Biden Administration
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Build Back Better Visualized
Last week, the White House released a $1.75 trillion framework for the reconciliation bill currently working its way through Congress. When combined...
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Event Recap: Tax Gap Myths and Facts: A Conversation with Natasha Sarin
On October 26, the Committee for a Responsible Federal Budget hosted “Tax Gap Myths and Facts: A Conversation with Natasha Sarin.” The virtual event...
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New Build Back Better Framework Relies Too Heavily on Gimmicks
For Immediate Release Today, the White House released an updated framework for its Build Back Better plan. The framework proposes $1.85 trillion of...
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What's in the Latest Build Back Better Framework?
We have published an full estimate of the House's Build Back Better Act based on CBO's scores of the bill here. The White House has announced an...
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BBB Expirations Could Hide $1 to $2 Trillion of True Costs
As negotiations over President Biden’s Build Back Better reconciliation package continue, lawmakers are reportedly considering an extension of the...
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Chartbook: Build Back Better for Less
Policymakers are apparently now targeting $1.5 trillion to $2.3 trillion of gross spending increases and tax cuts for their Build Back Better...
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Biden Administration’s SNAP Increase Could Add $180 Billion to Deficits
The U.S. Department of Agriculture (USDA) recently announced it will be revising the Thrifty Food Plan (TFP), used for the calculation of Supplemental...
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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 to $1.75 trillion of borrowing...
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Comparing the Cost of Build Back Better to Other Recent Legislation
Lawmakers are preparing to consider both portions of President Biden's Build Back Better agenda – the Senate-passed bipartisan infrastructure bill and...
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It’s Time to Wind Down the Student Loan Moratorium
The Biden administration recently extended the federal student loan moratorium through January 2022. Under the moratorium, most federal student loan...
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How Much Could Build Back Better Add to the Debt, An Update
Note: with recent Administrative actions on SNAP, debt-to-GDP will be about 0.6 percent higher in all scenarios. As a result, it will now reach 107...
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Comparing the Permanent Costs of Build Back Better and the TCJA
The bipartisan Infrastructure Investment and Jobs Act and the forthcoming budget reconciliation bill – together making up the core of the "Build Back...