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Congress Should Not Water Down Inflation Reduction Act
Read moreThe Senate will soon consider the Inflation Reduction Act, a health care, energy, climate, and tax bill that would reduce deficits by roughly $305...
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Congress Should Support Veterans Without Exploding the Debt
Read moreThe Senate is likely to vote on the Honoring our PACT Act soon, which would spend roughly $280 billion to expand veterans benefits and allow...
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IRA Will Help Fed Fight Inflation
Read moreA recent Penn Wharton Budget Model (PWBM) study has been used by opponents to claim the Inflation Reduction Act (IRA) would increase rather than...
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New Economic Data Highlights Need to Fight Inflation, Not Add To It
Read moreThis morning, the Bureau of Economic Analysis estimated that Personal Consumption Expenditures (PCE) inflation rose by 1.0 percent in June and 6.8...
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Appropriations Watch: FY 2023
Read moreCongress began scheduling markups for individual appropriations bills for Fiscal Year (FY) 2023 in June. In March, the Biden Administration released...
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Extending the Student Loan Payment Pause is Bad Policy
Read moreA new report in Bloomberg suggests that President Biden is nearing a decision that could extend the student loan payment pause through the end of the...
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What's In the Inflation Reduction Act?
Read moreUpdate (8/11/2022): The Senate passed an amended version of the Inflation Reduction Act on August 7, which included several changes to provisions...
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The Economy Needs an Inflation Reduction Act
Read moreSenator Joe Manchin (D-WV) just announced an agreement with Senate Majority Leader Chuck Schumer (D-NY) to vote on the Inflation Reduction Act of 2022...
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Everything You Need to Know About Student Debt Cancellation
Read morePolicymakers are continuing to determine what action, if any, they will take to cancel some portion of student debt, continue the repayment pause in...
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More Borrowing Will Hurt Competitiveness
Read moreThis week, the Senate is moving forward on a compromise “chips-plus” economic competitiveness bill. Though there is not yet a score from the...
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To Fight Inflation, More Deficit Reduction is Better
Read moreIn recent weeks, lawmakers have been negotiating a reconciliation package that would include roughly $1 trillion of revenue and health savings along...
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Surging Inflation Highlights Need for Deficit Reduction, Not Tax Cuts
Read moreCPI inflation set another forty-year record today, rising by 1.3 percent this month and 9.1 percent over the past year. CPI has already risen more...