The issue of new revenues has already raised its head in negotiations over the budget. Here are some of the gimmicks lawmakers are using to try to raise new tax revenue without actually increasing taxes.
In an unusual criticism of Germany's economic path, a US Treasury report goes against decades of cooperative consultation among friendly, wealthier nations to help drive global growth.
Who benefits from tax subsidies for municipal bonds? It's not as obvious as you think. High-income investors benefit, yes, but depending on what state and local government do with the subsidies, there may also be benefits for low-tax brackets.
The US Treasury actually hit the debt limit way back on May 19, Marron writes, but several accounting gimmicks and cash-flow sleights of hand allow the Treasury to keep paying our bills after hitting the debt limit. Is it time to get rid of those 'extraordinary measures'?