High medical expenditures contribute significantly to the country's fiscal challenges. Curbing them is the key to cutting the deficit.
The civilian workforce has barely grown in recent decades, is scattered across the country and accounts for a small fraction of U.S. spending.
How high is too high? Economists don't know exactly, but state lawmakers and voters might help them figure it out.
The answer to the classic presidential-election-year question appears to be yes (though the numbers are noisy).
Most of the people crossing the border illegally turn themselves in and apply for asylum.
New IRS data show the state's share of U.S. taxpayers making $1 million or more rose from 2019 to 2021.
Three straight quarters of strong growth have put productivity either back on trend or well above it.
Employment and life expectancy paint a more encouraging picture, but the racial quality-of-life gap remains immense.
The the Nutmeg State has slipped into second--which may signal a welcome decline in regional inequality.
The potential role of tax revenue in closing federal budget deficits deserves more attention.