Editor: Mary Van Leuven The U.S. government imposes federal excise taxes that can affect a surprising variety of companies.

The bulk of the estimated reductions in health spending come from Medicaid, which will lose more than $1 trillion. Of the ...

Today, Social Security’s trust funds have a combined reserve of $2.7 trillion, and spending has exceeded revenue since 2021.

With the outlook for Social Security's future worsening, the agency's commissioner says he's ready to get to work on fixing ...

The shift away from group health plans is natural in many markets, and Congress should pass the 'One Big Beautiful Bill' to empower that transition.

Some supporters of Social Security privatization suggest allowing workers to invest a portion of their current contributions in private accounts.

As of right now, the federal government offers a tax credit to boost solar manufacturing. That’s on the chopping block in the house bill, which seeks to stop some $522 billion in investments ...

Federal income tax withholding (federally mandated) ... FICA, or the Federal Insurance Contributions Act, is a federal payroll tax that is used to fund Social Security and Medicare.

FICA taxes are used to fund Social Security and Medicare. For most people, FICA taxes are 7.65%, which their employer matches. What Is the Federal Insurance Contributions Act (FICA)? | The Motley Fool ...

The measure, which goes into effect July 1, will cut in half the taxable wage base used in collecting unemployment insurance taxes, from 66.7% to 33.4%. It also modifies employer contribution rates ...

The "One Big Beautiful Bill Act" -- a massive tax and immigration bill to fund much of President Donald Trump's agenda -- could add $2.4 trillion to the deficit over the next decade, according to ...