The Federal Deficit Is Growing. This Is Why. Tax receipts dipped unexpectedly last year. The Biden administration blames Republican tax cuts, but the truth is more complicated.
The Debt-Limit Deal Suggests Debt Will Keep Growing, Fast Negotiations to prevent a government default reaffirmed that the big drivers of future deficits are all off the table in a divided Washington.
House Set to Vote on Debt Limit Bill as Republican Resistance Grows Speaker Kevin McCarthy was working to cobble together the votes to push through the compromise he struck with President Biden, as lawmakers in both parties signaled their displeasure with the plan.
The New Climate Law Is Working. Clean Energy Investments Are Soaring. The investment wave has the potential to drive a more rapid and efficient decarbonization of the economy while increasing the supply of clean energy.