did, the political dynamics that enabled bipartisan deficit-cutting deals decades ago has disappeared,… Read More