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Policymakers Should Commit To No New Borrowing In 2022
Read moreLawmakers are contemplating a year-end package that could include increased appropriations along with a variety of tax breaks and spending increases... -
Student Debt Payments Should Restart As Scheduled
Read moreThe 33-month pandemic-era pause on student loan repayments is scheduled to end on December 31, after which borrowers will begin making loan payments... -
IRS Releases Updated Tax Gap Analysis
Read moreThe Internal Revenue Service (IRS) recently released an updated analysis of the “ tax gap” – the difference between taxes owed to the federal... -
CBO Reports $83 Billion Deficit in First Month of Fiscal Year
Read moreThe United States borrowed $83 billion in October, according to the latest Monthly Budget Review from the Congressional Budget Office. The following... -
Mitch Daniels: Modern Monetary Theory, debunked everywhere except among government big-spenders
Read moreMitch Daniels is the president of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget, and a co... -
Q&A: Everything You Should Know About the Debt Ceiling
Read moreThis paper has been updated. The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which is expected to last... -
The CRFB Fiscal Blueprint for Reducing Debt and Inflation
Read moreThe United States faces numerous economic and fiscal challenges, including surging inflation, rising interest rates, trust funds heading toward... -
A $1.4 Trillion Deficit Is Not An Accomplishment
Read moreThe U.S. Treasury Department released the final Monthly Treasury Statement for Fiscal Year 2022 today, confirming the deficit totaled nearly $1.4... -
COVID Relief End Explains All of 2022 Deficit Decline
Read moreThe budget deficit fell by half between Fiscal Year (FY) 2021 and FY 2022, from $2.8 trillion to $1.4 trillion. While the Biden Administration has... -
Rules Reform – Ideas for the 118th Congress
Read moreAt the beginning of each new session of Congress, the House of Representatives must agree on a new set of rules governing how business will be... -
Treasury: FY 2022 Deficit Was $1.4 Trillion
Read moreThe US Department of the Treasury released its final Monthly Treasury Statement for Fiscal Year (FY) 2022, showing a $1.4 trillion deficit for the... -
CBO Offers Approaches to Reduce Commercial Health Prices
Read moreThe Congressional Budget Office (CBO) recently released a report discussing different policy approaches to reducing the prices paid by commercial...