The market-first consensus has collapsed—leaving stagnant wages, rising costs, and hollowed-out communities. CEO @elizabethwwilkins.bsky.social in Democracy Journal argues: the choice ahead is authoritarian decline or a democratic economy that delivers. democracyjournal.org/magazine/78/...

People have been debating and worried about the Social Security Trust Fund shortfall for decades. It's widely seen as an enormous fiscal challenge.

One Big Beautiful Bill's tax cuts' permanent cost is actually *larger* than the Social Security Trust Fund shortfall.

Join us 5/13 at the National Union Building for "The Rise of Populism and Economic Policy."

The event previews a new essay series on how people have experienced economic policy over the decades, plus ideas for the future.

See @awhf.bsky.social share what to expect:
www.youtube.com/watch?v=M44L...

NEW: The Trump administration claims gutting federal agencies will save money, but cutting the IRS means the government collects less taxes.

“If you’re interested in the deficit and curbing it, why would you cut back on the revenue side?” one expert asks.

By @andykroll.bsky.social

After mass firings, the IRS is poised to close audits of wealthy taxpayers.

IRS agents say that current audits of rich people and corporations could be closed down prematurely.

The Treasury Department estimates that the 1% account for $163 billion in unpaid taxes each year.