Lawmakers have known for decades that U.S. entitlement programs are on unsustainable paths as demographics inevitably skew the population older. Attempts to come up with a fix have gone nowhere, but the expected insolvency of the Social Security and Medicare…
WASHINGTON (AP) — The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers. The $37 trillion update is found in the latest…
The U.S. is inviting a debt shock if it continues on its current trajectory, which is starting to look like unsustainable student loans, according to Jared Bernstein, who previously served as the chair of President Joe Biden’s Council of Economic…
WASHINGTON (AP) — President Donald Trump likes to say he’s bringing in trillions of dollars in investments from foreign countries, but a provision in his tax cuts bill could cause international companies to avoid expanding into the United States. The…
Accounting software company Open Ledger has launched a new product in time for tax day. Meet PokéTax, a game that helps make tax filing quite fun. Instead of tax forms, users take on Tax Trainers — gym leaders — representing…