Trump Administration

In their time in office, both former President Trump and President Biden approved trillions of dollars in new ten-year borrowing both for COVID...

In a recent analysis , we estimated that President Trump approved $8.4 trillion of new ten-year borrowing during his term in office, while President...

In a recent analysis, we estimated that former President Trump approved $8.4 trillion of new ten-year borrowing ($4.8 trillion excluding the CARES Act...

We recently estimated that former President Trump and current President Biden approved $8.4 trillion and $4.3 trillion of new ten-year borrowing (or...

Note: We published a more comprehensive, up-to-date comparison analysis of the amount of new ten-year borrowing approved by both Presidents Trump and...

Note: (8/30/2022): This analysis is now out of date.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...

One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of the “tax gap," or the difference between...

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...

Update 8/10/20: We have revised our estimates downward to reflect our understanding from the final text of the memorandum that the payroll tax...

President Trump tweeted support for a one-year payroll tax cut Monday evening, saying: The Democrats in the House should propose a very simple one...