• FILE PHOTO: U.S. Federal Reserve Chairman Jerome Powell  speaks in Washington

    Raising the Inflation Target to 4% Is a Bad Idea

    By Jack Salmon

    As inflation continues to massively surpass the Federal Reserve's 2% target, we are beginning to hear growing calls from some economists to raise the target inflation rate to 4%. Before the House of...

  • A New Plan to Save America’s Fiscal Future

    By David M. Walker

    I have been fighting for federal fiscal responsibility for over 30 years. During that time, I have worn many hats, including as comptroller general of the United States, as a partner with Arthur...

  • Along With Its Enormous Costs, the Child Tax Credit Discourages Work

    By Tracy C. Miller

    As part of the $1.85 trillion reconciliation bill, the Biden administration has proposed continuing the expanded version of the child tax credit (CTC) that was part of the American Rescue Plan (ARP...

  • Government Fiscal Responsibility Matters Now More Than Ever

    By Tracy C. Miller

    If President Biden’s American Jobs Plan and American Families Plan are enacted, trillions of dollars of additional spending will need to be paid for over the next decade. This raises fundamental...

  • States Can Get by Without Additional Federal Aid

    By Tracy C. Miller

    National newspapers, including The Wall Street Journal and The New York Times , continue to publish news articles and editorials outlining the arguments for more federal aid to help state and local...

  • Unchecked Federal Spending Is Leading Us to Fiscal Calamity

    By Alison Acosta Winters

    President Trump cheered the strong economy in his State of the Union address and proposed big ideas from border security to curing cancer. What he did not mention was the deteriorating fiscal health...

  • 2. Farmers, Ranchers and Other Agricultural Managers

    The Farm Bill: Discretionary Spending We Could Do Without

    By Tracy C. Miller, The Fiscal Times

    In the days before Christmas, President Trump signed the 2018 Farm Bill, which the House and Senate had voted overwhelmingly to support. It authorizes $868 billion over the next 10 years for programs...

  • 40. West Virginia

    Why the Trump Administration Should Stop Propping Up Coal

    By Josh T. Smith and Camille Harmer

    On October 25, President Trump advanced Neil Chatterjee as the chairman of the Federal Energy Regulatory Commission (FERC) after Kevin McIntyre, the current chairman, stepped down due to health...

  • Why 35 States’ Financial Report Cards Fall Short

    By Sheila Weinberg

    When companies invite an outside auditor to review their records, it’s generally considered a reassuring signal to lenders and investors. There’s nothing like a stamp of approval from a trusted third...

  • Securing America’s Future Requires Political Courage Now

    By Russ Latino

    My son is five. He plays with Legos and digs old-school video games. My daughter is three. She likes dolls and is prone to uncontrollable giggling with no apparent provocation. Neither have much...