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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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Is Your State Wasting Taxpayer Money? Why It Can Be So Hard to Find Out
By Sheila WeinbergThe end of September is always an interesting time for citizens concerned with government spending, particularly accountants. By the end of this week, all 50 states will have closed out Fiscal Year...
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Four States That Will Founder When the Next Recession Hits
By Orphe DivounguyWhile the U.S. is enjoying stock market highs and steady GDP growth, the current economic expansion — which is currently in year 10 — can’t last forever. Many economists predict the next recession...
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The Idea That the Fed Is ‘Independent’ Is Absurd
By Robert P. Murphy, The Fiscal TimesPresident Donald Trump sparked controversy — as is his wont — when he recently told CNBC that he was “not thrilled” with the Federal Reserve’s announced hikes in short-term interest rates, which he...
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Consumer Directed Health Plans: A Step in the Right Direction
By Tracy C. MillerRecently, the House Ways and Means Subcommittee on Health has been considering ways to expand consumer-directed health plans (CDHPs). These plans — which essentially balance high deductibles with...
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Bill Clinton’s Surplus Miracle, 20 Years Later
By Sheila WeinbergStanding behind a podium in the Rose Garden, President Bill Clinton delivered a bold prediction 20 years ago. “Well ahead of the most ambitious schedule, America has balanced the budget,” he declared...