Chart of the Day: Who Would Benefit From Trump’s Tax and Tariff …
WEB2 days ago · Trump has proposed to cut a broad range of taxes while imposing steep tariffs of up to 20% on imported foreign goods — or 60% for goods from China. As we mentioned above, he’s called for ...
Featured - The Fiscal Times
WEBWith the Southeastern United States dealing with the widespread devastation wrought by Hurricane Helene, President Joe Biden said on Monday that he expects to ask Congress for emergency relief...
US Deficit Totals $1.8 Trillion for Fiscal Year 2024: CBO
WEB1 day ago · Advertisement. The federal government’s budget shortfall for fiscal year 2024 grew by $139 billion from the previous year to reach $1.8 trillion, according to an estimate released Tuesday by the ...
News and Views - The Fiscal Times
WEB6 days ago · Fiscal News Roundup. Biden May Face Tough Choices as Port Strike Continues — Washington Post. Mayorkas Warns of Funding Shortfall for Rest of Hurricane Season — New York Times. Harris and Trump Are Tested by the Mideast, Helene and the Port Strike in the Campaign's Final Weeks — Associated Press. …
Budget - The Fiscal Times
WEBBy Michael Rainey. The federal budget deficit was $1.5 trillion in the first 10 months of the 2024 fiscal year, according to an initial estimate released by the Congressional Budget Office released Thursday.
Job Market Finally Shows Signs of Slowing Down - The Fiscal Times
WEBNov 3, 2023 · Happy Friday! Job Market Finally Shows Signs of Slowing Down Employers hired 150,000 new workers in October, the Labor Department announced Friday, marking a slowdown in the pace of hiring in the U.S. economy. Job gains in August and September were revised lower, as well, with the September reading moving down by 39,000 to a still robust 297,000.
Latest News - The Fiscal Times
WEBGet the latest on Washington's budget battles and more with The Fiscal Times email newsletter every weekday. Sign up today. Subscribe for FREE!
IMF Warns of ‘Pressing Need’ to Address U.S. Debt
WEBJun 27, 2024 · The IMF report warns that U.S. deficits and debt now present “a growing risk to the U.S. and global economy” and should be “urgently addressed.”. It called for the government to run a surplus excluding interest costs of about 1% of GDP, compared with a current baseline deficit of about 3 percent of GDP. To accomplish that shift over the ...
News and Views - The Fiscal Times
WEB5 days ago · US Adds a Robust 254,000 Jobs and Unemployment Dips to 4.1% in Sign of Still-Sturdy Labor Market — Associated Press. The Job Market Is Chugging Along, Completing a Solid Economic Picture — New ...
100+ Unions and Public Interest Groups Call for Major Tax Overhaul
WEBMay 21, 2024 · A coalition of more than 100 unions, advocacy groups and think tanks wrote to congressional leaders Tuesday urging them to use the upcoming expiration of some 2017 Trump tax cuts to make the tax code more fair and fiscally responsible.
- Some results have been removed