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Lawsuit saying Twitter aided Islamic State thrown out by U.S. appeals court
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Boeing ends Wall St.'s slide, Fed caution limits gains
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U.S. food distributors allege Tyson Foods, rivals fixed chicken prices
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Democrats press Facebook, Twitter again to probe Russia links to Republican memo
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France to name and shame worst cases of tax fraud - PM
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Yellen's swan song to markets
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France to name and shame worst cases of tax fraud: PM
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European shares slip at end of strong month
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U.S. prosecutors drop corruption case against Sen. Menendez
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Raising the Inflation Target to 4% Is a Bad Idea
By Jack SalmonAs inflation continues to massively surpass the Federal Reserve's 2% target, we are beginning to hear growing calls from some economists to raise the target inflation rate to 4%. Before the House of...
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A New Plan to Save America’s Fiscal Future
By David M. WalkerI have been fighting for federal fiscal responsibility for over 30 years. During that time, I have worn many hats, including as comptroller general of the United States, as a partner with Arthur...
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Along With Its Enormous Costs, the Child Tax Credit Discourages Work
By Tracy C. MillerAs part of the $1.85 trillion reconciliation bill, the Biden administration has proposed continuing the expanded version of the child tax credit (CTC) that was part of the American Rescue Plan (ARP...
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Government Fiscal Responsibility Matters Now More Than Ever
By Tracy C. MillerIf President Biden’s American Jobs Plan and American Families Plan are enacted, trillions of dollars of additional spending will need to be paid for over the next decade. This raises fundamental...
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States Can Get by Without Additional Federal Aid
By Tracy C. MillerNational newspapers, including The Wall Street Journal and The New York Times , continue to publish news articles and editorials outlining the arguments for more federal aid to help state and local...
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Universal Savings Accounts Can Help More Americans Save for Their Futures
By Adam N. MichelIn the first months of the pandemic shutdown, millions of Americans waited to receive their unemployment insurance, facing delays and glitches following historic application levels. Even when...
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How Can Biden Win Over the Left? One Answer May Lie at the Post Office
By Steven Sprick SchusterNow that Joe Biden is the presumptive Democratic presidential nominee, spectators are beginning to wonder what policies he will adopt as he attempts to appeal to the progressive wing of the party...
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Cut Red Tape to Help Rein in Federal Deficits
By James Broughel and Jack SalmonThe Budget and Economic Outlook report published late last month by the Congressional Budget Office (CBO) should set off alarm bells, as it predicts trillion-dollar annual deficits for the...
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Time’s Running Out for Government Financial Reports
By Sheila WeinbergFall is often described as a frenzied time in Washington, D.C. lore. After racing to spend any leftover appropriations before the start of a new budget calendar, federal number crunchers are now...
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A $1 Trillion Deficit Is Bad. The Reality Is Much Worse.
By Chuck ChokelPresident Trump’s signing of a two-year budget deal earlier this month may have averted the chances of another government shutdown before the 2020 election, but it certainly added to the exposure of...
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The President and Congress Are Fiscal Swamp Monsters
By Ivan ElandAll the recent talk in the political media has been about ideological division and partisan rancor, yet the results when progressives and nationalists and Democrats and Republicans agree should also...
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Congress Needs Some Fiscal Rules
By Veronique de Rugy and Jack SalmonApproval ratings for Congress are slumming at 17%. This is nothing new. With the exception of a short-lived patriotic spike following 9/11, it has been going on for decades . Yet this already failing...
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The Surprising History of the Standard Deduction
By Sheila WeinbergSeventy-five years ago, President Franklin Delano Roosevelt put his signature on what he heralded as “a realistic tax law—which will tax all unreasonable profits, both individual and corporate.”...
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Month After Month, Our Politicians' Poor Financial Decision-Making Continues
By Sheila Weinberg, The Fiscal TimesWith the first quarter of the year now behind us, let’s take a moment to remember just how rocky a start it was. The federal government entered the year with a whimper, as a shutdown paralyzed...
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Sen. Mike Enzi: Senate Budget Is a First Step to Strengthen America’s Future
By Sen. Mike Enzi (R-WY)This week the Senate Budget Committee will consider a budget plan that will reduce deficits by half a trillion dollars over the next five years. The budget does not presume to solve all of our fiscal...