Latest
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What’s Driving Medicaid Spending?
Read moreIn the Congressional Budget Office’s (CBO) latest budget baseline, the agency revised projections of Medicaid enrollment and outlays for the next...
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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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The Looming Telehealth Flexibilities Deadline
Read moreCongress faces a number of deadlines prior to the end of the year, including the question of whether or not to extend Medicare’s flexible telehealth...
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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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Treasury: $1.5 Trillion Deficit in First 10 Months of Fiscal Year
Read moreThe United States borrowed $1.5 trillion in the first ten months of fiscal year 2024, including $244 billion in July, according to the latest Monthly...
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12-Month Rolling Deficit Mostly Unchanged After July 2024
Read moreThe federal budget deficit totaled $1.6 trillion over the 12 months between August of 2023 and July of 2024 based on estimates released today by the...
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CBO Estimates $1.5 Trillion Deficit for First 10 Months of Fiscal Year
Read moreThe United States borrowed $1.5 trillion in the first ten months of fiscal year 2024, including $242 billion in July, according to the latest Monthly...
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Student Borrowers Deserve Solutions, Not More Legal Battles
Read moreLast week, the Department of Education announced it will take the “next step toward additional debt relief” for student loan borrowers. In particular...
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CBO's June 2024 Budget and Economic Outlook
Read moreThe Congressional Budget Office recently released its June 2024 Update to the Budget and Economic Outlook. This report updates the February 2024...
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Reconciliation for Deficit Reduction
Read moreNext year, Members of Congress may choose to use a mechanism known as reconciliation to fast-track the enactment of tax or spending changes. The...
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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...