Trump Administration
Latest
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Republican and Democratic Presidents Support Reducing the Tax Gap
One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of the “tax gap," or the difference between...
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The Cost of the Trump and Biden Campaign Plans
Whoever is inaugurated on January 20, 2021, will face many fiscal challenges over his term. Under current law, trillion-dollar annual budget deficits...
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Maya MacGuineas: The debt is huge because Trump kept his promises
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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How Much Would President Trump's Executive Orders Cost?
Update 8/10/20: We have revised our estimates downward to reflect our understanding from the final text of the memorandum that the payroll tax...
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How Much Does a Payroll Tax Holiday Cost?
President Trump tweeted support for a one-year payroll tax cut Monday evening, saying: The Democrats in the House should propose a very simple one...
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Spending Has Increased $800 Billion Under President Trump
President Trump's Fiscal Year (FY) 2021 budget calls for about $3.2 trillion in net deficit reduction over the next decade by our estimate, including...
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An Overview of the President’s FY 2021 Budget
Moments ago, President Trump released his Fiscal Year (FY) 2021 budget proposal, outlining his tax and spending proposals and their effects on the...
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The President's Budget Saves Medicare $600 Billion While Reducing Out-of-Pocket Costs
Last year, numerous politicians and outlets repeated the false and misleading claim that the President’s FY 2020 budget cut Medicare benefits by $845...
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Play Debt-O During State of the Union 2020!
Tonight, President Donald Trump will give his third State of the Union Address at 9 p.m. EST. During the address, we will be live tweeting, providing...
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President Trump has Signed $4.7 Trillion of Debt into Law
Our US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns...
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President Trump Bolsters Administrative PAYGO Through Executive Order
Last week, President Trump signed an executive order requiring federal agencies to identify and propose offsets whenever they propose an action that...
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President Trump’s $4 Trillion Debt Increase
If the recent budget deal is signed into law, it will be the third major piece of deficit-financed legislation in President Trump's term. In total, we...