The CBO report modeled the effects of permanently codifying the 2017 Tax Cuts and Jobs Act and reducing tax revenue by an additional $150 billion per year.

In December 2024, during his administration’s final days in office, former President Biden approved the “California waiver,” ...

Speaker of the House Mike Johnson, with help from President Donald Trump, was able to narrowly pass a budget resolution. Here ...

The U.S. Senate has declared that the extension of the tax cuts from the 2017 Act would increase the U.S. deficit by zero dollars. That is not a typo.

In the five minutes required to read this column at a leisurely pace, pausing to sip coffee, the nation will pay $11 million (about $38,000 a second) toward servicing the ...

Yet big challenges remain. “The way to onshore an entire industry, meaning shipbuilding, back to the United States is not ...

The first wave of layoffs and others in the works will reduce enforcement. But the smaller ranks will still carry out "a ...

The fiscal hawks who upset President Donald Trump’s attempt to raise the debt ceiling last December are still a presence in ...

Trump’s tariff blitz takes extending 2017’s tax cuts from important to imperative. In addition to the internal threat the ...

Washington is full of wasteful programs that never seem to go away, no matter how badly they fail. But few are more deserving ...

A man who persistently caused anti-social behaviour in Peterborough city centre has been handed a five-year Criminal ...