How Government Borrows Past Legal Debt Limit: Extraordinary Measures and Treasury Actions
The United States debt ceiling currently stands at $41.1 trillion, raised by $5 trillion when President Trump signed the One…
U.S. Financial News — IRS, Social Security & Federal Payments, Explained
The United States debt ceiling currently stands at $41.1 trillion, raised by $5 trillion when President Trump signed the One…
The IRS has officially confirmed the 2026 standard deduction amounts under Revenue Procedure 2025-32: $32,200 for married couples filing jointly,…
H.R. 8490, the Social Security Caregiver Credit Act of 2026, was introduced in the House on April 29, 2026 by…
The Federal Reserve holds its federal funds rate in the 3.50%–3.75% range as policymakers continue absorbing the fiscal shock from…
The 4-week Treasury bill yield stood at approximately 3.61% as of May 21, 2026, based on secondary market data published…
H.R. 8490, the Social Security Caregiver Credit Act of 2026, was introduced in the 119th Congress and is currently in…
The IRS is currently processing 2025 tax year returns filed before the April 15, 2026 deadline. Taxpayers who filed electronically…
The Federal Reserve’s balance sheet stood at approximately $6.7 trillion as of the week ending May 20, 2026, according to…
The Federal Reserve balance sheet is the central accounting record of the Fed’s holdings and obligations. As of 2026, total…
The Federal Reserve controls interest rates by setting a target range for the federal funds rate, the overnight borrowing cost…