US Budget Watch 2024
Latest
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Donald Trump’s Proposal to Lower the Corporate Tax Rate to 15%
President Trump recently proposed lowering the corporate tax rate from 21 to 15 percent for corporations that make their products in America. Under...
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$16,500 Cut Awaits Retirees if Social Security Isn't Reformed
Former President Donald Trump and Vice President Kamala Harris have both said they would “protect” the Social Security program. However, neither has...
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The Kamala Harris Plan for Taxing Capital Income
As part of her New Way Forward for Small Businesses, Vice President Kamala Harris announced her support for several policies that would increase taxes...
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The Kamala Harris Proposal to Raise the Corporate Tax Rate to 28%
The campaign for Democratic presidential nominee Vice President Kamala Harris told NBC News today that if elected President, she would seek to raise...
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The Kamala Harris Agenda to Lower Costs for American Families
Vice President Kamala Harris released a document today – the Agenda to Lower Costs for American Families – that outlines a number of proposals she...
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Trump and Biden: Partisan Breakdown of New Debt
In their time in office, both former President Trump and President Biden approved trillions of dollars in new ten-year borrowing both for COVID...
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Trump and Biden: Timing of New Debt
In a recent analysis , we estimated that President Trump approved $8.4 trillion of new ten-year borrowing during his term in office, while President...
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Trump and Biden: Executive Actions
In a recent analysis, we estimated that former President Trump approved $8.4 trillion of new ten-year borrowing ($4.8 trillion excluding the CARES Act...
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Trump and Biden: Debt Growth
We recently estimated that former President Trump and current President Biden approved $8.4 trillion and $4.3 trillion of new ten-year borrowing (or...
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Trump and Biden: Tax and Spending Changes
In a recent analysis, we estimated that former President Donald Trump approved $8.4 trillion of new ten-year borrowing during his four-year term in...
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Trump and Biden: The National Debt
The national debt is on course to reach a record share of the economy under the next presidential administration, due in part to policies approved by...
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Donald Trump’s Proposal to Exempt Tip Income from Federal Taxes
US Budget Watch 2024 is a project of the nonpartisan Committee for a Responsible Federal Budget designed to educate the public on the fiscal impact of...