Latest
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Eugene Steuerle: Young Americans Can’t Keep Funding Boomers and Beyond
Read moreDr. Eugene (Gene) Steuerle is an Institute fellow and the Richard B. Fisher chair at the Urban Institute, as well as a board member of the Committee...
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SALT Cap Expiration Could Be Costly Mistake
Read moreSome policymakers have suggested allowing the $10,000 cap on the State and Local Tax (SALT) deduction to expire as scheduled at the end of 2025. We...
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Congress Should Strengthen Administrative PAYGO
Read moreThe Fiscal Responsibility Act (FRA) of 2023 re-established Administrative PAYGO (Pay-As-You-Go) – a rule requiring the executive branch to offset...
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Interest, Social Security, and Health Responsible for Nearly 90% of Spending Growth
Read moreIn the latest Congressional Budget Office (CBO) baseline, nominal spending is projected to grow from $6.8 trillion in Fiscal Year (FY) 2024 to $10.3...
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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...