Biden Administration
Latest
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2025 Reconciliation Resources
Read moreThe 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring...
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How Much Did President Biden Add to the Debt?
Read moreOver the four years of President Biden’s term – from January 2021 through January 2025 – we estimate that he approved $4.7 trillion in new ten-year...
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House to Vote on Emissions Rule Repeal
Read moreThe House of Representatives is expected to vote this week on a joint resolution to disapprove a rule finalized by the Environmental Protection Agency...
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Lawsuit Alleges Department of Education May Imminently Cancel Student Debt
Read moreAccording to a complaint filed by a coalition of state attorneys general (AGs) led by Missouri, the Department of Education is preparing student loan...
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Congress Should Strengthen Administrative PAYGO
Read moreThe Fiscal Responsibility Act (FRA) of 2023 re-established Administrative PAYGO (Pay-As-You-Go) – a rule requiring the executive branch to offset...
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Trump and Biden: Partisan Breakdown of New Debt
Read moreIn their time in office, both former President Trump and President Biden approved trillions of dollars in new ten-year borrowing both for COVID...
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Trump and Biden: Timing of New Debt
Read moreIn a recent analysis , we estimated that President Trump approved $8.4 trillion of new ten-year borrowing during his term in office, while President...
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Trump and Biden: Executive Actions
Read moreIn a recent analysis, we estimated that former President Trump approved $8.4 trillion of new ten-year borrowing ($4.8 trillion excluding the CARES Act...
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Trump and Biden: Debt Growth
Read moreWe recently estimated that former President Trump and current President Biden approved $8.4 trillion and $4.3 trillion of new ten-year borrowing (or...
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Trump and Biden: The National Debt
Read moreThe national debt is on course to reach a record share of the economy under the next presidential administration, due in part to policies approved by...
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How Much will Biden’s Tariffs Raise?
Read morePresident Biden recently announced increases to a number of tariffs on Chinese imports, including for lithium-ion batteries, electric vehicles, and...
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Student Debt Plan Would Add Hundreds of Billions to Deficit
Read moreThe Biden Administration recently announced a new plan to cancel student debt for up to 30 million borrowers and released a preliminary rule this...