Friday, December 12 is the deadline for public comments on a policy the Trump Administration secretly adopted in May, giving ...
Addressing the nation’s long-term fiscal problems with any constitutional amendment to require annual balanced budgets would ...
Less than two months after signing massive tax cuts that largely benefit those at the top of the economic ladder, President Trump has put forward a 2019 budget that cuts basic assistance that millions ...
The 2017 tax law’s 20 percent deduction for pass-through business income exemplifies the worst flaws of the law: it’s skewed to the rich, costs significant revenue, and has failed to deliver its ...
With just weeks to go until the premium tax credit (PTC) enhancements expire — which would increase Affordable Care Act (ACA) ...
Participation and spending in the Supplemental Nutrition Assistance Program (SNAP, formerly food stamps) continue to decline, reflecting the program’s responsiveness to economic conditions, which ...
Critics of proposals to make the tax system more progressive or to take other steps to help lessen widening income inequality [2] sometimes cite a 2008 Organisation for Economic Co-Operation and ...
The national recession has had such a devastating effect on state finances that states took in $87 billion less in tax revenue from October 2008 through September 2009 than they collected in the ...
The Temporary Assistance for Needy Families (TANF) provisions in House Speaker Kevin McCarthy’s debt-limit-and-cuts bill double down on TANF’s already expansive, rigid, and ineffective work ...
Costing well over $100 billion a year, tax incentives for retirement plans such as pensions, 401(k)s, and individual retirement accounts (IRAs) are one of the largest federal tax expenditures. Yet ...
On January 31, reports began emerging from the Treasury Department that senior civil servants were resisting requests from the “Department of Government Efficiency” (DOGE) concerning access to the ...
A number of Republican members of Congress have introduced legislation over the past dozen years that would authorize Treasury to prioritize certain payments if the federal government reached the debt ...