Rapid economic fluctuations have been the norm for the United States over the past 40 years. The U.S. economy has sustained both unprecedented expansionary highs and "mini-depression" lows. Inflation, ...

Congressional Budget Office on Tuesday released its long-term budget outlook, and with it, a chart that should scare absolutely every American. The following chart depicts the level of debt held by ...

When North Carolina’s legislative leaders lifted the veil of secrecy off their budget last week, Senate Leader Phil Berger and House Speaker Tim Moore were accompanied by a large poster that purported ...

David Ditch is a senior policy analyst in budget policy in the Grover M. Hermann Center for the Federal Budget at The Heritage Foundation. A recent report from the nonpartisan Congressional Budget ...

The recently released Biden administration budget for 2024 was layered with problems. It doesn’t take the surging size of the national debt seriously; it views shaking down taxpayers as the solution ...

David Ditch is a senior policy analyst in budget policy in the Grover M. Hermann Center for the Federal Budget at The Heritage Foundation. We’re now paying a heavy price for years of irresponsible ...

Debt-ceiling discussions between the White House and congressional negotiators are focused on reining in outlays on the budget’s discretionary side, the type of spending that Congress is supposed to ...

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Support trusted local news with a donation today. Give now for a chance to get your gift MATCHED. Soaring inflation has strained household and business finances for the past 16 months, hitting a ...

President Trump submitted his fiscal 2021 budget proposal of 138 pages to Congress on February 10. While it is essentially dead on arrival, it is worthwhile to see what economic assumptions he is ...