political economy

It’s a dirty job, but someone has to tell you about the federal government’s budget tricks. The latest is exposed in a new Congressional Budget Office...

Most local taxing authorities saw higher sales taxes in August compared to the year before, state officials said Tuesday. State Comptroller Thomas DiN...

Finding a job is getting a lot harder, and it’s likely to get harder still, but there’s an obvious remedy. The U.S. Federal Reserve needs to cut inter...

Donald Trump has proposed across-the-board tariffs on goods made abroad and sold in America, as well as substantial corporate tax cuts. Kamala Harris ...

The evidence against rent control is vast and continues to pile high. The latest example comes from Argentina. In 2020, Argentina faced rapidly rising...

BELMONT — Adam Cyr of Bolivar has announced he will seek the nomination to run for Allegany County treasurer. The position is open for the 2025 genera...

WASHINGTON (TNS) — Government spending is stealing your future. Each year, the federal government takes and spends nearly one-quarter of every dollar ...

WASHINGTON (TNS) — If you’re having trouble paying your bills today — much less saving any money — you’re not alone. The average savings rate in June ...

Local sales tax collections slipped for all area taxing bodies in June and the second quarter of the year, the Office of the State Comptroller announc...

The Congressional Budget Office projects that the federal government will have a budget deficit of $1.9 trillion this year, $400 billion more than was...

Inflation has slowed over the last year, but area counties and towns will again be hit by the property tax cap. The Office of the State Comptroller re...

NEW YORK (TNS) — At first glance, the policy sounds absurd, especially to many Americans: In Sweden, grandparents are now eligible for government subs...

WASHINGTON (TNS) — If you’re facing a cost-of-living crisis, you’re not alone. Three-quarters of Americans agree with you, saying they don’t feel fina...

WASHINGTON (TNS) — Perhaps, like many other Americans, you’re finding it harder and harder to deal with punishingly high food bills. Well, don’t look ...

DEAR RUSTY: I’ve been reading a lot lately about speculation on what next year’s benefit increase will be, and it seems like most of the experts are s...

WASHINGTON (TNS) — President Joe Biden promised to lower housing costs during his State of the Union address earlier this spring. To date, his plan ha...

If you want inflation to drop, pay attention to the national debt. Interest payments on the debt recently surpassed spending on defense and Medicare, ...

Area school boards are bringing their budgets to public votes on Tuesday. Most districts are reporting increases in overall spending as well as additi...