Extend TCJA Tax Cuts?
Key provisions from the Tax Cuts and Jobs Act (TCJA) of 2017 are expected to expire Dec. 31, 2025. Policymakers are projected to preserve a majority of the TCJA provisions,…
Impacts of New Tariffs on Fiscal Policy
On April 2, 2025, President Trump signed an executive order imposing a minimum 10 percent tariff on all U.S. imports, with higher tariffs on imports from 57 specific countries. Tariffs…