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Salary Transparency’s Impact On the Future of Labor
With salary ranges being required in more areas, how can executives use these new laws to better their hiring practices?
By
Adam Zaki
| February 3, 2023
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budget deficit
The Economy
Build Back Better Would Raise Deficit, CBO Says
With the CBO's earlier estimate of savings from tighter IRS enforcement, the legislation would boost the deficit by only $160 billion.
By
Matthew Heller
| November 19, 2021
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The Economy
U.S. Budget Gap Jumps to $660B in March
Spending on coronavirus relief has "sent the federal debt soaring to levels not seen since the end of World War II as a proportion of the economy."
By
Matthew Heller
| April 13, 2021
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The Economy
U.S. Budget Deficit Climbs to $572B in Q1
The increase in the deficit reflected in part spending on coronavirus relief programs including enhanced unemployment benefits.
By
Matthew Heller
| January 12, 2021
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The Economy
Budget Deficit Forecast to Top $1 Trillion in 2020
"Changes in fiscal policy must be made to address the budget situation because our debt is growing on an unsustainable path," the CBO says.
By
Matthew Heller
| January 29, 2020
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The Economy
U.S. Budget Deficit Widens to $984B in 2019
“The current levels of debt are unprecedented in peacetime during a growing economy, and the consequences of this irresponsible spending are unknown."
By
Matthew Heller
| October 25, 2019
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The Economy
U.S. Budget Deficit Increases 23% in Nine Months
The budget gap could top $1 trillion for the full fiscal year.
By
Lauren Muskett
| July 12, 2019
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The Economy
U.S. Budget Gap Rises to $205B in November
“The budget picture is deteriorating as the U.S. taxes individuals and companies less and spends more, mostly on defense and benefit payments."
By
Matthew Heller
| December 13, 2018
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The Economy
U.S. Budget Deficit Swells to $779B in FY 2018
The White House blames increased spending for the mounting deficit but its own data "suggest falling revenues were a far larger contributor."
By
Matthew Heller
| October 16, 2018
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The Economy
U.S. Budget Deficit Widens to $77B in July
Increased government spending and tax cuts are “keeping the country on track to record its biggest annual deficit in six years."
By
Matthew Heller
| August 13, 2018
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The Economy
U.S. Budget Deficit Widens to $208B in March
The U.S. government's rising debt "would have serious negative consequences for the budget and the nation," the CBO warned this week.
By
Matthew Heller
| April 12, 2018
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The Economy
U.S. Budget Deficit Grows to $215 Billion
The February shortfall is an early indication of the effects of the GOP tax cuts, with withholding taxes falling 2%.
By
Matthew Heller
| March 12, 2018
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The Economy
Tax Cuts: Be Careful What You Wish For
The short-term economic boost that the GOP-proposed tax cuts would generate wouldn't be sustainable without growth in the already-tight labor market.
By
Joel Naroff
| November 9, 2017
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The Economy
CBO: Shutdown Looms If Debt Ceiling Isn’t Lifted
Projected budget deficits have also increased amid ‘surprisingly weak tax collections.’
By
William Sprouse
| July 5, 2017
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The Economy
Trade Gap Widens to Record $502B in 2016
The stronger dollar, larger federal budget deficits, and low national saving rates could force further widening in the trade deficit.
By
Matthew Heller
| February 8, 2017
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The Economy
Trade Deficit: Don’t Worry. Budget Deficit: Worry
Donald Trump's threat to impose heavy tariffs on Mexico and China addresses a nonexistent problem. He should focus instead on the federal budget deficit.
By
Marc Wagman
| December 12, 2016
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