The U.S. Department of Agriculture (USDA) spends roughly $30 billion a year on support for farm businesses.

Amtrak was supposed to become self‐supporting after a transition period, but it has never earned a profit and it consumed more than $50 billion in federal subsidies from 1970 to 2020.

The U.S. Postal Service (USPS) is a major business enterprise operated by the federal government with 650,000 workers and $77 billion in revenues in 2021.

Under the U.S. Constitution, the federal government was assigned specific, limited powers, and most government functions were left to the states.

Last month, Republicans won majority control of the House of Representatives after price inflation hit a 40‐​year high, squeezing family budgets and creating economic uncertainty.

The importance of infrastructure investment to the U.S. economy is widely recognized.

In the new Cato Handbook for Policymakers, I propose cutting the earned income tax credit (EITC).

Now that the midterm elections have passed, members of Congress are back in Washington and up to no good.

Did tax increases deepen and extend the Great Depression?

New analysis produced by the Joint Committee on Taxation (JCT) finds that extending the American Rescue Plan’s (ARP) Child Tax Credit (CTC) expansion would result in costly economic consequences.