Budget Battles
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April Is Financial Literacy Month. Someone Tell Congress.
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When the Budget Won’t Balance, Just Get Rid of the Budget Committee?
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With Recent Laws, Congress Has Added $540 Billion to the 2019 Deficit
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Why Trillion-Dollar Deficits Matter
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Paul Ryan's Fiscal Legacy: Lots of Red Ink
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Why Almost No One Is Happy About This Week's Balanced Budget Amendment Vote
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Yellen, Democratic Economists Say Fixing Debt Crisis Isn’t All About Entitlements
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Congress Was Hoping to Ride the Tax Cuts to the Election, but Trump May Have Other Plans
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Trump Discussed Rolling Back Part of $1.3 Trillion Spending Deal
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The Problem a Balanced Budget Amendment Can’t Fix
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A Surprise Winner in the $1.3 Trillion Spending Bill
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The Spending Deal: $1.3 Trillion, 2,232 Pages, One Messy Process
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7 Big Pentagon Numbers in the $1.3 Trillion Spending Deal
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Spending Bill Includes $320 Million for IRS to Implement Tax Law
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Waiting for the Omnibus: Clock Is Ticking on $1.2 Trillion Spending Bill
Newsletter
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Tax Day, Take 2: Filers Get More Time After IRS Glitch
Happy Tax Day … again. The IRS e-file system that was down for most of Tuesday is back up, but the outage led the agency to extend its filing deadline by a day, meaning taxpayers have until midnight...
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Why All the Warnings About Unsustainable National Debt Could Be Wrong
International economists are warning about rising global debt levels and deficit hawks in Washington are increasingly worried about what they see as unsustainable debt levels in the U.S., but a new...
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The US Has an Exceptional Debt Outlook – and Not in a Good Way
The International Money Fund’s latest global fiscal survey warns that in five years, the U.S. debt-to-GDP ratio will be higher than Italy’s, a nation not generally known for its exemplary fiscal...
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Why More School Districts Are Holding Class Just Four Days a Week
The public school in Campo, Colorado, hasn’t required all its students to come to class on Fridays for nearly two decades. The 44-student district dropped a weekday to boost attendance and better...
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Why the Media War Over Trump's Tax Cuts Is Just Getting Started
Tax Day is, of course, the perfect time for Republicans and Democrats to resume their messaging battle over the GOP tax law that passed late last year. Republicans took to TV and social media to hail...
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The Biggest Winners from the GOP Tax Cuts (Hint: It Isn't Workers)
This won’t help the GOP’s tax cut message: U.S. companies are using the benefits of their tax cuts to reward shareholders and management far more than they are on hiring and pay raises, according to...
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Computer Problems Plague the IRS on Tax Day … and Bigger Troubles May Lie Ahead
It wasn’t a very happy Tax Day for the IRS, which announced it was “experiencing technical difficulties” with some computer systems and temporarily couldn’t accept returns from tax preparers,...