This is a substantially tax-raising budget, but one that tries to obscure where the burden will fall. Rather than confronting the need to raise the basic rate of income tax, the government has opted ...

The ongoing government shutdown isn’t just the longest in American history. It’s likely the most damaging, too. Historically, the economic damage from shutdowns is fleeting, quickly reversing when the ...

The government looks set to report a smaller deficit this year, on the back of higher tax revenue and lower spending.