(The Center Square) – More than half of the federal budget will go toward benefits for Americans 65 years and older by 2036, and that percentage is set to only grow, a recent congressional report finds.
(The Center Square) – Democratic senators are advancing a series of proposals to tax America's wealthiest households, with supporters projecting trillions in new federal revenue. Critics, however, argue the plans would generate far less than promised while creating economic and legal complications.
(The Center Square) – While many policy experts agree Social Security faces long-term financing challenges, they often disagree on a core part of the program’s funding, as discussed by tax and budget analysts Wednesday at the Cato Institute.
(The Center Square) – While those supporting sales tax breaks for data center projects say they believe the breaks are necessary to compete for projects amongst the 38 states that currently offer the incentives, a growing number of state Legislatures are considering whether the tax breaks are worth the benefits.
(The Center Square) – A majority of adults in the U.S. believe that the costs of data centers outweigh the benefits with 69% believing the costs are greater and 30% believing that the benefits are higher, according to a new national poll from the Marquette University Law School.
(The Center Square) – The U.S. government added $1.2 trillion to the national debt over the past six months, borrowing $163 billion during March alone, the Congressional Budget Office reports.
Free news: The Oregon Department of Revenue is extending the income tax filing due date for Department of Homeland Security personnel affected by the ongoing federal government shutdown.