Feb 13, 2018 - Politics & Policy

The Trump budget's big deficit increases

Copies of President Trump's $4.4 trillion 2019 budget proposal. Photo: Saul Loeb / AFP via Getty Images

"The White House and Congress have shown little willingness to cut back on spending, finding it easier to cut taxes and increase spending during Trump’s presidency," the WashPost reports in its lead story.

Why it doesn't matter: "The deep safety-net cuts in Trump’s budget may play to his base, but they will go nowhere in the Senate, where support would be needed from Democrats."

Chart: AP; Data: Office of Management and Budget

Go deeper: Agency-by-agency highlights of Trump’s 2019 budget.

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Felix Salmon, author of Capital
18 mins ago - Economy & Business

A white-collar crime crackdown

Illustration: Eniola Odetunde/Axios

America has waited a decade for an aggressive government crackdown on white-collar crime. Now, just before the election, and in the middle of a bull market, it has arrived.

Why it matters: When times are good, investors become more trusting and more greedy. That makes them more likely to put their money into fraudulent or criminal enterprises.

  • After a decade-long bull market, there is no shortage of those frauds to prosecute.
Go deeper (2 min. read)Arrow
Ashley Gold
46 mins ago - Technology

Lawyers crystal-ball the Google antitrust case

Illustration: Eniola Odetunde/Axios

The Justice Department's antitrust suit against Google is a strong, straightforward monopoly case, competition lawyers and experts tell Axios. But that doesn't mean it'll be an easy journey for the government.

The big picture: Winning any antitrust case is a heavy lift. It's even more of a challenge to pull off victory in a future-looking case that seeks to make room for potential new competition to flourish.

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Sam Baker, Andrew Witherspoon
51 mins ago - Health

The pandemic is getting worse again

Expand chart
Data: The COVID Tracking Project, state health departments; Note: Due to a database error, Missouri had a 3 day gap in reporting from Oct. 11-13; Map: Andrew Witherspoon/Axios

Every available piece of data proves it: The coronavirus pandemic is getting worse again, all across America.

The big picture: As the death toll ticks past 212,000, at a moment when containing the virus ought to be easier and more urgent than ever, we are instead giving it a bigger foothold to grow from.

Go deeper (2 min. read)Arrow

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