Politics

The recent commentary from Federal Reserve Governor Christopher Waller has surfaced amid a gripping concern surrounding the unsustainable trajectory of U.S. debt accumulation. As bond yields soar to new heights, the specter of fiscal irresponsibility looms large. Waller’s insistence that the central bank will not intervene in the Treasury market is a risky gamble, especially

The discussion surrounding state and local tax (SALT) deductions is a contentious arena, where some see a lifeline in tax rebates while others view it as an unjust burden on taxpayers. Recent reports indicate that while personal income tax revenues may show an uptick, corporate and sales tax collections are in decline—a precarious balancing act

As we move further into the 21st century, the United States is facing a transportation crisis that could severely affect the quality of life for millions of Americans. Funding for public transit systems is being squeezed tighter, leaving important options on the table for discussion, but not yet action. In the midst of discussions surrounding

In the throes of a financial crisis, Puerto Rico finds itself ensnared in a multifaceted bankruptcy battle that revolves around the Puerto Rico Electric Power Authority (PREPA) and its bondholders. The ongoing dispute over a staggering $3.7 billion administrative expense claim is more than just a financial transaction; it embodies the broader struggles of governance,

The infrastructure landscape in America teeters on the edge of innovation and stagnation, reflecting broader political ideologies and the urgency for progress. The Trump administration’s Department of Transportation (DOT) stands as a critical player in steering the allocation of diminishing infrastructure grants, igniting debates among lawmakers, financial officers, and engineering experts. As much as the

In a worrying commentary from Federal Reserve Governor Michael Barr, the looming specter of high import costs is set to cast a long shadow over America’s small businesses. These entities, the backbone of our economy, are caught in a vice grip of new tariffs that threaten not just their survival but the very fabric of

The recent downgrade of Maryland’s general obligation (GO) bonds by Moody’s from a pristine AAA to an Aa1 rating has sent shockwaves through the financial community and ignited heated discussions among policymakers. This decision is not merely a bureaucratic exercise; it is a stark indicator of how vulnerable states have become to federal decisions. The

Newark Liberty International Airport, historically one of America’s busiest gateways, is now at a perilous crossroads. The infrastructure here has been neglected for so long that the repercussions have become glaringly visible, forcing the U.S. Department of Transportation (DOT) to intervene. Secretary Sean Duffy recently announced an unfortunate yet necessary reduction in flights, a move

Late Friday, the House Ways and Means Committee shocked many by releasing a preliminary draft of the tax legislation, affectionately referred to by its proponents as the “big beautiful bill.” The anticipation surrounding it culminated in this 28-page document, which is expected to pave the way for significant financial ramifications. The bill aims to solidify

In an era where effective energy policy must navigate both public concerns and economic realities, the new elective pay program emerges as a bold solution that could reshape nuclear power’s financial landscape. Initiated through the Inflation Reduction Act, this transformative system allows publicly owned power companies to convert tax credits into cash, making it easier