The concept of the multiplier was introduced by Britain’s F. A. Kahn in the early 1930s and was soon adopted by John Maynard Keynes, who proposed that government deficit spending was needed to climb ...

Defence expenditure slipped from about three per cent of GDP in 1965 to 1.37 per cent in 2024, even as total government expenditure rose from 30 per cent of GDP to 43 per cent.

During the Clinton presidency, the federal government was able to reduce spending and increase revenues, turning a large deficit into a small surplus. The last year where the government ran a ...

From the stalled Metro project to five unresolved legacy issues, including share-wise sale of property, ownership rights of ...

South Dakota's minimum wage of $11.50 exceeds federal rate by $4.25. Learn how the state's annual increases compare to ...

The Washington School District passed a $71.5 million budget Wednesday amid lingering questions about the future of state and ...

President Donald Trump 's 'One, Big Beautiful Bill' is a sprawling megabill that includes a projected $4 trillion in tax cuts ...

This IMF working paper finds that the impact of U.S. government spending on CO₂ emissions has shifted over time, initially ...

Federal R&D spending is also often on the chopping block whenever Congress focuses on deficit reduction. In part, that likely reflects the gradual nature of the economic benefits from ...

Over a third of the United States federal government's revenue comes from the country's four most-populous states, but they ...