President Donald Trump speaks during a cabinet meeting at the White House on April 9th. Photograph: AP Photo/Evan Vucci

The US is heading for trillion-dollar annual budget deficits from 2020 as Republican-led tax cuts and higher public spending strain the nation’s finan(...)

Post-truth drove into our lives in the shape of the Brexit bus and its claim that the UK could save £350 million a week through cutting contributions to the EU budget after Brexit. Photograph: Jack Taylor/Getty Images

Fake news, having made our acquaintance in 2016 with the election of President Trump, had another big year. The people in Collins dictionary named it (...)

Senate majority leader Mitch McConnell speaks to the media about delaying a vote on Republican healthcare plans. Photograph: Aaron P Bernstein/Reuters

Republicans were forced to postpone a decision on their healthcare plan on Tuesday, delaying a Senate vote until after the July 4th recess having fail(...)

Sen Rand Paul: “When is the last time in our country we created millions of jobs? It was under Ronald Reagan.” Photograph: Alex Wong/Getty Images

Even if Republicans take the Senate this year, gaining control of both houses of Congress, they will not gain much in conventional terms: they’re a(...)

President Barack Obama – there are indications some of the cost-reducing measures contained in the affordable care Act, aka Obamacare, are starting to “bend the curve”, just as they were supposed to. Photograph: Christopher Gregory/The New York Times

Last month the congressional budget office released its much-anticipated projections for debt and deficits, and there were cries of lamentation from t(...)