Explore how the crowding-out and multiplier effects impact government stimulus spending. Learn which theory better stimulates ...
The federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The deficit in CY 2025 is $369 billion less than the ...
Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...
Columbia city leadership held a public forum to discuss the recently adopted fiscal year 2026 budget. Personnel services, including employee compensation and benefits, represent the most significant ...
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Don’t reverse progress on deficits with new spending
The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...
These terms decide how expensive your home loan will be, how much tax the government can afford to cut, and how much it can ...
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