"In the financialized U.S. economy, each dollar of deficit spending may flow into a dollar of corporate profit." ...

Budget experts say Trump-backed tax cuts in Public Law 119-21 could raise U.S. deficits by $4.1 trillion over 10 years, ...

The sweeping legislation, which passed in July, renewed the 2017 tax cuts for individuals and granted additional tax breaks, ...

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

The U.S. government posted a $145 billion budget deficit ‌for December, up 67% or $58 billion from a year earlier due to ...

America has had gigantic budget deficits and debt that have been dangerous and ballooning for years, yet it’s only recently ...

The reason markets didn’t react more is because we already wrecked the independence of the Fed,” said Tyler Cowen, economist ...

Central planning is bad, which means government spending is bad. Contra the most prominent number in economics (GDP), ...

The United States experienced a $144.7 billion deficit in December, nearly 67% more than the monthly deficit for the same ...

At about the size of the entire U.S. economy, the national debt is on track to exceed its post-World War II record of 106% within the next three years. The 3% target would help to stabilize the debt ...

The troubled school district has already cut 80 jobs and is now considering using parent volunteers for school security.