Latest
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CBO Releases May 2022 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) just released its May 2022 Budget and Economic Outlook, its first baseline since July 2021. Under CBO's new...
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Medicare Advantage Costs Continue to Rise
Read moreThe Centers for Medicare and Medicaid Services (CMS) recently announced that Medicare Advantage (MA) plans will receive an 8.5 percent payment...
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Adding Up Aid to Ukraine from the U.S. and the Rest of the World
Read morePolicymakers are currently considering an additional aid package to Ukraine, with $41 billion of support split roughly evenly between military aid and...
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April CPI Shows Inflation Is Still Out of Control
Read moreToday, the Bureau of Labor Statistics estimated the Consumer Price Index (CPI) grew by 0.3 percent in April and 8.3 percent over the past year. Core...
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Milken Institute Hosts Panel on the National Debt's Impact on the Economy
Read moreOn Tuesday, May 3, the Milken Institute hosted a panel discussion entitled “ The Road Ahead: The Impact of the National Debt on America’s Economy” as...
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CBO Analyzes the Economic Effects of Waiting to Fix the Debt
Read moreWaiting to address our high and rising national debt has substantial adverse consequences. High debt slows income growth, increases interest payments...
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Large April Surplus Won’t Erase Massive Deficits
Read moreThanks to record-high tax payments, the federal government enjoyed a $ 308 billion surplus in April of 2022, according to the latest Monthly Budget...
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"A Sacred Trust" Would Weaken Social Security
Read moreLawmakers may soon consider Social Security Subcommittee Chairman John Larson's (D-CT) Social Security 2100: A Sacred Trust ( A Sacred Trust), a bill...
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Biden Administration Should Do More Before Taking Credit for Fiscal Responsibility
Read morePresident Biden gave a speech this morning touting his Administration’s deficit reduction and fiscal responsibility. The following is a statement from...
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Fed’s Interest Rate Hike Underlines Importance of Reducing Debt
Read moreThe Federal Open Market Committee (FOMC) of the Federal Reserve just announced an interest rate hike of 50 basis points, pushing the federal funds...
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Marc Goldwein: Student Debt Cancellation a Bad Deal for 85% of Americans
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...
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Lawmakers Should Offset Competitiveness Bill
Read moreThis week, the Senate is voting on motions to instruct the conferees for H.R.4521, known as the United States Innovation and Competition Act or the...