A new release from the Congressional Budget Office finds that tax revenue will be about at the historical average in 2014 and will rise to 18.2% of GDP in 2015.
It's counterintuitive but new research suggests it's true: self-identified Republicans are at least as good - and possibly better - at being energy-efficient in their private lives as Democrats.
President Obama's legally-required but constantly-delayed official budget request to Congress will be on Capitol Hill soon.
Colorado made marijuana legal and subjected it to a hefty sales/sin tax last year, and Democratic Gov. John Hickenlooper has raised expectations for how much these marijuana taxes will bring in over the next fiscal year.
Meanwhile, if you want to blame someone for your awful cable services, look not at big business but at local government.
Don't call it "job lock": the Congressional Budget Office has evaluated two proposals to hike the minimum wage, and has found strong disincentive effects for employers to either hire new workers or to retain the workers they'll have to pay more for.
Despite his outwardly even-keeled demeanor, Sen. Minority Leader has had a target on his back for both Republicans and Democrats in the last few years.
The defense budget is no longer the top driver of spending - it has been bypassed by Social Security.
The state of New Jersey has some of the most restrictive gun regulations in the country. Their concealed carry law is under fire from their own citizens, who have sued to relax the state's restrictions.
Congressional Democrats in swing states and vulnerable seats have continued to feel the pressure of Obamacare's pathetic poll numbers.
Does the world feel different? If it does, it's because we're operating under a debt limit again.
In a hearing with Congressional Budget Office Director Doug Elmendorf yesterday, GOP Rep. Paul Ryan discussed the CBO report's finding that work disincentives will cause the equivalent of more than two million full-time workers to leave the workforce.
The Congressional Budget Office's long-term budget update was released today, and there are important updates from its previous projections relating to recent legislative changes. Guy will have more, but there are a few important things to remember.
Elected Democrats and movement progressives are up in arms over the meager cuts to the Supplemental Nutrition Assistance Program (SNAP - commonly known as food stamps).
Congressional leaders announced a conference farm bill totaling nearly 1000 pages that will authorize most of our nation's agricultural programs - and food stamps (the Supplemental Nutrition Assistance Program, SNAP) - for the next five years.
It's easy to think of our tax system as consisting solely of federal income tax rates. There, the top marginal tax rate is 39.5% which, when we compare it to other tax rates around the world, seems low. When taking into account the entirety of our tax system, a more dangerous picture emerges.
President Obama will deliver his State of the Union speech on Tuesday, but it's unlikely we're going to hear anything new out of the President.
The RNC passed a resolution on Friday calling for an investigation into the National Security Agency's infringement on the privacy of Americans.
This afternoon, the Supreme Court issued an order for an injunction against forcing private businesses to apply for an exemption to Obamacare's contraception mandate.
Yesterday afternoon, Target announced that it would be cutting health benefits for part-time workers, defined as those who work fewer than 30 hours per week.