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Elected officials in both parties have expressed interest for years in boosting federal investment in the nation’s crumbling infrastructure. So, too, have business leaders and many economists who say that such a commitment would support stronger economic growth and is…


As if filing federal tax returns weren’t already confusing enough, some lawmakers are considering retroactive changes in the tax code that would apply to 2018. This means some taxpayers may need to delay preparing and submitting their returns -- and…


The slowing growth of the U.S. population, detailed in a recent report by the Census Bureau and an analysis from the Brookings Institution, presents the country with some difficult fiscal and economic challenges. The Census Bureau estimates that the country’s…


Even as lawmakers and President Trump continued to argue over spending plans for the current fiscal year, the federal deficit grew in the first quarter of the year by $317 billion, according to estimates from the Congressional Budget Office (CBO).…


Up until a few days ago it seemed that President Trump was looking to exit the partial government shutdown by redirecting funds for a Mexican border wall through an emergency declaration. As he approached this exit, however, he found that…


Don’t look now, but budgetary gridlock on Capitol Hill is about to get worse. So is the deficit. With all the attention being paid to the partial government shutdown over funding for a wall on the Mexican border, it is…


The federal government’s chief health care actuaries have released their wrap-up of 2017 National Health Expenditures, showing that health care spending remained nearly the same percentage of the economy as in 2016: 17.9 percent. The actuaries saw 2017 as a…


A recent panel discussion in Washington underscored the fiscal and economic challenges facing the country but also pointed towards possible solutions and ways to protect the country now and in the future. There was considerable agreement among the panelists that…


Recent reports on U.S. defense spending have raised questions about whether it is too much or too little, as discussed in a recent blog post. In response to a reader’s suggestion, we are presenting some information on how what the…


A last-minute Republican plan to extend certain tax breaks and create some new ones appears to face dim prospects this month. Time is running short for the lame-duck Congress, and a scheduled House vote was postponed on Friday. Senate passage…


A bipartisan commission recently released a report filled with alarming language about the country’s ability to defend itself against China, Russia and other threats. “The security and well-being of the United States are at greater risk than at any time…


Amid bipartisan frustration over the federal budget process, Congress early this year created a special committee to develop reforms that could enable lawmakers to pass spending bills on schedule and in a more effective and thoughtful manner. There were high…

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