Economy

The Bureau of Labor Statistics (BLS) today released Consumer Price Index (CPI) inflation data for December 2021. Based on BLS’s data, we estimate CPI...

As we recently discussed, the House-passed Build Back Better Act is likely to be modestly inflationary over the next few years. Though we expect the...

With inflation on track to reach its highest annual rate since 1990, experts and advocates are in disagreement over whether the Build Back Better Act...

The Biden administration recently extended the federal student loan moratorium through January 2022. Under the moratorium, most federal student loan...

The Congressional Budget Office (CBO) released a report today detailing the macroeconomic effects of two illustrative, $500 billion infrastructure...

Last year, we estimated that fully canceling student debt would produce eight to 23 cents of economic activity for every dollar of cost and speculated...

Of the $5.9 trillion ($5.2 trillion net) of enacted COVID relief, we estimate $3.6 trillion was committed or disbursed over the one-year period...

Recently, a number of Members of Congress have called for repealing the current $10,000 cap on the state and local tax (SALT) deduction. Many off...

Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently appeared on The...

Recently, we put forward our principles for responsible COVID relief. The $1.9 trillion American Rescue Plan currently under consideration in the...

The House of Representatives is currently in the process of considering the next COVID relief bill. Nine of the 12 House committees have approved...