75% of Economic Impact Payments Have Been Paid So Far
The $1.7 trillion CARES Act included an estimated $293 billion for direct payments to individuals, officially deemed “Economic Impact Payments...
Taxes
Phase IV COVID Relief Shouldn’t Be Tax Cuts 2.0
In response to the unprecedented economic crisis caused by the coronavirus (COVID-19) pandemic, lawmakers have enacted three pieces of legislation...
Upcoming Congressional Fiscal Policy Deadlines
Updated 4/9/2020: On March 27, the President signed into law
Bernie Sanders's Coronavirus Relief Package
Democratic presidential candidate Senator Bernie Sanders (I-VT) released his Priorities for the Next Coronavirus Relief Package, a plan to build on...
Weakening the SALT Cap Would Be a Wasteful Giveaway During a Crisis
With the economy reeling due to the coronavirus (COVID-19) pandemic, some Members of Congress are reportedly considering retroactively raising the $...
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....
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 Tru
Budget Offsets Bank
The federal debt is at a post-war record high, deficits are set to exceed the trillion-dollar mark
How Much Does a Payroll Tax Holiday Cost?
President Trump tweeted support for a one-year payroll tax cut Monday
Pete Buttigieg's Climate Change Plan
Democratic presidential candidate and former South Bend, Indiana Mayor Pete Buttigieg has proposed a climate change