Budget

President Donald Trump is requesting an $810 billion, 10-year reauthorization of surface transportation programs as part of $1 trillion in direct federal spending on infrastructure over the next decade. The proposal, released Monday as part of the president's fiscal year 2021 budget proposal,...

President Donald Trump plans to present a $4.8 trillion budget on Monday, which will propose cuts in safety-net programs like Medicare and Medicaid. What Happened Trump’s budget will also propose a 21% cut in foreign aid for fiscal 2021. Reuter’s reports that Trump had tried to cut the...

The poor, the elderly, the disabled, college students and environmental protections all stand to take a big hit if Congress approves President Donald Trump’s $4.1 trillion budget for fiscal year 2018. Defense contractors, corporations in general and the wealthiest Americans all stand to gain...

The back half of winter generally marks the time when most people who experience the dregs of the season begin longing for warm weather and some more daylight. But even if you live in a region where winter doesn't hit the thermometer quite as hard, now is the time that preliminary summer plans...

It’s finally here. Christmas and Hanukkah are just days away in what has been a tumultuous year for many, strife with economic volatility and negative sentiments. However, for the first time in millennials’ lifetimes, Christmas and Hanukkah overlap. Serendipitously, perhaps, in a...

Whether or not your New Year's resolution is to save more money, it is important for millennials to consider how saving now will improve their future. Yes, retirement can be attainable, and here's how to get there: Consider what you spend the most on and, of those expenditures, what can...

Whether you are a millennial, retiree or someone somewhere in the middle, the year's end can do some serious damage to your finances. While the concerns are cross-generational, there are certain things more applicable in December depending on your age. As the year winds down, many Americans stress...

Millennials have a reputation for being "stingy," "cheap" and too financially risk-adverse. However, despite the negative stereotypes, what is often underappreciated about the generation is its ability to be frugal in a way that secures a financial future. It may not be the...

Millennial ghouls and boogies, with Halloween here, the holiday shopping season has unofficially begun. Forget harmless pranks and spooktacular extravaganzas, for many, the scariest part of this season is only a few clicks away or an unopened bank statement. Just as the most frightening horror...

Being productive does not have to be a massive undertaking. Quite counterintuitively, small steps often pave the way toward greater, more permanent change than massive, sweeping strides. Just as habitual psychology suggests making small changes slowly as opposed to embarking on an immediate 180...

While the reasons vary and debt in and of itself is not an indicator of a person's character, cyclical debt is highly problematic. Unlike a single instance of debilitating debt caused by inexplicable bad fortune, cyclical debt is the yo-yo dieting of the financial realm. Individuals make poor money...

Congress is back in Washington this week to work on completing a spending bill ahead of a September 30 deadline. Not surprisingly, not only is Congress expected to miss the deadline for the bill, lawmakers can’t agree on the duration of a stopgap spending bill. The spending bill will be the...

Regardless of how old you are, there's something you should be doing to prep for retirement. From basic planning strategies to hunkering down for the last lap, keep track of where you are on the journey. It starts much earlier than most people assume. Before 25 While advice for young adults...

Retirement may still be a handful of decades away, but thinking long term — over 40 years ahead — can pay off in almost incomprehensible ways. The choices you make while you're still young will have a huge impact on your future. For example, by investing an annual $2,000 for seven...

When you've found yourself in deep debt, the kind that can physically make you ill when you think about your income versus your spending habits, it's easy to cajole yourself into a state of submission. By actively ignoring the issue (too much outflow for too little income) and passively...