The answer may be that Republicans aren’t focused on solving a fiscal problem. They’re focused on solving a political problem ...

Economists are skeptical that tariffs are the best way to achieve the stated goals of reshoring production, reducing the trade deficit, serving as leverage with nations in various negotiations, and ...

The One Big Beautiful Bill Act, Donald Trump ’s signature second-term domestic legislative package, is winding its way ...

Small improvements in taxes are overshadowed by cuts to health insurance and other federal aid, resulting in a package ...

Andrew Egger and Mona discuss the BBB, the ‘waste, fraud, and abuse’ chimera, its massive ICE detention funding, and ...

At least, that’s the lesson of their ginormous budget bill, whose Senate passage Tuesday required reinventing the laws of ...

The Trump administration's significant shift in U.S. tariff policy has roiled international markets with its severity and on-again-off-again nature. Recent legal challenges disrupted President Donald ...

Gov. JB Pritzker's campaign announcement video, used Thursday to detail his run for a third term, boasted about eliminating the state's sales tax on groceries, which is scheduled to take effect Jan. 1 ...

All Johnson, Lawler, and other Republican moderates ask in return is to expand the budget deficit (which is already more than ...

That’s the strategy Republican politicians have adopted in hopes of selling their regressive, unpopular budget bill to voters ...

A proposed 1% grocery tax in Chicago got off to a rocky start today in the City Council as soon as it was introduced. Ald. Brendan Reilly, 42nd, had been waiting to use a parliamentary maneuver to ...

Trump Bill Would Raise Estate Tax Exemption to $15 Million and Make It Permanent The big tax-and-spending bill in Congress would introduce certainty when it comes to death and taxes By Ashlea Ebeling ...