Latest
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A July Update on the Paycheck Protection Program
Read moreThe Treasury Department and Small Business Administration (SBA) this week released the names of over 650,000 businesses who received forgivable...
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Options for a Responsible Defense Budget
Read moreCongress is considering the annual National Defense Authorization Act (NDAA) this month. The Senate Armed Services Committee approved a bill...
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Appropriations 101
Read moreNote: This paper has been updated. What are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate...
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CBO Reports Record $863 Billion Deficit in June
Read moreFor Immediate Release The United States budget deficit for the month of June was a record $863 billion, according to the Congressional Budget Office...
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Policymakers Must Work to Reduce Drug Prices
Read moreFor Immediate Release Efforts to advance a drug pricing bill similar to one the Senate Finance Committee passed last summer by a vote of 19-9 appear...
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Dunking on the Debt
Read moreConcern about the national debt came from an unexpected corner when Brooklyn Nets guard Spencer Dinwiddie announced that he would bring the issue to...
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CBO Releases New Economic Projections
Read moreToday, the Congressional Budget Office (CBO) released updated economic projections, incorporating the economic damage from the COVID-19 pandemic...
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How Does COVID Relief Compare to Great Recession Stimulus?
Read moreWe have published an abbreviated update of this analysis, incorporating additional legislation. We now find the COVID-19 response to be larger than...
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House Considers ACA Expansion and Drug Pricing Bill
Read moreToday, the House will consider legislation to expand the Affordable Care Act (“Obamacare”) and lower prescription drug prices. The Patient Protection...
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Webinar & Chartbook: Projecting COVID's Fiscal Impact
Read moreThe United States is currently experiencing one of its sharpest economic crises in modern history as a result of the global COVID-19 pandemic and...
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Growing Support for Bipartisan Budget Reform
Read moreA bipartisan group of 60 legislators led by Representatives Scott Peters (D-CA) and Jodey Arrington (R-TX), released a letter to House leadership in...
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Updated Budget Projections Show Fiscal Toll of COVID-19 Pandemic
Read moreWe have updated our ten-year budget projections to incorproate CBO's latest economic forecast, and now project that debt will reach 121 percent of GDP...