May 24: High national debt correlates with low growth but not always high borrowing costs, as the case of Japan shows. Fiscal experts worry that the United States could follow in Japan's footsteps. More
Progressivity in the U.S. tax code plus lawmakers' addiction to tax breaks are the key reasons why.
A contentious debate in D.C. is how to tame the ballooning budget deficit.
Sudden austerity can be a losing proposition, especially in a weak economy. So is the disconnect between what voters want and what they're willing to pay for.
Growing income inequality has led to ballooning debt loads for the bottom 95% of Americans.
Years of avoiding tough decisions has put Congress on the edge of a fiscal cliff: What to do about the sudden onset of mega tax increases and spending cuts?
Many expect lawmakers to wait until the last minute to address the sudden onset of tax increases and spending cuts at the end of the year.
The latest estimates from the programs' trustees will offer an updated look at when the country's largest entitlement programs will face their biggest funding shortfalls.
The president's signature millionaire tax proposal would try to ensure that the very wealthy pay at least 30% of their income in federal taxes.
Bruce Bartlett, a seasoned tax policy expert, says politicians who don't acknowledge the many tradeoffs involved in tax reform shouldn't be taken seriously.
As the court weighs the rule requiring everyone to have health insurance, a central question emerges: What happens to insurance costs if the mandate is struck down?
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