The tax reform embedded in the 2017 Tax Cuts and Jobs Act (TCJA), the recent United States -Mexico-Canada (USMCA) trade agreement, “phase one” of a China-U.S. trade deal and recent regulatory reforms are all needed to revive and strengthen economic growth. It is now time for another essential policy step: correcting the trajectory of fiscal policy. The Congressional Budget Office's (CBO) current baseline projection of federal government spending in future years far outpaces federal government revenue, as the figure below clearly shows.
Recommended Stories
Yahoo SportsNFL Draft: Packers fan upset with team's 1st pick, and Lions fans hilariously rubbed it in
Not everyone was thrilled with their team's draft on Thursday night.
- Yahoo Sports
NFL Draft fashion: Caleb Williams, Malik Nabers dressed to impress, but Marvin Harrison Jr.'s medallion stole the show
Every player was dressed to impress at the 2024 NFL Draft.
- Yahoo Finance
Jamie Dimon is worried the US economy is headed back to the 1970s
JPMorgan's CEO is concerned the US economy could be in for a repeat of the stagflation that hampered the country during the 1970s.
- Yahoo Sports
Broncos, Jets, Lions and Texans have new uniforms. Let's rank them
Which new uniforms are winners this season?
- Yahoo Sports
Korey Cunningham, former NFL lineman, found dead in New Jersey home at age 28
Cunningham played 31 games in the NFL with the Cardinals, Patriots and Giants.
- Yahoo Sports
Based on the odds, here's what the top 10 picks of the NFL Draft will be
What would a mock draft look like using just betting odds?
- Yahoo Sports
Luka makes Clippers look old, Suns are in big trouble & a funeral for Lakers | Good Word with Goodwill
Vincent Goodwill and Tom Haberstroh break down last night’s NBA Playoffs action and preview several games for tonight and tomorrow.
- Yahoo Sports
Fantasy Baseball Waiver Wire: Widely available players ready to help your squad
Andy Behrens has a fresh batch of priority pickups for fantasy managers looking to close out the week in strong fashion.
- Yahoo Sports
Dave McCarty, player on 2004 Red Sox championship team, dies 1 week after team's reunion
The Red Sox were already mourning the loss of Tim Wakefield from that 2004 team.
- Yahoo TV
Everyone's still talking about the 'SNL' Beavis and Butt-Head sketch. Cast members and experts explain why it's an instant classic.
Ryan Gosling, who starred in the skit, couldn't keep a straight face — and neither could some of the "Saturday Night Live" cast.
- Yahoo Sports
Ryan Garcia drops Devin Haney 3 times en route to stunning upset
The 25-year-old labeled "mentally fragile" by many delivered the upset for the ages.
- Yahoo Sports
Yankees' Nestor Cortés told by MLB his pump-fake pitch is illegal
Cortés' attempt didn't fool Andrés Giménez, who fouled off the pitch.
- Autoblog
These are the cars being discontinued for 2024 and beyond
As automakers shift to EVs, trim the fat on their lineups and cull slow-selling models, these are the vehicles we expect to die off soon.
- Yahoo Sports
Arch Manning dominates in the Texas spring game, and Jaden Rashada enters the transfer portal
Dan Wetzel, Ross Dellenger & SI’s Pat Forde react to the huge performance this weekend by Texas QB Arch Manning, Michigan and Notre Dame's spring games, Jaden Rashada entering the transfer portal, and more
- Yahoo Sports
Chiefs make Andy Reid NFL's highest-paid coach, sign president Mark Donovan, GM Brett Veach to extensions
Reid's deal reportedly runs through 2029 and makes him the highest-paid coach in the NFL.
- Yahoo Finance
Retirement confidence in the US ticks up; new rule for financial advisers is set to start
Two-thirds of Americans reported that they feel confident they have enough money for a comfortable retirement, up a notch from last year.
- Yahoo Sports
WNBA Draft winners and losers: As you may have guessed, the Fever did pretty well. The Liberty? Perhaps not
Here are five franchises who stood out, for better or for worse.
- Yahoo Sports
NBA playoffs: Who's had the most impressive start to the postseason? Most surprising?
Our NBA writers weigh in on the first week of the playoffs and look ahead to what they're watching as the series shift to crucial Game 3s.
- Yahoo Life
Here’s when people think old age begins — and why experts think it’s starting later
People's definition of "old age" is older than it used to be, new research suggests.
- Yahoo Finance
Donald Trump nabs additional $1.2 billion 'earnout' bonus from DJT stock
Trump is entitled to an additional 36 million shares if the company's share price trades above $17.50 "for twenty out of any thirty trading days" over the next three years.