H.R. 1 makes Trump-era tax cuts permanent, adding trillions to the deficit and pushing yields higher. See why it may threaten ...

This paper proposes anchoring medium- to long-term fiscal policy in a Public Sector Net Worth (PSNW) target. Such a target widens the scope of fiscal policy to include public sector assets, in ...

This paper assesses the roles of shocks, rules, and institutions as possible sources of procyclicality in fiscal policy. By employing parametric and nonparametric techniques, I reach the following ...

China can adopt a more expansionary fiscal policy next year to underpin economic recovery amid multiple challenges including the downturn in the property market and stress from local government debts, ...

You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. U.S. Bureau of Labor Statistics. "Monthly Labor Review: Unemployment Rises in 2020 ...

President Trump reversed course Sunday evening on his threats to impose huge tariffs on the European Union after talking with the bloc's head, extending the deadline for tariff implementation to ...

President Trump continues to press Congress to deliver a comprehensive legislative package that he's dubbed "one big, beautiful bill," with a significant emphasis on tax policy. On his social ...

Here are the latest updates as the policy reverberates around the world ... of up to $150 million to our cost of goods sold in fiscal year 2026 and with the related yet-to-be-determined impact ...

The next few years will include several predictable fiscal policy deadlines that will force congressional action. Many of the deadlines could bring additional costs if Congress acts irresponsibly, or ...

BEIJING - China will implement a more proactive fiscal policy this year and ensure its sustained strength and effectiveness, said Finance Minister Lan Fo'an at the ongoing China Development Forum 2025 ...

We construct quarterly series of the revenues, expenditures, and debt outstanding for Japan from 1980 to 2010, and analyze the sustainability of the fiscal policy. We pursue three approaches to ...

May 22, 2025 — New studies reveal that both the public and healthcare providers often overlook social connection as a key factor in physical health, even though loneliness rivals smoking and ...