(The Center Square) – Budget watchdogs are sounding the alarm as the U.S. hit an unfortunate fiscal milestone in fiscal year 2025: government spending on debt interest payments alone topped $1 trillion this year.
(The Center Square) – President Donald Trump's tariffs are expected to cost U.S. consumers an extra $1,400 in 2026, according to an analysis from the Tax Foundation.Â
(The Center Square) – In light of the nation’s $38 trillion national debt, U.S. House lawmakers met Wednesday to discuss ways to structure a constitutional amendment mandating that Congress pass deficit-neutral budgets.
(The Center Square) – Indiana Gov. Mike Braun and a coalition of state financial officers and lawmakers are urging Congress and President Donald Trump to address the national debt crisis before the nation's 250th birthday.
(The Center Square) – President Donald Trump has again floated the idea of sending Americans $2,000 from tariff revenue, but a new analysis suggests the import taxes won't bring in enough money to cover the proposed checks.
(The Center Square) – President Donald Trump's global tariffs are under question as the U.S. Supreme Court hears one of the most significant economic cases in decades with wide-ranging implications for the president's foreign policy agenda and for businesses and consumers around the world.
(The Center Square) – The U.S. national debt reached $38 trillion amid a partial federal government that costs taxpayers $400 million daily to pay furloughed federal workers to stay home.
(The Center Square) – President Donald Trump and some GOP lawmakers have repeatedly floated the idea of sharing some of the government's tariff revenue with taxpayers, but the White House said no checks are in the mail.