The Deficit Hit $1.992 Trillion. Bessent Found A Refund To Blame.
The final fiscal-year deficit rose 12%. Tariff refunds matter. So does the corporate-tax revenue Washington deliberately stopped collecting.
Read More →Budgets & Taxes
Public spending, tax policy, and the choices behind the numbers.
20 articles on this topic
Musk Reassigns The National Debt To Robots Who Aren’t In The Meeting
The ideal successor to DOGE is unavailable for questions, demonstrations or blame. An imaginary meeting tests the handoff.
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The Border-Control Budget Has Taken The School-Protest Exit
The imaginary satnav has found every destination except the purpose of the funding.
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Hollywood’s Free-Market Epic Is Auditioning For A Tax Credit
An imagined casting call for a proposed film incentive. The quietest character supplies the financing.
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Billionaires Rebrand Their Tax As A Problem For People Who Won’t Pay It
Extreme wealth remains exclusive. The campaign to protect it has found a way to make the worry feel universal.
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