President Donald Trump’s first year of his second, nonconsecutive term brought all sorts of changes. His administration shuttered the United States Agency for International Development, had the ...
President Donald Trump has repeatedly framed his sweeping tariffs as a kind of magic bullet for America's finances, promising they would shrink the trade gap and help wipe out Washington's red ink.
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. Year over year, the federal deficit grew in October by ...
The Federal Government publishes the spending and revenue numbers on a monthly basis. Looking at the average monthly deficit, both October and December were much larger than average, with November ...
Donald Trump's claim that he cut the federal budget deficit by 27% in one year is false, as there are no credible sources to ...
Jacobin on MSNOpinion
Taxes Beat Tariffs for Cutting the National Debt
A recent study from the Pentagon’s favorite consulting firm found that raising taxes — particularly on corporations — could ...
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