Millions of people are living longer in 21st-century America.
Government budgets reflect the priorities of policymakers. They specify what programs and activities the government will support and how to raise the money needed to fund them.
Taxes play an essential role in the functioning of modern society. Their primary goal is to fund government operations. But their role goes well beyond that.
One of the more significant labor-force developments of the past quarter century has been the rising participation rate of older Americans.