Weakening the SALT Cap Would Be a Wasteful Giveaway During a Crisis
For Immediate Release
With the economy reeling due to the coronavirus (COVID-19) pandemic, some Members of Congress are reportedly considering...
Taxes
Loosening the SALT Cap is Poorly Targeted
The third COVID-19 relief bill was signed on Friday, and lawmakers are now starting to propose ideas for the next round of stimulus....
Upcoming Congressional Fiscal Policy Deadlines
Updated 3/19/2020: Key authorities under the Foreign Intelligence Surveillance Act (FISA) expired on March 15. While the House passed a version on...
How Much Would Suspending the Payroll Tax Cost?
Policymakers are discussing several economic stimulus ideas in response to the coronavirus outbreak, including reports that yesterday President Trump...
Budget Offsets Bank
The federal debt is at a post-war record high, deficits are set to exceed the trillion-dollar mark this year, and new initiatives are being proposed...
How Much Does a Payroll Tax Holiday Cost?
President Trump tweeted support for a one-year payroll tax cut Monday evening, saying:
The Democrats in the House should propose a very simple...
Pete Buttigieg's Climate Change Plan
Democratic presidential candidate and former South Bend, Indiana Mayor Pete Buttigieg has proposed a climate change plan with an end goal of getting...
President Trump has Signed $4.7 Trillion of Debt into Law
Our US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns...
Budget Deal Shows Bipartisan Failure of Leadership
For Immediate Release
Later today, President Trump is expected to sign into law a $1.4 trillion spending package, appropriated through two...
Appropriations Deal Will Cost $2.1 Trillion Over 20 Years
The appropriations deal's numerous deficit-increasing policies, most notably its permanent repeal of three Affordable Care Act (ACA) taxes,...