#Current policy assumes extension of TCJA provisions as described in a recent letter by CBO. ^Balance figures are adjusted to exclude the effects of timing shifts. *Assumes modified savings path of ...

Government officials sometimes discuss fiscal policy in the larger context of supporting the economy or accomplishing certain goals -- generally low unemployment and strong economic growth.

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 ...

Through a newly-introduced amendment, Senate leaders have found a way to move the House’s budget resolution forward and make President Donald Trump’s 2017 tax cuts permanent.

as well as help explain the complex ways that federal and state fiscal policy interact. Many cities will face fiscal challenges in 2025 despite having relatively strong economies—a result of several ...

While digitisation pulled out the world's fifth-largest economy from pandemic lows, prudent fiscal policy and significant financing for capital investments provided in the next year's budget will ...

The government plans to enhance financial discipline and align budget allocations to reduce the debt ratio by seven percentage points by FY31. The finance ministry aims to maintain core capex outlay ...

President Nikos Christodoulides defended the government’s fiscal policy on Saturday, saying it was the responsible policy that allowed it to spend more than €700 million to address issues ...

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 China Development Forum 2025 on Monday.

The Federal Fiscal Policy team informs the debate over federal budget priorities by analyzing major federal budget and tax proposals. The team’s work emphasizes the adequacy of funding for programs ...

WALHALLA — Walhalla City Council met earlier this week to discuss goals for the upcoming fiscal year 2025-26, reaffirming key goals from the current year while setting new ones to guide the city’s ...