Biden Administration

President Biden is slated to release his Fiscal Year (FY) 2023 budget proposal on March 28. The President's budget is meant to provide a roadmap for...

Note: (8/30/2022): This analysis is now out of date. We released an updated version of this analysis, available here, which updates the estimated cost...

In his first State of the Union address, President Joe Biden stated that he would be "the only president ever to cut the deficit by more than one...

As we recently discussed, the House-passed Build Back Better Act is likely to be modestly inflationary over the next few years. Though we expect the...

With inflation on track to reach its highest annual rate since 1990, experts and advocates are in disagreement over whether the Build Back Better Act...

UPDATE 12/10: Since this analysis was published, CBO has issued a correction to its initial estimate of H.R. 5376. Instead of adding $160 billion to...

UPDATE 12/10: Since this analysis was published, the Congressional Budget Office (CBO) has issued a correction to their initial estimate of H.R. 5376...

New estimates from the Committee for a Responsible Federal Budget project that debt as a percentage of Gross Domestic Product (GDP) is on track to...

This week, the Tax Policy Center (TPC) released new estimates for how the Build Back Better Act will affect the tax burden of individuals at various...

We have published an full estimate of the House's Build Back Better Act based on CBO's scores of the bill here. Last week, the White House estimated...