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In a research note, Brusuelas said the data is consistent with an increase in the overall inflation rate to a range between 3 ...

The bottom line: Passage of the rescissions package is another win for Trump as he nears the six-month mark of his second term. Fiscal hawks in the GOP may celebrate the spending cuts codifying DOGE’s ...

Speaker Mike Johnson announced Tuesday that the House will be starting its summer break one day earlier than planned after legislative action in the chamber ground to ...

A House Appropriations subcommittee advanced a bill late Monday that would provide $9.5 billion for the IRS in fiscal year 2026 — a reduction of more than 20% from the current funding level of ...

Get the latest on Washington's budget battles and more with The Fiscal Times email newsletter every weekday. Sign up today.

Happy Tuesday! President Trump hosted Philippine President Ferdinand "Bongbong" Marcos Jr. at the White House today and announced a new trade deal calling for 19% tariffs on goods from the ...

Happy Monday! Politico's Brian Faler noted today that tax experts are struggling with an issue that has at times bedeviled us, too: Just how to refer to the recently passed Republican tax cut law ...

Western North Dakota is the center of a major oil boom and has one of the lowest unemployment rates in the country. Here are the highest-paying jobs in the area.

The Congressional Budget Office said Monday that the tax cut and policy bill signed into law by President Donald Trump earlier this month will increase the budget deficit by $3.4 trillion over 10 ...

Thomas Piketty’s Capital in the Twenty-First Century is beginning to receive book of the year awards, but has it changed anything within economics? There are two ways in which is has, one ...