Congress raises concerns over fiscal federalism, investment slowdown, and inequality ahead of the upcoming 2026-27 Union ...
Fiscal policy is the dominant market driver into 2025–26, but liquidity momentum is fading, raising volatility and downside ...
The “American System” that gives its name to this essay series is perhaps most directly associated with mercantilism, industrial policy, and federal investments in infrastructure. An element that is ...
Journal Editorial Report: Does the Department of Government Efficiency stand a chance? Photo: Kena Betancur/AFP Excessive spending has been a way of life for lawmakers in Washington for more than half ...
And the catalyst for ongoing reform might be the utter fiscal mismanagement of America’s largest, most progressive states. State lawmakers have been driving down income-tax rates across the map for ...
Last May the Obama administration forced South Carolina not just to take its share of federal stimulus funds, but to spend the money on new programs rather than paying down the state's debt. I was ...
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