The Congressional Budget Office (CBO) estimated the Tax Cuts and Jobs Act (TCJA) of 2017 would add $1.8 trillion to deficits (excluding interest) through Fiscal Year (FY) 2028 on a conventional basis...
Restoring solvency to the major trust funds could stabilize debt as a share of the economy, albeit at a very high level. We estimate that when dynamic effects are incorporated, limiting highway...
The Biden Administration recently released the President's Fiscal Year (FY) 2025 budget, outlining President Biden's tax and spending priorities for the next decade. The budget proposes $3.3 trillion...
