Political Wire

  • Front Page
  • Trending
  • Members
    • Subscribe
    • Sign In
  • Contact Us

Ryan Claims ‘Understanding’ to Prevent Shutdown

September 6, 2018 at 1:03 pm EDT By Taegan Goddard Leave a Comment

Speaker Paul Ryan says that he has a “good understanding” with President Trump to fund the government by a Sept. 30 deadline, despite Trump’s comments a day earlier that he would be willing to shut down government if Congress does not provide enough border security funding, Reuters reports.

Said Ryan: “We have a very good understanding with the president that we want to get our appropriations done… And we have a very good agreement and understanding that we’re going to keep government funded.”

Stan Collender: “Trump continues to be ‘consistently inconsistent’ about a shutdown so everything he says about it on any day should be taken with at least a grain, if not a whole shaker, of salt. Bottom line: There’s still a 60 percent chance of a shutdown.”

Filed Under: Budget & Taxes

Trump Backs Off Shutdown Threat

September 5, 2018 at 10:46 am EDT By Taegan Goddard Leave a Comment

President Trump “said he was unlikely to shut down the federal government ahead of the Nov. 6 midterm elections over funding the construction of a southern border wall as part of his controversial immigration plan,” Reuters reports.

Said Trump: “I don’t like the idea of shutdowns. I don’t see even myself or anybody else closing down the country right now.”

Filed Under: Budget & Taxes

White House Mulls ‘Partial Shutdown’

September 1, 2018 at 1:56 pm EDT By Taegan Goddard Leave a Comment

“When Congress returns from recess after Labor Day weekend, lawmakers will have just 11 legislative days before an Oct. 1 deadline to pass new spending legislation or a stopgap funding bill to keep the government open, or risk the third government shutdown in 2018,” CNBC reports.

“But the White House is considering at least one alternative option, according to three people who have discussed the idea with West Wing officials: A ‘partial shutdown,’ in which President Trump would sign stand-alone bills to fund the majority of the government, while reserving the right to veto others if they don’t include funding for the border wall.”

“The strategy, said to be supported internally by senior policy advisor Stephen Miller and, to a lesser extent, budget director Mick Mulvaney, would eliminate traditional shutdown vignettes of withheld paychecks and closed national parks and veterans affairs facilities. It would allow the White House to exact leverage over a specific campaign issue before a potential party reorg in Congress — and prevent a forced signature on a wide-ranging and opaque spending bill that excludes his top priority.”

Filed Under: Budget & Taxes, Immigration

President's Day Special

Get 20% off an Annual, Family or Inner Circle membership using coupon code 0020PD.



Trump May Have Another Reason to Shut Government

August 30, 2018 at 8:12 pm EDT By Taegan Goddard Leave a Comment

Stan Collender: “Donald Trump has added another reason he might cause a government shutdown a month from now: no pay raise for federal employees of domestic federal agencies and departments.”

“Congress can, and in my estimation probably will, reject this. The House and Senate will likely put language that mandates the civilian pay raise in the continuing resolution that will be needed by October 1 to keep the government open.”

“The question then will be what will Trump with a CR that very openly defies him.”

Filed Under: Budget & Taxes

Shutdown Odds Likely to Grow

August 27, 2018 at 9:26 am EDT By Taegan Goddard Leave a Comment

Stan Collender: “Today, with exactly (and just) five weeks to go before the start of the next federal fiscal year, nothing has changed to make the odds of a government shutdown less than they were before the House of Representatives began its summer-Labor Day recess.”

“As a result, I’m sticking with my previous estimate that there’s a 60 percent chance the federal government will shut down this October 1.”

“That is, I’m sticking with 60 percent for now. If anything, the likelihood of a shutdown is only going to increase from here.”

Filed Under: Budget & Taxes

Obamacare More Popular Than GOP Tax Cuts

August 23, 2018 at 4:19 pm EDT By Taegan Goddard Leave a Comment

A new Fox News poll finds the Affordable Care Act is more popular than the new Republican tax law.

The 2010 health-care law registered a 51% approval rating, compared with 40% for the 2017 Republican tax cuts.

Filed Under: Budget & Taxes, Health Care

Mulvaney Says Parade Wasn’t Cancelled Over Cost

August 19, 2018 at 11:17 am EDT By Taegan Goddard Leave a Comment

Budget director Mick Mulvaney said he believes President Trump’s plans for a military parade were canceled for other reasons besides the cost of the event, but would not specify other “contributing factors,” Politico reports.

Said Mulvaney:  “If the parade had been canceled purely for fiscal reasons, I imagine I would have been in the room when that was made and I wasn’t. So my guess is there were other contributing factors.”

Filed Under: Budget & Taxes Tagged With: Mick Mulvaney

Quote of the Day

August 19, 2018 at 9:15 am EDT By Taegan Goddard Leave a Comment

“The instinct that some Democrats have, which is born out of a sense of responsibility as the ‘governing’ party, is to explain exactly how you’re going to pay for everything and how it all adds up. It puts you at a total disadvantage because you’re already constraining your priorities.”

— Sen. Brian Schatz (D-HI), in an interview with NBC News.

Filed Under: Budget & Taxes

Tax Cuts Are a Hit with Big GOP Donors

August 18, 2018 at 10:42 am EDT By Taegan Goddard Leave a Comment

“Republicans are struggling to make the $1.5 trillion Trump tax cuts a winning issue with voters in the midterm congressional elections, but the cuts are helping the party in another crucial way: unlocking tens of millions of dollars in campaign donations from the wealthy conservatives and corporate interests that benefited handsomely from it,” the New York Times reports.

“Billionaires and corporations that reaped millions of dollars in tax cuts are pumping some of that windfall into the Congressional Leadership Fund, a super PAC closely aligned with Speaker Paul Ryan that is flooding the airwaves and front porches of swing congressional districts with increasingly sharp attacks on the Democratic candidates vying to wrest control of the House.”

Filed Under: 2018 Campaign, Budget & Taxes

Why Trump May Force a Shutdown Before the Election

August 2, 2018 at 7:09 am EDT By Taegan Goddard Leave a Comment

Playbook: “What Hill Republicans don’t seem to understand is that Trump believes an immigration showdown before the election would be good for him. His thinking, according to people who speak with him, is that he won an election that was centered on immigration policy, so it’s a good issue to have front and center this fall. Furthermore, Trump is being pushed by aides who believe that he’ll never have bigger numbers on the Hill than he does now, so he should push for the policies he wants immediately.”

Filed Under: Budget & Taxes, Immigration

Trump Again Threatens a Government Shutdown

July 31, 2018 at 3:13 pm EDT By Taegan Goddard Leave a Comment

President Trump again threatened a government shutdown over his border wall in a tweet: “I don’t care what the political ramifications are… and there is no way that the Democrats will allow it to be fixed without a Government Shutdown.”

However, a senior GOP official tells Jonathan Swan that the tweet was not “intended to signal a change in timing on the shutdown. The working understanding among senior staff is that he’ll wait until after the elections to have the shutdown fight.”

Filed Under: Budget & Taxes, Immigration

Trump Mulls a Unilateral Tax Cut for the Wealthy

July 30, 2018 at 5:34 pm EDT By Taegan Goddard Leave a Comment

“The Trump administration is considering bypassing Congress to grant a $100 billion tax cut mainly to the wealthy, a legally tenuous maneuver that would cut capital gains taxation and fulfill a long-held ambition of many investors and conservatives,” the New York Times reports.

“Steven Mnuchin, the Treasury secretary, said in an interview on the sidelines of the Group of 20 summit meeting in Argentina this month that his department was studying whether it could use its regulatory powers to allow Americans to account for inflation in determining capital gains tax liabilities.”

Said Mnuchin: “If it can’t get done through a legislation process, we will look at what tools at Treasury we have to do it on our own and we’ll consider that.”

Filed Under: Budget & Taxes

Trump Doubles-Down on Shutdown Threat

July 30, 2018 at 2:45 pm EDT By Taegan Goddard Leave a Comment

President Trump “reiterated his willingness Monday to allow the government to shut down this fall if he does not receive sufficient funding for border security but he declined to take a firm stance on the specific amount of money he would accept,” CNN reports.

Said Trump: “If we don’t get border security after many, many years of talk within the United States, I would have no problem doing a shutdown. It’s time we have proper border security. We’re the laughingstock of the world. We have the worst immigration laws anywhere in the world.”

Filed Under: Budget & Taxes

Huge Payouts for CEOs Followed Trump’s Tax Cuts

July 30, 2018 at 7:15 am EDT By Taegan Goddard Leave a Comment

“Some of the biggest winners from President Trump’s new tax law are corporate executives who have reaped gains as their companies buy back a record amount of stock, a practice that rewards shareholders by boosting the value of existing shares,” Politico reports.

“A Politico review of data disclosed in SEC filings shows the executives, who often receive most of their compensation in stock, have been profiting handsomely by selling shares since Trump signed the law on Dec. 22 and slashed corporate tax rates to 21 percent. That trend is likely to increase as Wall Street analysts expect buyback activity to accelerate in the coming weeks.”

Filed Under: Budget & Taxes

Trump Threatens to Shut Down Government

July 29, 2018 at 10:15 am EDT By Taegan Goddard Leave a Comment

President Trump “threatened to shut down the federal government if Congress does not pass sweeping changes to immigration laws, including appropriating more public money to build his long-promised border wall,” the Washington Post reports.

“Trump’s threat raises the stakes ahead of a Sept. 30 government funding deadline, a political showdown before the November midterms that Republican congressional leaders had hoped to avoid.”

Playbook: “Republican leaders have been telling us for months that they think they’ve convinced Trump a shutdown is a bad idea. Clearly they have not. In fact, Trump seems to be broadening his demands. He is signaling he’ll demand immigration changes as part of the government funding bill. Government funding runs out 37 days before Election Day.”

“Some in Trump’s universe believe a shutdown would be a good base-rallying tactic.”

Filed Under: Budget & Taxes

GOP Lawmakers Pitch Plan to Avoid Shutdown

July 26, 2018 at 9:49 am EDT By Taegan Goddard Leave a Comment

Senate Majority Leader Mitch McConnell and House Speaker Paul Ryan “presented a government spending strategy intended to minimize the threat of a politically debilitating government funding lapse over border wall funding. And Trump seemed receptive,” Politico reports.

“Trump made clear to the GOP leaders that he still wants a $5 billion down payment on his wall this year, but he signaled to the leaders that he might be willing to wage that fight after the midterms. Though the House plans to pass a spending bill giving Trump $5 billion for the wall, Senate Democrats are unlikely to agree to fund more than the $1.6 billion initially requested by the Trump administration — meaning any attempt to fund the Department of Homeland Security could lead to a shutdown.”

James Hohmann: “To be sure, Trump changes his mind all the time. And just because he agrees to something today does not mean he won’t change his mind tomorrow. He’s officially endorsed bills, for example, only to equivocate after seeing a negative segment on Fox News.”

Filed Under: Budget & Taxes

GOP Tax Cut Exploding the Deficit

July 26, 2018 at 5:13 am EDT By Taegan Goddard Leave a Comment

“The amount of corporate taxes collected by the federal government has plunged to historically low levels in the first six months of the year, pushing up the federal budget deficit much faster than economists had predicted,” the New York Times reports.

“The reason is President Trump’s tax cuts. The law introduced a standard corporate rate of 21 percent, down from a high of 35 percent, and allowed companies to immediately deduct many new investments. As companies operate with lower taxes and a greater ability to reduce what they owe, the federal government is receiving far less than it would have before the overhaul.”

Filed Under: Budget & Taxes

Odds of Government Shutdown Now 60%

July 24, 2018 at 7:17 am EDT By Taegan Goddard Leave a Comment

Stan Collender: “The deadline for Congress and President Donald Trump to come to an agreement that will avoid a government shutdown this fall — which may be a much more frequent threat and occurrence these days than it used to be but would still be anything but routine – is approaching quickly and neither the White House, House Speaker Paul Ryan (R-WI) or Senate Majority Leader Mitch McConnell (R-KY) have done anything to make it less likely.”

”Because of that, because the time left to prevent it from happening is steadily dwindling and because the other must-do tasks Congress has left are still multiplying, the chances of a shutdown happening this year are greater now than they were even a few week ago.”

Filed Under: Budget & Taxes

  • « Previous Page
  • 1
  • …
  • 136
  • 137
  • 138
  • 139
  • 140
  • …
  • 234
  • Next Page »

Your Account

Sign in

Members Only

  • How ‘Electability’ Became a Democratic Obsession
  • Where’s My Check?
  • Weekly News Quiz
  • Trump’s Favorite Strategy Stops Working
  • Any Connection Here?

Trial Balloon

Add Trial Balloon to your podcast player to get new episodes each week.


About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

Praise for Political Wire

“There are a lot of blogs and news sites claiming to understand politics, but only a few actually do. Political Wire is one of them.”

— Chuck Todd, host of “Meet the Press”

“Concise. Relevant. To the point. Political Wire is the first site I check when I’m looking for the latest political nugget. That pretty much says it all.”

— Stuart Rothenberg, editor of the Rothenberg Political Report

“Political Wire is one of only four or five sites that I check every day and sometimes several times a day, for the latest political news and developments.”

— Charlie Cook, editor of the Cook Political Report

“The big news, delicious tidbits, pearls of wisdom — nicely packaged, constantly updated… What political junkie could ask for more?”

— Larry Sabato, Center for Politics, University of Virginia

“Political Wire is a great, great site.”

— Joe Scarborough, host of MSNBC’s “Morning Joe”

“Taegan Goddard has a knack for digging out political gems that too often get passed over by the mainstream press, and for delivering the latest electoral developments in a sharp, no frills style that makes his Political Wire an addictive blog habit you don’t want to kick.”

— Arianna Huffington, founder of The Huffington Post

“Political Wire is one of the absolute must-read sites in the blogosphere.”

— Glenn Reynolds, founder of Instapundit

“I rely on Taegan Goddard’s Political Wire for straight, fair political news, he gets right to the point. It’s an eagerly anticipated part of my news reading.”

— Craig Newmark, founder of Craigslist.

Copyright © 2026 · Goddard Media LLC | Privacy Policy | Corrections Policy

Political Wire ® is a registered trademark of Goddard Media LLC