Latest
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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...
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Build Back Better Drug Reforms Would Lower Costs
Read moreThe House-passed Build Back Better Act includes several reforms to reduce prescription drug costs for the federal government, seniors, and the public...
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What Does Student Debt Cancellation Mean for Federal Finances?
Read moreWe've previously estimated that cancelling all federal student debt would cost the same as the outstanding value of the loans, which is currently $1.6...
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2021 Inflation Totaled 6.7 Percent
Read moreThe Bureau of Labor Statistics (BLS) today released Consumer Price Index (CPI) inflation data for December 2021. Based on BLS’s data, we estimate CPI...
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New COVID Wave Does Not Justify Further Borrowing
Read moreAs the Omicron variant of COVID-19 continues to spread through the United States, press reports suggest policymakers are considering additional COVID...
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U.S. Borrowed $2.6 Trillion in Calendar Year 2021
Read moreThe United States borrowed nearly $2.6 trillion in calendar year 2021, including $20 billion in December , according to the latest Monthly Budget...
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Addressing Tax Expenditures Could Raise Substantial Revenue
Read moreWhile the House and Senate each has put forth its own version of the Build Back Better Act reconciliation legislation, the offsets that will be...