US Budget Watch 2024
Latest
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The Kamala Harris Proposal to Raise the Corporate Tax Rate to 28%
Read moreThe 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
Read moreVice 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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Kamala Harris’s Plan to Exempt Tips from Taxes and Raise the Minimum Wage
Read moreThis past weekend, Vice President Kamala Harris announced that, if elected President, she would seek to exempt tip income from federal income taxes...
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Donald Trump's Suggestion to End Taxation of Social Security Benefits
Read moreEarlier today, former President Donald Trump suggested eliminating the partial income taxation of Social Security benefits, which currently helps fund...
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Trump and Biden: Partisan Breakdown of New Debt
Read moreIn 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
Read moreIn 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
Read moreIn 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
Read moreWe 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
Read moreIn 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
Read moreThe 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
Read moreUS 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...
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Donald Trump’s 60% Tariff on Chinese Imports
Read moreFormer President and current Republican presidential candidate Donald Trump recently proposed implementing a tariff of 60 percent or higher on imports...