Other Spending
Latest
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Committee is Encouraged by Discussions of Offsets
Read moreFor Immediate Release A bipartisan group of senators appears to be close to reaching an infrastructure spending deal that would be fully paid for with...
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Senate Finance Committee Hearing Highlights Need to Secure Highway Trust Fund
Read moreThe Senate Finance Committee held a hearing last month titled “ Funding and Financing Options to Bolster American Infrastructure,” covering the need...
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COVID Relief Continues to Bolster Personal Income
Read moreNew data from the Bureau of Economic Analysis (BEA) for the month of April shows that disposable personal income (DPI) was 12.0 percent above pre...
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Partial Student Debt Cancellation is Poor Economic Stimulus
Read moreLast year, we estimated that fully canceling student debt would produce eight to 23 cents of economic activity for every dollar of cost and speculated...
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Bipartisan Senate Highway Bill Needs Offsets
Read moreThe Senate Environment and Public Works (EPW) Committee recently marked up and unanimously passed a bipartisan highway reauthorization bill. The bill...
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Congress Should Pay For the U.S. Innovation and Competition Act
Read moreFor Immediate Release The Senate is continuing to work on the United States Innovation and Competition Act of 2021 this week, a bill aimed at boosting...
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State & Local Aid is On Its Way, But Is It Needed?
Read moreLast week, the Department of Treasury issued guidelines for the allocations of $350 billion of direct state and local aid funds in the American Rescue...
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Spending in the American Jobs Plan vs. the 2018 Senate Infrastructure Plan
Read moreLast month, President Joe Biden unveiled the second part of his "Build Back Better" agenda – the American Jobs Plan – focused on upgrading and...
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Congress Should Spend Responsibly and Invest Wisely
Read moreBetween the American Jobs Plan and the American Families Plan, President Biden has proposed roughly $4.45 trillion of new spending and tax breaks. The...
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COVID Relief Lifted Personal Income to Record Levels
Read moreOf 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...
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What's in President Biden's American Families Plan?
Read moreThis evening, President Joe Biden will unveil the third part of his ambitious “Build Back Better” agenda, the American Families Plan. According to the...
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Biden Tax Gap Proposal Deserves Bipartisan Consideration
Read moreFor Immediate Release The Biden administration will soon introduce a proposal to reduce the tax gap, the difference between taxes paid and taxes owed...