Discover how deficit spending works and stimulates the economy, guided by Keynesian theory. Learn about its impact, benefits, and criticism.
Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.
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 ...
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 ...
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 ...
Economists are unlikely to be persuaded that a better-than-forecast deficit for 2025-26 confirms the budget is back on track.
President Trump is adhering to economic theory with regard to his tariff policies and trade deficits; with time it will pay off. He understands that America’s perennial trade deficits predispose to ...