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It's a move that some see as fulfilling the voter-approved mission of the surtax. Yet others worry the funds aren't being used as intended: to launch new education and transportation initiatives.
The reconciliation bill moving through Congress might deliver property tax increases across Minnesota’s 87 counties, even as the measure’s authors tout its potential tax savings. The reason: Minnesota ...
Acknowledging a precarious financial moment, legislative leaders on Sunday released a spending plan that clocks in about a ...
Tennessee’s TennCare program has been a model for containing Medicaid costs through the use of a universal and mandatory ...
President Donald Trump says chronic U.S. trade deficits are a national emergency. His tax bill will make them worse. The ...
Ben Harris: So we’ll start with the discretionary spending. And I think something to point out, and anyone who’s taken a civics course understands this, which is for a big share of federal spending, ...
The deficits caused by the tax bill would the trigger the Statutory Pay-As-You-Go Act of 2010 and force billions in cuts to Medicare. However, Congress can block the implementation of the cuts.
DOGE says it cut $165 billion in wasteful spending from the federal government, but that will not make a dent in the deficit if there aren't more cuts.
House Republicans wanted a version calling for a minimum of $1.5 trillion in spending cuts to mandatory programs, primarily health care and welfare programs.
On March 12, U.S. Rep. Glenn Grothman, R-Wis., said most federal government spending is mandatory. This fact brief is responsive to conversations such as this one.
Mandatory spending is most of the culprit for deficits Mandatory spending programs like Social Security, Medicare and Medicaid account for about two-thirds of federal spending and are growing as ...