A major discrepancy has already arisen between Senate and House Republicans in the budget resolution they plan to adopt in ...

The firm is not an obvious candidate for government subsidies, even if the subsidy involves implicit guarantees instead of ...

While it’s important to debunk the stated rationale for the current policy baseline, the devastating impact would be to ...

PIMCO has turned a "little bit more cautious" on the dollar in recent months and was a touch underweight the U.S. currency ...

Shifting energy consumption patterns and resource distribution may lead to conflicts between advanced economies and other ...

The United States is experiencing a major tax revenue shortfall as larger-than-expected refunds shrink government income. The decline in revenue could make it run out of money quicker than expected.

The debt ceiling does nothing to control spending—and puts the U.S. economy at risk. Congress should eliminate this outdated ...

Tax collection projections are down. Refunds are up. That’s a formula that could dampen US government revenue and, if it ...

The consequences of failing to raise the debt ceiling are astronomical and could cause the government to miss payments on its ...

Let’s start with a chart to understand the dire fiscal situation we are in as a nation. Figure 1. Federal Debt Held by the Public as a Share of Gross Domestic Product, 1940-2054 You’re looking at how ...

The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the country’s record in just a few years. The CBO released a long-term budget ...

At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...