Before we get to the present day, let’s do a quick refresher.In late July 2022, the US Congress reached a massive deal on a tax reform and spending package. The law changed some tax rules, implemented prescription drug pricing reform, and provided some funding for health care and the ag...
The central bank started raising rates in March 2022 to tamp down surging inflation, caused chiefly by what top economists labeled as profligate US government spending during the COVID-19 pandemic. The Federal Open Market Comm...
LHD, Local Health DepartmentLocal health departmentsPH, Public HealthPublic health spendingContext:Wide variation in state and county health spending prior to 2020 enables tests of whether historically better state and locally funded counties achieved faster control over COVID-19 in the first 6 months...
However, the Department of Government Efficiency-driven employment cuts weren’t expected to make a big splash in February’s jobs report. That’s partly because of timing of the two surveys that feed into the monthly employment snapshot and also due to the structure of employment separation agr...
Another reason for the economy’s sturdiness is that consumers emerged from the pandemic in surprisingly good financial shape, partly because tens of millions of households had received government stimulus checks. As a result, many consumers have managed to keep spending even in ...
Department of Education's Federal Student Aid website, StudentAid.gov. Normally, families can begin filling out the form Oct. 1 for the following academic year. But for the 2025-2026 cycle, after an ongoing overhaul to the application as part of the FAFSA Simplification Act, ...
In 2022, spirits gained market share for the 13th straight year in the fiercely competitive U.S. beverage alcohol market, as its supplier sales reached 42.1%, the council said. After years of steady growth, it marked the first time that spirit supplier revenues have surpassed beer — but jus...
In 2018, Trump launched the China Initiative as part of his national security strategy. This was a controversial counter-espionage measure targeting Chinese academics and researchers working in the US. The China Initiative allowed the US Department of Justice (DOJ) to investigate and prosecute “non...
Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, dipped 0.1% last month after a downwardly revised 0.5% increase in June, the Commerce Department's Census Bureau said on Monday. Economists polled by Reuters had forecast these so-called core...
My own Orwellian turn of phrase for such mania is: destruction is construction. In this country, an all-too-offensive military is sold as a defensive one, hence, of course, the rebranding of the Department of War as the Department of Defense. An imperial military is sold as so manyfreedom...