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The Fed Hikes Interest Rates to Curb High Inflation, But with Implications for the National Debt

The Federal Reserve announced an increase in the target for the federal funds rate, the interest rate at which commercial banks lend to each other overnight.

The Labor Market Recovery Continued in October

There were 531,000 jobs added in October. However, the unemployment rate remains high, especially for non-white workers.

The National Debt Will Hit Its All-Time High by the End of the Decade, and Other Takeaways from the Latest CBO Report

While deficits will decline over the next few years as the pandemic wanes and the economy recovers, the nation will remain on an unsustainable fiscal trajectory due to a structural mismatch between spending and revenues.

The Ratio of Workers to Social Security Beneficiaries Is at a Low and Projected to Decline Further

Social Security has been a cornerstone of economic security for almost 90 years, but the program is on unsound footing.

Two Years Later, What Are Economists Saying about the Tax Cuts and Jobs Act?

As more time passes since enactment, and as more data become available, economists continue to weigh in with analyses of the TCJA’s effects.

Uninsured Rate on the Rise Again As Nation Deals with COVID

After a promising decline in recent years, the number of Americans without health insurance is back on the rise.

United States Projected to See Rapid Economic Growth — the Highest among Developed Countries

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

Welcome Back, Congress — Congress Faces Key Fiscal Deadline When Returning from Recess

While Congress has not taken steps toward reining in our high and rising national debt, lawmakers did address a couple of pending fiscal items.

What Are the Pros and Cons of Student Loan Forgiveness?

Currently, more Americans owe a greater average amount of student debt than at any time in U.S. history.

What Is Free College and How Much Would It Cost?

While the United States does not currently have a nationwide free college program, a number of such initiatives have been proposed in the past few years.