One of the first questions at last night’s debate was about the national debt, and for good reason.
The national debt is expected to exceed its record high in just 3 years.
The CBO projects that extending the TCJA would increase deficits by $4.6 trillion over 10 years.
Interest rates on U.S. Treasury securities have a significant influence on federal borrowing costs.
Tax expenditures are costly for the federal government but they can be effective vehicles for lawmakers to achieve policy goals.
As a large portion of the American population lives well beyond retirement age, the total cost of providing healthcare will grow as well.
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
The lawmakers we choose this November will face critical fiscal and economic decisions in the near future.
The 2017 Tax Cuts and Jobs Act made a number of changes to the corporate tax code, most prominently lowering the top corporate tax rate from 35 to 21 percent.
The depletion dates for Social Security and Medicare’s Trust Funds are rapidly approaching.
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