Economics

Several major elements of the 2017 Tax Cuts and Jobs Act (TCJA) are scheduled to expire at the end of 2025. While the estimated cost of extending...

A new report from the Congressional Budget Office (CBO) finds rising national debt will slow economic growth and reduce projected incomes. Compared to...

Interest rates are once again on the rise across nearly every maturity. The ten-year Treasury note closed at 4.7 percent on Tuesday, up from 4.1...

Interest rates continue to surge, hitting new post-financial crisis records. Over the past month, yields on the ten-year Treasury note have risen more...

Recent economic forecasts from the Congressional Budget Office (CBO), the Office of Management and Budget (OMB), and the Federal Reserve (Fed) present...

Federal interest spending is on track to nearly double between 2020 and 2023 and projected to double again by 2032, due to rising interest rates and a...

Interest rates are on the rise, with daily Treasury yields up in nearly every maturity since the beginning of August. This piece takes a closer look...

In its June 2023 Long-Term Budget Outlook, the Congressional Budget Office (CBO) dedicated an entire section to discussing the risks and threats of...

The International Monetary Fund (IMF) released its July 2023 World Economic Outlook, projecting global economic growth will fall from 3.5 percent in...

Growth in the economy will slow over the coming year as unemployment rises and inflation eases modestly, according to the Congressional Budget Office...

Inflation surged at the fastest pace since 1981 last year, based on the final Consumer Price Index (CPI) and Personal Consumption Expenditure Price...

Last month, the Biden Administration put forward a proposed rule to unilaterally expand the Income-Driven Repayment (IDR) program for student debt. In...