Latest
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Bipartisan Senate Highway Bill Needs Offsets
The Senate Environment and Public Works (EPW) Committee recently marked up and unanimously passed a bipartisan highway reauthorization bill. The bill...
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An Overview of the President’s FY 2022 Budget
Moments ago, President Joe Biden unveiled his Fiscal Year (FY) 2022 budget proposal, outlining his tax and spending proposals and their effects on the...
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President Biden's Full FY 2022 Budget
The Biden Administration today released its first full budget, laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade. The...
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President's Budget Does Little to Address High and Rising Debt
For Immediate Release President Biden just released his Fiscal Year (FY) 2022 budget, the first full budget of his presidency, which lays out his tax...
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What We Hope to See in the President's FY 2022 Budget
The White House is slated to release President Biden’s first full budget proposal this Friday. Although the Fiscal Year (FY) 2022 budget request will...
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CBO Releases Budget Projections Under Three Scenarios
Last week, the Congressional Budget Office (CBO) released a letter outlining how enacted legislation and certain amounts of additional spending would...
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Reducing Private Health Care Costs
Erica Socker and Mark Miller of Arnold Ventures last week penned a blog post in Health Affairs on the need to contain the costs of employer-provided...
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Congress Should Pay For the U.S. Innovation and Competition Act
For Immediate Release The Senate is continuing to work on the United States Innovation and Competition Act of 2021 this week, a bill aimed at boosting...
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RSC Releases Its FY 2022 Budget Proposal
The Republican Study Committee (RSC), a group of over 150 House Republicans, released its annual budget proposal for Fiscal Year (FY) 2022 on...
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What Would it Take to Stabilize the Debt?
Federal debt held by the public is now larger than annual economic output and is on track to reach 113 percent of Gross Domestic Product (GDP) by 2031...
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Interest Payments in the Federal Budget
At a projected cost of over $300 billion this fiscal year, interest payments are a significant part of the federal budget. Net interest is currently...
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State & Local Aid is On Its Way, But Is It Needed?
Last week, the Department of Treasury issued guidelines for the allocations of $350 billion of direct state and local aid funds in the American Rescue...