• More Uninsured Last Year, Even as Poverty Shrank to Record Low

    Nearly 30 million people lacked health insurance at some point in 2019, the U.S. Census Bureau said Tuesday, an increase of about 1 million from the year before. The number of uninsured increased for...

  • Democratic U.S. presidential candidate Joe Biden speaks about U.S. economy at a metal works plant in Dunmore, Pennsylvania

    Why Joe Biden Wants to Go Big on a Stimulus Package

    Some Democratic economic policy wonks have long believed they made a serious mistake during the Great Recession: The $787 billion stimulus package President Barack Obama signed into law in 2009 just...

  • Biden’s Tax Plan: Who Really Would Pay More?

    Joe Biden’s tax plan would have high earners paying significantly more, with the top 1% of households shouldering 80% of the increase while those earning less than $400 would see no change on average...

  • The American Flag flies at the U.S. Capitol Building, as Mayor Muriel Bowser declared a State of Emergency due to the coronavirus disease (COVID-19), on Capitol Hill in Washington

    US Debt Costs Falling Even as Borrowing Soars

    Interest costs on the national debt have fallen about 10% this fiscal year, even as the amount of debt issued by the U.S. Treasury has hit record levels, Bloomberg reported Friday. And over the next...

  • U.S. President Trump hosts coronavirus response task force briefing at the White House in Washington

    Trump’s Payroll Tax Plan Fizzles

    President Trump’s payroll tax deferral plan is fizzling. The plan , meant to boost workers’ incomes by allowing their employers to postpone collection of the 6.2% employee share of the tax funding...