Biden Administration
Latest
-
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...
-
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...
-
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...
-
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...
-
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...
-
How Much Could Build Back Better Add to the Debt?
Note: This analysis was updated for new data and details on August 11, 2021. See the updated analysis here. While we do not have all the estimates for...
-
President's Budget Would Add More to Debt With Tax Cut Extensions
President Joe Biden's Fiscal Year (FY) 2022 budget includes many significant changes that would add nearly $1.4 trillion to deficits through FY 2031...
-
Maya MacGuineas: Biden's Budget Reflects His Priorities, but Leaves Debt Unchecked
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
-
Breaking Down the Proposals in the President's FY 2022 Budget
Last week, the Biden Administration released its first full budget, laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade. The...
-
Partial Student Debt Cancellation is Poor Economic Stimulus
Last year, we estimated that fully canceling student debt would produce eight to 23 cents of economic activity for every dollar of cost and speculated...
-
An Overview of the President’s FY 2022 Budget
Moments ago, President Joe Biden unveiled his Fiscal Year (FY) 2022 budget proposal, outlining his tax and spending proposals and their effects on the...