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What Is a Wealth Tax, and Should the United States Have One?

Proponents of the wealth tax argue that it could help address rising wealth and income inequality while also generating revenues.

Why Are Americans Paying More for Healthcare?

High healthcare spending is not necessarily a bad thing, especially if it leads to better health outcomes. However, that is not the case in the United States.

Why Fiscal Space Matters

Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.

Almost 25% of Healthcare Spending is Considered Wasteful. Here’s Why.

The United States has one of the most expensive health systems in the world, hampering the country’s fiscal and economic well-being.

How Can Fiscal Policy Help Reduce Inflation?

Responsible fiscal policy can play an important complementary role to monetary policy in helping to moderate inflation.

3 Ways to Improve the Federal Budget Process

The current budget process is ill-suited for managing the nation’s long-term fiscal affairs. Learn about possible reforms to reimagine the budget process.

America’s Underlying Deficit Doubled in Fiscal Year 2023

In FY23 the federal government officially incurred a budget deficit of $1.7 trillion — about $320 billion higher than last year’s amount.

Budget Basics: Balanced Budget Amendment — Pros and Cons

What is a balanced budget amendment to the Constitution, and how would it work in practice?

Interest Rates Are Climbing Higher Than Expected, Leading to Pressure on the Federal Budget

Interest rates on Treasury securities are rising faster than most economists anticipated earlier in the year, with potentially serious consequences for the nation’s fiscal position.

Lessons Learned: Setting a Bipartisan Fiscal Commission Up for Success

A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.