FISCAL BLOG

The way in which Americans have been spending their stimulus checks has differed across each round of payments.

There have been a number of proposals to increase, eliminate, or otherwise adjust the payroll tax cap as a way to shore up Social Security’s finances.

Let’s take a closer look at the key components of the Senate Republican infrastructure proposal, highlighting some of the differences between it and the American Jobs Plan in terms of scope and potential pay-fors.

The administration and Congress have suggested adding new sources of revenue through various types of taxation of wealth.

While investing in a college education has undeniable, lifelong economic benefits, excessive levels of student debt can impose hefty financial burdens on borrowers.

Economists don’t always agree — but there is a wide consensus developing that the United States is in store for rapid economic growth.

The continued economic recovery and reopening of businesses has been fueled by COVID relief programs and an accelerating vaccination effort.

Compared to historical trends and other advanced economies, corporate tax revenues in the United States are very low.

Despite the consensus among economists that some amount of inflation is likely to occur in the near term, their level of concern varies.

Even before the COVID-19 pandemic, 1 in 7 children were classified as being in poverty.