WASHINGTON, D.C. — The Supreme Court on Friday overruled a 40-year-old decision that required courts to defer to agency regulators in certain situations, delivering a victory to people and businesses seeking to challenge agency interpretations […]
WASHINGTON, D.C. — The credit rating agency Moody’s Investors Service lowered its outlook on the U.S. government’s debt on Friday to “negative” from “stable,” citing the cost of rising interest rates and political polarization in […]
Some people would have you believe cutting taxes reduces government revenue. However, as evidenced by the Tax Cuts and Jobs Act of 2017, individual and corporate tax rates were reduced, but federal revenues increased from […]
NEW YORK — Amazon and Walmart on Thursday kicked off a two-year government pilot program allowing low-income shoppers on government food assistance in New York to shop and pay for their groceries online for the […]
WASHINGTON, D.C. — In 2018, President Barack Obama will cost taxpayers $1,153,000, according to the Congressional Research Service. Former presidents receive a pension of $205,700 per year but can request more money for staff salaries, travel and […]
Think of the federal government as a gigantic insurance company (with a sideline business in national defense and homeland security), which does its accounting on a cash basis, only counting premiums and payouts as they […]
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