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Tag: Federal Budget (US)
I.R.S. Braces for Another Chaotic Tax Season
WASHINGTON — At the Internal Revenue Service’s sprawling Kansas City, Mo., processing center, teams of clerks earning $15…
Democrats Weigh Gas Tax Holiday and Deficit Cuts as Inflation Mounts
WASHINGTON — The White House and congressional Democrats, concerned about rapidly rising prices across the nation that could…
Modern Monetary Theory Got a Pandemic Tryout. Inflation Is Now Testing It.
The problem is that the alternative to a Fed response is, at the moment, not obvious. The Biden…
Inflation and Deficits Don’t Dim the Appeal of U.S. Bonds
Looking Ahead, and to the PastWhat would have to happen for these rock-bottom borrowing costs to rise significantly?…