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Debt Is Expected to Grow Faster in the United States than Anywhere Else in the World

The United States leads the world in an unfortunate category: the pace of growth in its debt.

How Did Americans Spend Their Stimulus Checks and How Did It Affect the Economy?

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

How Do Marginal Income Tax Rates Work?

Some lawmakers favor substantial increases to marginal tax rates. Let’s look at how marginal tax rates and brackets work.

How Do States Pay for Medicaid?

Medicaid’s role in state budgets is unique, since the program acts as both an expenditure and the largest source of federal support in state budgets.

The Federal Reserve Will Begin Reducing Its Holdings of Treasury Notes and Bonds

The Fed recently announced it will begin reducing the size of its balance sheet this month to combat high inflation and a tight labor market.

What Was the Coronavirus Relief Fund?

The Coronavirus Relief Fund provided $150 billion in direct federal fiscal support to governments in states, territories, and tribal areas.

Economic Growth Was Weaker in 2019 Than in 2018

Growth was lower in 2019 due to such contributing factors as slowing growth in nonresidential investment and in consumption.

How Do Quantitative Easing and Tightening Affect the Federal Budget?

The Federal Reserve plays an important role in stabilizing the country’s economy.

How Effective Has the Coronavirus Relief Fund Been in Helping State and Local Governments?

The Coronavirus Relief Fund was meant to alleviate strained state and local government budgets, but has it?

The President’s Budget Proposes Large Spending Cuts, but Leaves Debt at High Levels

President Trump released his fourth budget, which outlines the administration’s policy proposals, budget projections, and economic forecast for the next decade.