Possible options for the US to avoid default—from ignoring it to creating a trillion-dollar coin—are met…
Tag: government finance
Economy Week Ahead: U.S. Household Spending, Home Sales in Focus
economy economy week ahead The Federal Reserve is also ready to release minutes about interest rates.
China’s Angry Pensioners Are Symptomatic of Deeper Problems
The country’s fiscal position—and its ability to finance other priorities—will be increasingly endangered by rising health…
U.S. Households Lifting Economy After Being Stung by Inflation Last Year
economy american economy Wage benefits, state tax deductions and cost-of-living adjustments are boosting disposable income.
U.S. Could Default as Soon as July if Debt-Ceiling Standoff Isn’t Resolved
We CBO estimates US may be unable to pay bills on time between July and September
These Millionaires Tried Turning a Yacht Into a Tax Break. The IRS Sank Their Plan.
An odyssey of years marked by audits, lawsuits and confrontations at sea.
After Telling Millions of Taxpayers to Hold Off Filing, IRS Says Go Ahead
Market personal Finance New guidance clears up confusion on taxability of certain state exemptions and refunds
opinion | Biden Tells A Deficit Fairy Tale
The red ink goes into the new fiscal year as spending increases despite White House claims.
opinion | Biden’s 2025 Tax Agenda
He’s raising Sen. Elizabeth Warren’s estate tax again on unrealized property gains.