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Congress Should Support Veterans Without Exploding the Debt
Read moreThe Senate is likely to vote on the Honoring our PACT Act soon, which would spend roughly $280 billion to expand veterans benefits and allow...
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IRA Will Help Fed Fight Inflation
Read moreA recent Penn Wharton Budget Model (PWBM) study has been used by opponents to claim the Inflation Reduction Act (IRA) would increase rather than...
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New Economic Data Highlights Need to Fight Inflation, Not Add To It
Read moreThis morning, the Bureau of Economic Analysis estimated that Personal Consumption Expenditures (PCE) inflation rose by 1.0 percent in June and 6.8...
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Extending the Student Loan Payment Pause is Bad Policy
Read moreNote: (8/30/2022): Since the publication of this blog the Biden Administration announced another four-month extension to the student loan pause...
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What's In the Inflation Reduction Act?
Read moreUpdate (9/7/2022): The Congressional Budget Office has released an official score of the final version of the Inflation Reduction Act, finding it will...
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The Economy Needs an Inflation Reduction Act
Read moreSenator Joe Manchin (D-WV) just announced an agreement with Senate Majority Leader Chuck Schumer (D-NY) to vote on the Inflation Reduction Act of 2022...
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More Borrowing Will Hurt Competitiveness
Read moreThis week, the Senate is moving forward on a compromise “chips-plus” economic competitiveness bill. Though there is not yet a score from the...
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To Fight Inflation, More Deficit Reduction is Better
Read moreIn recent weeks, lawmakers have been negotiating a reconciliation package that would include roughly $1 trillion of revenue and health savings along...
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Surging Inflation Highlights Need for Deficit Reduction, Not Tax Cuts
Read moreCPI inflation set another forty-year record today, rising by 1.3 percent this month and 9.1 percent over the past year. CPI has already risen more...
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Reconciliation Should Reduce Deficits, Fight Inflation, and Strengthen Medicare
Read moreAs negotiations have resumed over a potential reconciliation bill, policymakers should maintain focus on combining any new spending and tax breaks...
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ARCHIVE #2: How Long Before Cancelled Student Debt Would Return?
Read moreNote: This analysis has been updated from the original version to reflect new estimates of how long it would take for the amount of student debt owed...
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Senate Retirement Bill Would Cost $84 Billion Without Gimmicks
Read moreThe Senate Finance Committee recently advanced the Enhancing American Retirement Now (EARN) Act, a bill designed to encourage private retirement...