Taxes
  • Democratic congressional candidate Alexandria Ocasio-Cortez speaks at her midterm election night party in New York City

    Are Democrats Really Going ‘Socialist’?

    By Michael Rainey

    President Trump earned a rousing cheer from Republican lawmakers during his State of the Union address when he proclaimed, “America will never be a socialist country.” His proud declaration echoed...

  • A sign marks the U.S Treasury Department in Washington

    Foreign Ownership of US Debt Continues to Decline

    By Michael Rainey

    Foreign demand for U.S. government debt has been declining in recent years but domestic investors have picked up the slack, The Wall Street Journal’s Daniel Kruger and Kate Davidson reported...

  • A Burlington Northern Santa Fe (BNSF) train rolls by a statue of the state symbol of the state of Wyoming, a bucking bronco, in Ft. Laramie, Wyoming July 15, 2014.  REUTERS/Rick Wilking

    Cities and States Pick Up Some of the Infrastructure Slack

    By The Fiscal Times Staff

    Although the federal government still has a lot of work to do with respect to planning and funding infrastructure investment, state and local governments are moving ahead with plans to “fix the damn...

  • A monitor shows the general index inside the Athens Stock Exchange February 9, 2015. REUTERS/Alkis Konstantinidis

    Is It Time to Start Selling 100-Year Bonds?

    By Michael Rainey

    With the U.S. facing a $12 trillion deficit over the next decade, the Treasury Department is exploring ways to maintain robust demand for American debt. One option being considered is the sale of “...

  • Work crews work to replace a bridge over the Massachusetts Turnpike in Boston

    A Fiscal Hawk Argues for Infrastructure Investment

    By Michael Rainey

    The stimulus from the GOP tax cuts and the bipartisan increase in federal spending in 2018 is starting to fade, says Diane Swonk, chief economist at the tax and advisory firm Grant Thornton. Writing...