Opinion
  • FILE PHOTO: U.S. Federal Reserve Chairman Jerome Powell  speaks in Washington

    Raising the Inflation Target to 4% Is a Bad Idea

    By Jack Salmon

    As inflation continues to massively surpass the Federal Reserve's 2% target, we are beginning to hear growing calls from some economists to raise the target inflation rate to 4%. Before the House of...

  • A New Plan to Save America’s Fiscal Future

    By David M. Walker

    I have been fighting for federal fiscal responsibility for over 30 years. During that time, I have worn many hats, including as comptroller general of the United States, as a partner with Arthur...

  • Along With Its Enormous Costs, the Child Tax Credit Discourages Work

    By Tracy C. Miller

    As part of the $1.85 trillion reconciliation bill, the Biden administration has proposed continuing the expanded version of the child tax credit (CTC) that was part of the American Rescue Plan (ARP...

  • Government Fiscal Responsibility Matters Now More Than Ever

    By Tracy C. Miller

    If President Biden’s American Jobs Plan and American Families Plan are enacted, trillions of dollars of additional spending will need to be paid for over the next decade. This raises fundamental...

  • States Can Get by Without Additional Federal Aid

    By Tracy C. Miller

    National newspapers, including The Wall Street Journal and The New York Times , continue to publish news articles and editorials outlining the arguments for more federal aid to help state and local...

  • How Congress Cheats with Our Money — and How We Can Stop It

    By Marc Goldwein and Zach Moller

    The U.S. is on course to top its record debt levels set after World War II, and permanent trillion-dollar deficits — meaning, forever — are likely to return within two years . And unlike after World...

  • April Is Financial Literacy Month. Someone Tell Congress.

    By Joseph J. Minarik and Caroline L. Ferguson

    February is Black History Month, March is National Women’s Month, and April? Well, it’s Financial Literacy Month, of course! The U.S. government gave financial literacy its own month in 2003. April...

  • Computer on fire

    What We're Reading: March 12, 2018

    By The Fiscal Times Staff

    Here's what we have our eye on today: NEWS Trump Wants a ‘Phase Two’ of Tax Cuts – CNBC Congress Has Until March 23 to Fund the Government. Three Ways This Could Go – Vox The First Target on Drug...

  • Computer on fire

    What We're Reading: March 9, 2018

    By The Fiscal Times Staff

    Here's what we have our eye on today: NEWS Rep. Diane Black Pushing for Anti-Abortion Language in Spending Bill – Washington Examiner Omnibus Action Next Week Possible, but Obstacles Still Exist –...

  • 3. Washington, D.C.

    Making Infrastructure Dollars Go the Extra Mile

    By Anthony Casciano and Martin Powell

    With 70 percent of the world’s population — or approximately 6.8 billion people — expected to live in cities by 2050, the demand for safe, reliable and efficient urban infrastructure is growing at a...