Macroeconomics

U.S.-Canada Relations Strained Under Trump Administration

U.S.-Canada relations have sharply deteriorated under the second Trump administration, according to a Congressional Research Service (CRS) report published...

Macroeconomics

Social Security Now Drawing Down Reserves to Pay Benefits

The federal government's largest benefits program is now drawing down its asset reserves to cover the gap between what it collects and what it pays out....

Congress

277 Unresolved Federal Recommendations Are Costing Billions

A recent Government Accountability Office report published on May 12 catalogs 277 unresolved recommendations that could deliver significant financial...

Macroeconomics

Trump Accounts Create Uneven Benefits Across U.S. Territories

Trump Accounts offer new tax-advantaged savings opportunities for children, but differences in citizenship, territorial tax systems and sources of income...

Macroeconomics

Social Security Faces 2034 Funding Crisis

Social Security faces a critical deadline. A Congressional Research Service (CRS) report examining the program's long-term finances shows that scheduled...

Commerce

Duracell Hires Hunton Andrews Kurth on Tariffs

Duracell Co. registered Hunton Andrews Kurth LLP as its lobbying firm on July 17 for Manufacturing and Trade issues. The battery maker is lobbying on...

Government Operations

Congress Routinely Defers Spending to Lame Ducks

Congress routinely defers its most consequential fiscal decisions to post-election lame duck sessions. A Congressional Research Service (CRS) report...

Macroeconomics

Trump Tariffs Escalate U.S.-Canada Trade Tensions

The stakes are substantial: Canada was the second-largest U.S. goods and services trade partner in 2025, with the U.S. importing $454 billion and exporting...

Macroeconomics

Government Weighs Equity Stakes for Private AI Firms

A recent Congressional Research Service report examines whether the federal government should take equity stakes in artificial intelligence companies,...

Law and Order

House Committee To Examine Cost Impacts of Natural Gas Ban

A circuit split over state and local bans on natural gas has made U.S. Supreme Court review a real possibility. The hearing, scheduled for September 2,...

Congress

House Panel to Examine Economy's Cooling Growth

Real GDP grew at an annualized rate of 1.5% in the second quarter of 2026, down from 2.1% in the first quarter of 2026, the Federal Reserve left the federal...

Macroeconomics

Trump Push to Eliminate EDA Clashes With Congress' Reauthorization

A Congressional Research Service (CRS) report published in August 2026 documents how the Economic Development Administration (EDA) has shifted its focus...

Social Welfare

Rents outpace inflation, federal aid covers 10-20% of units

Rents have climbed far faster than other costs, outpacing inflation by a significant margin. A recent Congressional Research Service report found that...

Macroeconomics

Exelon Lobbies Against Corporate Minimum Tax

Exelon is lobbying on the corporate alternative minimum tax as it applies to H.R. 2872 and H.R. 5376. The company expects to pay an additional $250 million...

Congress

CRS Report Identifies Six Economic Imbalances that Pose Risks to Continued Growth

Federal debt is projected to reach 100 percent of GDP for the first time since World War II in 2026, according to a Congressional Research Service (CRS)...

Macroeconomics

GAO Finds Opportunity Zone Economic Benefits Remain Unclear

A recent GAO report published on August 24, 2026, examining the Opportunity Zone tax incentive reveals significant uncertainty about whether the program is...

Energy

Exelon Lobbies Congress on Corporate Tax Deductions

Exelon is pushing Congress to reshape how utilities calculate taxes under a 2022 law that created a 15% corporate minimum tax. The company is lobbying on...