U.S. Economic Policy Tracker

States are weighing fiscal responsibility against long-standing incentives for profitable tech firms.

• Costly giveaways: Ten states lose over $100...

Inflation is "concerning" and remains the central focus for policy, Kansas City Fed president Jeff Schmid stated. New Fed Chairman Kevin Warsh has offered no signals on his approach.

July NY Fed survey showed one-year inflation expectations easing to 3.6% from 3.7%, though medium-term readings stayed above the 2% target. Three FOMC...

Illinois Governor JB Pritzker signed a five-year Memorandum of Understanding with Indonesia to expand trade, agriculture, clean energy, health care,...

US declines USMCA renewal under the sunset clause, starting a 16-year countdown to 2036 expiration despite requests from Canada and Mexico for full...

Senator Heinrich introduced the American Energy Independence & Tax Fairness Act to end tax breaks for major oil companies' overseas production, aiming...

Michigan lawmakers eliminated the $1 million annual appropriation for MI-TF1 during last-minute budget deliberations to close a $1 billion shortfall,...

Americans paid $8.19 trillion in taxes in 2025, surpassing the $7.39 trillion spent on housing, food, and clothing combined. Federal income taxes alone reached $4.4 trillion, fueling arguments that government size drives affordability strains.

Inflation concerns dominated pre-jobs, with markets pricing a 44% chance of a September hike and CPI expected at 3.4%.

The July report reversed...

Inflation using the Fed's preferred metric fell sharply from 6.6% in September 2022 to 2.6% in March 2025, offering key perspective on the current federal funds rate cycle amid the long-term history from 1990 to 2026.

RAND's new open-source tools map the majority of federal spending to the people, communities, and businesses that receive funds, sharpening analysis...

Wisconsin faces the nation's second-worst net brain drain, with 59.8% of departing young adults college-educated versus just 45.2% among arrivals—a...

• Widespread pessimism: Nearly 8 in 10 Americans rate the economy poorly, with grocery concerns jumping to 41% from 24% in April and nearly half...

• The Federal Reserve approved a Spanish bank's acquisition of a Connecticut holding company on August 4, forming the 19th-largest U.S. bank with...

• Fed economist view: Tariffs add to inflation but U.S. economy proves resilient amid simultaneous AI investment boom.
• USDA assessment: Nine new...

• Florida cities like St. Cloud are slashing department budgets and ending use of savings to balance operations ahead of potential property tax...

Kevin Warsh launched a broad review of Fed policy frameworks, communications, and a new Productivity, Labor & AI Task Force on June 17.

His...

U.S. GDP growth cooled to 1.5% in Q2 as business investment eased and the Iran conflict disrupted supply chains, while wage growth is deflated by CPI inflation.

Mutual fund investors face annual capital gains taxes on reinvested distributions—even without selling shares—unlike direct stock or bond holders.

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Wilmington's economy reveals mixed signals that echo national patterns.

• Jobless growth persists as GDP rises 2-2.5% but hiring stalls amid AI...