The outgoing Biden Administration has made resources available to help individuals navigate the Inflation Reduction Act's ...

U.S. Treasury nominee Scott Bessent plans to say Thursday during his confirmation hearing that President-elect Donald Trump ...

The Inflation Reduction Act requires certain large corporations ... Budget Office find the bill could reduce the federal deficit by more than $300 billion over time. An analysis by economists ...

It could indeed push lawmakers to act more responsibly with the nation’s purse strings. However, critics might argue that this could also lead to a narrow focus on deficit reduction at the ...

These provisions were initially modified under the Inflation Reduction Act of 2022, which passed along party lines without any Republican support. Now that they have control of the House of ...

The federal tax credit for electric vehicle purchases has far outlived its purpose and now stands as a glaring example of ...

The net result on the economy would be a 0.6% reduction in real GDP by 2034. That dip would be even steeper without the ...

The Inflation Reduction Act of 2022 was a piece of legislation ... The bill contains large investments in deficit reduction as well as energy security and climate change, and healthcare.

The CBO's deficit reduction options report includes reforms to both mandatory spending on programs like Social Security and Medicare, as well as discretionary spending and also changes to tax ...

The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...

Nice hypothesis, but is it valid? This paper puts the hypothesis to the test by looking at the dynamics between deficit reduction and economic growth. It uses the experience of fiscal consolidation in ...

The federal tax credit for electric vehicle purchases has far outlived its purpose and now stands as a glaring example of ...