Senate
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Congress Approved $113 Billion of Aid to Ukraine in 2022
Since Russia launched its invasion of Ukraine less than one year ago, Congress has approved more than $113 billion of aid and military assistance to...
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Maya MacGuineas: Three things Congress must do to curb our nation’s spiraling debt crisis
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently co-authored an...
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Year-End Borrowing Could Worsen Deficits and Inflation
With inflation surging and debt approaching record levels, policymakers should avoid worsening the deficit and should at least pledge to add no new...
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EARN Act Would Cost $80 Billion Without Gimmicks
This analysis is an update to a previous analysis of the Enhancing American Retirement Now Act to account for the introduction of the legislation...
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Legislation to Bring Transparency to MA Introduced
Representative Katie Porter (D-CA) introduced legislation this week that would require Medicare Advantage (MA) plans to provide data on supplemental...
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New MA Bill Would Increase Medicare Costs
Last week, the House of Representatives passed the Improving Seniors' Timely Access to Care Act ( HR 3173). The legislation would place requirements...
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CBO Scores IRA with $238 Billion of Deficit Reduction
The Congressional Budget Office (CBO) just released a final score of the Inflation Reduction Act, finding it would reduce deficits by $238 billion...
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What's In the Inflation Reduction Act?
Update (9/7/2022): The Congressional Budget Office has released an official score of the final version of the Inflation Reduction Act, finding it will...
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Six Ways to Fight Inflation
Personal Consumption Expenditure (PCE) inflation rose by 6.3 percent over the past year and 0.6 percent last month according to new data from the...
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Reducing Drug Prices and the Tax Gap
As lawmakers negotiate a possible reconciliation bill, they should look to offsets from the House-passed Build Back Better Act (BBB) to help fund new...
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Senate Retirement Bill Would Cost $84 Billion Without Gimmicks
The Senate Finance Committee recently advanced the Enhancing American Retirement Now (EARN) Act, a bill designed to encourage private retirement...
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Recap: Maya MacGuineas Gives Senate Testimony on Saving Social Security
On June 9, the Senate Budget Committee held a hearing on "Saving Social Security: Expanding Benefits and Demanding the Wealthy Pay Their Fair Share or...