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David Perdue & Maya MacGuineas: National debt solutions noticeably absent from debates
Read moreSenator David Perdue, the junior senator from Georgia, and Maya MacGuineas, president of the Committee for a Responsible Federal Budget, wrote a guest...
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Time To Reform The Federal Budget Process
Read moreThe Senate Budget Committee held a hearing this week, the first in a series, on the need to reform the federal budget process. Testifying were Michael...
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Q&A: Everything You Should Know About the Debt Ceiling - Oct 2015
Read moreMarch 2017 Note: We have updated this Q&A. A new version is available here.
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Rigell Releases Sequester Replacement Plan
Read moreCongressman Scott Rigell (R-VA) released a plan today we might like even better than our own Sequester Offset Solutions (SOS) plan. Congressman Rigell...
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Two Months, Four Fiscal Speed Bumps to Deal With
Read moreWe are coming down the home stretch of calendar year 2015, with only a little more than two months left. Lawmakers will have to get to work as they...
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Update: Why Our Debt Is Still a Problem Even if Deficits Fall
Read moreSeptember 30th marked the end of the Fiscal Year, and the final numbers are in. The deficit for last year was $439 billion, according to the final...
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Could Eliminating the Payroll Tax Cap Extend Solvency to 2061 and Allow for Expanded Benefits?
Read moreSen. Bernie Sanders (I-VT) discussed his plans to increase Social Security benefits and extend the program's solvency.
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Do the Top 0.6 Percent of Americans Generate 30 Percent of the Revenue?
Read moreGov. Lincoln Chafee (D-RI) said “So let's go back to the tax code. And 0.6 percent of Americans are at the top echelon, over 464,000, 0.6 Americans...
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Will Immigration Reform Increase Annual Wages by $250?
Read moreOne claim made by former Gov. Martin O' Malley (D-MD) during last night’s debate is that immigration reform will "make wages go up in America $250 for...
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FY 2015 Deficit Falls to $439 Billion, but Debt Continues to Rise
Read moreThis paper was updated on October 15, 2015 to reflect the final end of year deficit as announced by the Treasury Department. The Fiscal Year (FY) 2015...