Latest
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How Would Higher Interest Rates Affect Interest Payments?
Read moreInterest on the national debt is projected to be the fastest growing part of the federal budget. We estimate, based on the Congressional Budget Office...
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Senate Finance Subcommittee Holds Hearing on the Medicare Trust Fund
Read moreThe Senate Finance Committee's Fiscal Responsibility and Economic Growth Subcommittee held a hearing on February 2, 2022, regarding the Medicare...
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Ten Options to Secure the Social Security Trust Fund
Read moreThe Social Security trust funds are expected to be insolvent by 2033 according to the Congressional Budget Office (CBO) and by 2035 according to the...
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CBO Reports $259 Billion Deficit for First 4 Months of Fiscal Year
Read moreThe United States borrowed $259 billion in the first four months of fiscal year 2022, with a $119 billion surplus in January, according to the latest...
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Third CR Emblematic of Broken Budget Process
Read moreThe House of Representatives just passed a continuing resolution (CR) funding the government at last fiscal year’s funding levels for an additional...
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Ten Options to Secure the Highway Trust Fund
Read moreAccounting for the enactment of the bipartisan infrastructure law (formally, the Infrastructure Investment and Jobs Act), we estimate the Highway...
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COMPETES Act is Missing a Score and Offsets
Read moreThe House of Representatives is set to vote on the America COMPETES Act of 2022 soon, which is its version of the Senate-passed United States...
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The Infrastructure Bill’s Impact on the Highway Trust Fund
Read moreIn addition to new investments in surface transportation, transit, broadband, energy, water, tax breaks, and other transportation spending, the...
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A Smaller Reconciliation Bill Should Retain Offsets
Read morePolicymakers are currently considering if and how to develop new legislation, in place of the House Build Back Better Act, under the reconciliation...
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New Report Shows Student Debt Cancellation is Regressive
Read moreRecently, Adam Looney, Executive Director of the Marriner S. Eccles Institute at the University of Utah and a Nonresident Senior Fellow in Economic...
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The Case for Restoring Discretionary Spending Caps
Read moreOn February 18, 2022, the current continuing resolution will expire, and legislation will be needed to continue funding the federal government...
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Policymakers Shouldn't Weaken Build Back Better Surtax
Read moreTo help finance new spending and tax breaks, the House-passed Build Back Better Act (and the Senate Finance Committee’s version) includes a high...