2027 Tax Brackets Preview: What the Coming IRS Inflation Adjustment Means for Your Paycheck
The IRS has not yet released 2027 tax brackets, but projections point to a 3.2% inflation adjustment. See the projected…
Category: Fiscal Frontline
Fiscal Multipliers Explained: Why a Dollar of Government Spending Can Be Worth More or Less Than a Dollar
A fiscal multiplier measures how much output changes per dollar of spending or tax change. Here is why the answer…
Automatic Stabilizers Explained: How Budgets Cushion Downturns Without New Laws
Automatic stabilizers let tax receipts fall and benefits rise in a downturn without new laws. Here is how they work,…
US Deficit Nears $2 Trillion With a Month to Go: Inside FY2026’s Fiscal Gap
The federal deficit hit $1.97 trillion through 11 months of fiscal 2026, with the nation's first-ever $1 trillion annual interest…
Congress Averts a September Shutdown, Again: Inside the Deal Funding the Government Through December
Congress passed a stopgap funding bill 370-48, avoiding a shutdown and keeping the government open through December 11. Here's what…
Student Loan Rules Overhauled: What RAP, SAVE’s End, and Taxable Forgiveness Mean in 2026
SAVE is gone, RAP is the only new IDR option, and forgiveness is no longer automatically tax-free. Here's the complete,…
Medicaid Work Requirements Arrive: Up to 10 Million Could Lose Coverage by 2028
OBBBA's Medicaid work requirements could cost up to 10 million people their coverage by 2028 — mostly from paperwork, not…
2027 Social Security COLA Estimate: What the Biggest Raise Since 2023 Means for Your Check
Early estimates put the 2027 Social Security COLA at 3.5%-3.6%, the biggest increase since 2023. Here's how the COLA is…
2026 Tax Refunds Jumped 11%: What the One Big Beautiful Bill Act Changed for Filers
Average tax refunds jumped 11% in the 2026 filing season under new One Big Beautiful Bill Act deductions. Here's what…
US Budget Deficit Hits $2.1 Trillion: What the Tariff Revenue Shortfall Means for Taxpayers
CBO now projects a $2.1 trillion deficit for FY2026 after a Supreme Court ruling gutted tariff revenue. Here's what the…