The proposal echoes one put forward by Mitt Romney when he was in the Senate.

The Committee for a Responsible Federal Budget warns that war spending could tip into a fiscal crisis — and it's calling for ...

"It's not a Ponzi scheme," Penn Wharton's Kent Smetters explained to Fortune. "It's a shell game." ...

The national debt will rise to 175% of Gross Domestic Product (GDP) by 2056 – or $168 trillion – according to the ...

Hiranmayi Srinivasan is a former Associate Editor for Investopedia. She covered personal finance topics such as budgeting, saving, investing, and economic news at Investopedia between 2021 and 2025, ...

Under CBO’s latest projections, the interest rate will exceed the growth rate (R>G) starting in 2031, when both are projected to total about 3.8% on a nominal basis and 1.8% on a real basis. Over time ...

I recently went to the doctor about a minor health issue. “Is what I’m experiencing normal?” I asked her. “No, it’s never normal,” she said, “but it happens to almost everybody.” I thought: That ...

Where will you be in the third quarter of 2027?

Kitchen table cost-of-living issues” are top of mind right now, the Peter G. Peterson Foundation says, and voters connect ...

The Congressional Budget Office’s new 10-year fiscal forecast includes plenty of headlines: The nearly $2 trillion federal budget deficit will grow to more than $3 trillion in a decade. The national ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of leadership, culture & equity in business. This voice experience is generated by AI. Learn more. This ...

For years, politicians have floated a simple fix for America's swelling debt: tax billionaires harder and the problem starts ...