Latest
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Q&A: Everything You Should Know About the Debt Ceiling - Oct 2015
March 2017 Note: We have updated this Q&A. A new version is available here.
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Rigell Releases Sequester Replacement Plan
Congressman Scott Rigell (R-VA) released a plan today we might like even better than our own Sequester Offset Solutions (SOS) plan. Congressman Rigell...
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Two Months, Four Fiscal Speed Bumps to Deal With
We are coming down the home stretch of calendar year 2015, with only a little more than two months left. Lawmakers will have to get to work as they...
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Update: Why Our Debt Is Still a Problem Even if Deficits Fall
September 30th marked the end of the Fiscal Year, and the final numbers are in. The deficit for last year was $439 billion, according to the final...
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Could Eliminating the Payroll Tax Cap Extend Solvency to 2061 and Allow for Expanded Benefits?
Sen. Bernie Sanders (I-VT) discussed his plans to increase Social Security benefits and extend the program's solvency.
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Do the Top 0.6 Percent of Americans Generate 30 Percent of the Revenue?
Gov. Lincoln Chafee (D-RI) said “So let's go back to the tax code. And 0.6 percent of Americans are at the top echelon, over 464,000, 0.6 Americans...
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Will Immigration Reform Increase Annual Wages by $250?
One claim made by former Gov. Martin O' Malley (D-MD) during last night’s debate is that immigration reform will "make wages go up in America $250 for...
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FY 2015 Deficit Falls to $439 Billion, but Debt Continues to Rise
This paper was updated on October 15, 2015 to reflect the final end of year deficit as announced by the Treasury Department. The Fiscal Year (FY) 2015...
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How Would Governor Kasich's Plan Reduce Deficits?
Republican Presidential candidate Gov. John Kasich (R-OH) has released an "Action Plan" that plots a path to (on-)budget balance by 2025. Perhaps not...
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As Life Expectancy Gap Widens, The Well-To-Do Collect More Benefits
In an op-ed for the Washington Post, Robert Samuelson called attention to a new report by the National Academies of Sciences, Engineering, and...