Fiscal FactCheck

During the first 2020 Democratic presidential primary debate, candidate Andrew Yang claimed that his Universal Basic Income (UBI) proposal of $1,000...

In a Wall Street Journal op-ed, House Ways and Means Committee Ranking Member Kevin Brady (R-TX) and former National Economic Council director Larry...

President Trump's Fiscal Year (FY) 2020 budget released Monday has been met with significant criticism, especially from us. But one of the most widely...

A common misleading claim this fall has been that tax revenues have increased, even with the large tax cuts enacted last year. While it is technically...

When asked about the increasing deficit, President Trump yesterday pointed to defense spending increases and disaster relief. While both of those...

Update: After the end of the fiscal year, we published an updated version of this piece with final numbers from the Treasury Department. At the...

A recent Wall Street Journal piece suggests that despite massive tax cuts, revenue continues to rise. In reality, revenue has fallen since the...

In a Wall Street Journal op-ed shared by the House Ways and Means Committee, Mike Solon of US Policy Metrics makes the argument that thanks to recent...

The Bureau of Economic Analysis today released its initial estimate that the economy grew at a 4.1 percent annualized rate in the second quarter of...

Chairman of the House Ways and Means Committee Kevin Brady (R-TX) appeared on Fox Business this morning, where he was asked about CRFB's analysis...

UPDATE: The FRBSF paper has been corrected to remove the erroneous claim that CBO’s growth estimates are well in excess of theirs. The below fact...

This morning, White House National Economic Council Director Larry Kudlow appeared on Fox Business and made the following claim (emphasis added): "As...