Fiscal Policy

The agreement secures some GOP priorities on spending, permits and the safety net, but left the heart of President Joe Biden's agenda intact — at least until the next fight.

The losses accelerated the trend of high-earners relocating to lower-tax states like Florida and Texas.

There's a common myth about who pays their fair share, and who doesn't.Subscribe to our channel! http://goo.gl/0bsAjOYou might have heard that the poor in Am...

New York City may be known as the bagel capital of the world, but its inhabitants are subject to a "bagel tax" whenever they choose to buy a pre-sliced bagel with cream cheese.

Buying U.S. government bonds is among the safest investments you can make. In fact, people often put their college funds and retirement savings into bonds. I...

The sugar-sweetened beverage, or SSB, tax, implemented in Oakland in 2017, significantly reduced the number of purchases of soda and sugary drinks, according to a study published Tuesday in PLOS Medicine.

Global defense spending hit record $2.2 trillion last year.

The flawed assumptions of the House GOP’s revived plan for work requirements.

TAX DAY! We know that you have filed a long time ago but if you need a reminder! What a great day to talk about where your tax $$ are going in class! So many economic concepts that you can cover! Where would you allocate the money? What are the trade-offs? #TeachEcon #TaxDay pic.twitter.com/99cs6XZBLk— NAEEnet (@NAEEnet) April 18, 2023

Without the Bush and Trump tax cuts, debt as a percentage of the economy would be declining permanently.

A new report by WalletHub measured how much people pay in property, income and sales tax in proportion to the amount of money they make.

No two state tax systems are the same; this report provides detailed analyses of the features of every state tax code.

How the US government spends more money than it collects

Each year's federal budget must be approved by Congress and signed by the President. Despite agreeing on a budget, the federal government will likely not raise enough tax revenue to match its spending projections.

Check out @FiscalService Fiscal Data’s new federal spending page! #FederalSpending

The legislation will fund the government through next September.

The treasury secretary tells Norah O’Donnell how she thinks the economy will fare in the coming year and what her department is doing to end the war in Ukraine.

But the road ahead looks more troubling for the nation's fiscal situation.

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President Joe Biden on Saturday called embattled British Prime Minister Liz Truss' abandoned tax cut plan a "mistake."

Even though they worry government spending is a main cause of inflation, Americans want the stimulus checks that over 15 states have adopted.

Supporters of student debt cancelation have argued some estimates overstate the policy’s price-tag.

Federal income tax rate brackets, and many other federal tax parameters, are indexed for inflation.

Economists accuse bondholders of standing to make huge profits at the expense of the crisis-hit country