In almost every election cycle, politicians toot their own horn when it comes to rising wages, pointing to higher paychecks as proof that the average worker is thriving. But under the Biden administration,

During October, tax revenue remained robust at $404 billion, suggesting that the impact of October’s 20-year high in layoffs has yet to be felt.

The House Judiciary Subcommittee on the Constitution and Limited Government holds a hearing titled "Balancing the Federal Budget: Examining Proposals for a Balanced Budget Amendment." Hearing focuses on proposals for a constitutional amendment that would mandate a balanced federal budget.

Breaking down the national debt. Every year, the United States government spends money on programs and services like Social Security and healthcare while receiving revenue through methods like federal income taxes. When the nation spends more than it ...

Governments across the country are letting fiscal repair slip through their hands “with no good reason”, economists have warned, as independent analysis shows the combined federal and state bottom line has sunk and debt has blown out to be worse than previously forecast.

But there is one dark cloud on all our horizons that we cannot forever ignore: U.S. national debt. As of today, U.S. national debt stands at $38 trillion (with a capital T). To grasp how enormous a single trillion really is, try this: One million seconds ago was just last week.

With the federal government’s partial shutdown over, the Treasury Department has issued its October report on tax receipts and outlays. Unfortunately, in spite