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Sunday, January 19, 2025

CATEGORY

Budget

U.S. Debt on Pace to Top $54 Trillion Over Next 10 Years

Congressional Budget Office projections released on Wednesday said a growing economy and recent spending cuts had slowed deficits.

Haley’s Policy Pitch Recalls a Bygone Era Before Trump’s Rise

Nikki Haley’s calls for muscular international engagement and cuts to future Social Security benefits have elicited withering attacks from Donald J. Trump. They used...

Biden Signs Stopgap Spending Bill, Averting Partial Shutdown

The legislation will fund agencies until early March as Congress continues to negotiate funding for the government through the fall.

What’s in the New Tax Deal?

Budget watchdogs warn that temporary changes to the tax code that are being debated on Capitol Hill will lead to more deficits in the...

Conservatives Revolt Over Mike Johnson’s Deal to Avert Shutdown

A dozen hard-line Republicans ground business to a halt in protest of the deal Speaker Mike Johnson struck with Democrats to avert a shutdown,...

The Budget Deal Doesn’t Solve America’s Debt Problem

Last weekend’s deal is good news, but the basic problems remain.

With Shutdown Looming, House and Senate Leaders Agree on Spending Levels

Despite the deal, time is short to assemble and pass legislation putting the agreement in force before a Jan. 19 deadline.

Wall Street’s Bond ‘Vigilantes’ Are Back

The financial world has been debating if market appetite for buying U.S. debt is near a limit. The ramifications for funding government priorities are...

House Passes Defense Bill, Clearing It for Biden

Republicans and Democrats banded together to push through the legislation over the objections of right-wing lawmakers, who had sought abortion, transgender care and diversity...

Want to Tax the Rich for Real? Pay Attention to This Supreme Court Case.

Why the court should not give favorable tax treatment to the wealthy.

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