The Asian Development Bank (ADB) is set to extend USD 100 million in concessional loan assistance to Nepal to support fiscal federalism, enhance public financial management, and improve budgetary ...

The “American System” that gives its name to this essay series is perhaps most directly associated with mercantilism, industrial policy, and federal investments in infrastructure. An element that is ...

Given that both Republicans and Democrats are equally to blame for our dismal fiscal situation and even more dismal outlook, lawmakers from both parties bear the responsibility to work across the ...

At the dawn of a new fiscal year for the U.S. government, there is little to celebrate from the year that just ended. There’s also plenty to do in the year ahead, from reaching agreement on 2025 ...

And the catalyst for ongoing reform might be the utter fiscal mismanagement of America’s largest, most progressive states. State lawmakers have been driving down income-tax rates across the map for ...

Journal Editorial Report: Does the Department of Government Efficiency stand a chance? Photo: Kena Betancur/AFP Excessive spending has been a way of life for lawmakers in Washington for more than half ...

QUICK: WOULD you rather face the worst economic crisis in history as a resident of America’s fiscal union, or Europe’s? An easy choice, surely; a decade ago, the euro area’s skeletal economic ...

Last May the Obama administration forced South Carolina not just to take its share of federal stimulus funds, but to spend the money on new programs rather than paying down the state's debt. I was ...

Five weeks ago, we wrote about the shortcomings of the US response to the COVID-19 public health and small business crises and the need for a structural response, particularly the recommitment to, and ...