Having unveiled a string of ambitious spending proposals, the Biden administration needs to come up with a way to generate an additional $4 trillion in revenue over the next 10 years. But while it has ...

This is In Real Terms, a weekly column analyzing the latest economic news. Comments? Criticisms? Ideas for future columns? Email me, or drop a note in the comments. Let’s get this out of the way right ...

President Obama recently announced a “deficit reduction plan” that includes both a massive tax increase and a massive increase in federal spending. Insisting that the only way to close the deficit gap ...