Sep 15, 2021 | Taxes
SALT Cap Repeal Does Not Belong in Reconciliation
For Immediate Release
Though the recent draft tax legislation ...
Press Releases
Sep 9, 2021 | Budgets & Projections
CBO Reports $173 Billion Deficit for August
The United States borrowed over $2.7 trillion in the first 11 months of fiscal year 2021, including $173 billion...
Sep 9, 2021 | Budgets & Projections
Responsibly Raising the Debt Limit
Yesterday, Treasury Secretary Janet Yellen ...
Sep 7, 2021 | Budgets & Projections
Keeping Offsets on the Table
As lawmakers work to put together a reconciliation package that could include up to $3.5 trillion of gross spending and tax breaks, resistance...
Trustees Show Limited Time to Save Social Security and Medicare
Today, the Social Security and Medicare Trustees released their annual reports on the state of the trust funds. The Trustees find that...
Aug 23, 2021 | Budgets & Projections
House Should Not Authorize Trillions of Borrowing
The House is expected to vote this week on a Senate-passed budget resolution for Fiscal Year 2022 that would allow up...
Aug 10, 2021 | Budgets & Projections
The Senate Should Restore the Conrad Rule
The Senate is currently considering a budget resolution that includes reconciliation instructions to facilitate the enactment of numerous...
Aug 10, 2021 | Budgets & Projections
More Pay-Fors Needed for Bipartisan Infrastructure Act
The Senate passed the Infrastructure Investment and Jobs Act, bipartisan legislation to increase federal infrastructure investments. The...
Aug 9, 2021 | Budgets & Projections
Reconciliation Instructions Must Not Add to the Debt
Today, Senate Budget Committee Chairman Bernie Sanders released a budget resolution to allow for up to $1.75 trillion of new borrowing through...
Aug 2, 2021 | Budgets & Projections
Congress Should Responsibly Lift the Debt Limit
The suspension of the debt ceiling expired on July 31, at which point the ceiling was automatically raised to the current level of debt –...