Latest
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Means-Testing Student Debt Cancellation is Still Costly and Regressive
Amid criticisms that student debt cancelation would be costly and regressive, the Biden Administration is apparently considering means-testing debt...
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President's Budget Would Add More to Debt With Policy Extensions
Last month, the Biden Administration released its Fiscal Year (FY) 2023 budget proposal that includes many policy changes that would reduce deficits...
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Congress Misses Budget Deadline Again
The statutory deadline for Congress to pass a concurrent budget resolution is April 15. The following is a statement from Maya MacGuineas, president...
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Debt Cancellation Is Costly, Regressive, and Inflationary
According to press reports, President Biden is seriously considering cancelling a large swath of student debt – perhaps more than the $10,000 per...
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Fiscal Considerations for the Future of Telehealth
Telehealth services filled crucial medical care gaps during the COVID-19 pandemic and will appropriately remain an important part of the health care...
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More Information Is Needed Before Student Loan Changes Take Effect
The Department of Education yesterday announced several changes to the student loan program, including a one-time policy to retroactively count any...
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House Insulin Bill is a Missed Opportunity
Recently, the House passed the Affordable Insulin Now Act (H.R. 6833), which would cap the cost of insulin at $35 per month for those enrolled in...
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CPI Inflation Tops 8.5% Over a Year in March
The Consumer Price Index (CPI) jumped 1.2 percent in Marc h, and is now up 8.5 percent from a year ago – the highest year-over-year increase in 40...
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CBO Reports $667 Billion Deficit for First 6 Months of Fiscal Year
The United States borrowed $ 667 billion in the first six months of fiscal year 2022, with a $ 191 billion deficit in March, according to the latest...
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No, President Biden Has Not Implemented Historic Deficit Reduction
While President Biden’s Fiscal Year (FY) 2023 budget calls for $1.05 trillion of welcomed deficit reduction, the Administration has largely been...
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What Would the President's Budget Look Like With Build Back Better?
The President's Fiscal Year (FY) 2023 budget proposal released last week omits details on the core of the President's agenda, the Build Back Better...
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Can a Carbon Tax Fund Climate Investments?
Though the Senate will not consider the House-passed Build Back Better Act (BBB), there has been some discussion of reviving the legislation’s climate...