Latest
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CBO Projects Debt to Reach Record Levels
Read moreFor Immediate Release The Congressional Budget Office (CBO) released its Updated Budget and Economic Outlook for the next decade, projecting the...
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CBO Releases July 2021 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) just released its updated Budget and Economic Outlook, accounting for enactment of the American Rescue Plan and...
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Group of Senators Introduce Bill to Narrow the Tax Gap
Read moreLast month, Senator Angus King (I-ME), along with Senators Sherrod Brown (D-OH) and Tim Kaine (D-VA), introduced the Stop Corporations and High...
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Kerrey and Danforth Sound the Alarm on Long-Term Debt
Read moreFormer Senators Bob Kerrey (D-NE) and John C. Danforth (R-MO) recently published an op-ed in the Wall Street Journal highlighting the need to address...
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ARCHIVE: Appropriations 101
Read moreWhat are appropriations? How does Congress determine the total level of appropriations? How will this year's appropriations process be different? How...
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Over Half of States Ending Federal Unemployment Benefits Early
Read moreTwenty-six states have announced that they are ending the expanded federal unemployment benefits in the American Rescue Plan prior to their technical...
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Bipartisan Policy Center Highlights Need for Medicare Trust Fund Solutions
Read moreWith just five years until the Medicare Hospital Insurance (HI) trust fund faces insolvency, lawmakers must address the trust fund's $515 billion net...
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Reconciliation Should Not Add to the Debt
Read moreFor Immediate Release Recent reports suggest the Senate Budget Committee is considering a budget that would call for $6 trillion in new spending, half...
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There Are Plenty of Offsets for Infrastructure Package
Read moreA bipartisan group of senators has apparently reached agreement on a plan with $579 billion of new infrastructure spending. Meanwhile, President Joe...
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What's In the Bipartisan Infrastructure Plan?
Read moreUPDATE 8/5: We have published a new summary of the bipartisan Infrastructure Investment and Jobs Act based on a recently published score from the...
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House Members Urge the Adoption of a Budget Resolution
Read moreOn Monday, a group of five Democratic members of the House of Representatives sent a letter to House Speaker Nancy Pelosi (D-CA) calling for increased...
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President's Budget Would Add More to Debt With Tax Cut Extensions
Read morePresident Joe Biden's Fiscal Year (FY) 2022 budget includes many significant changes that would add nearly $1.4 trillion to deficits through FY 2031...