Latest
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Reconciliation Instructions Must Not Add to the Debt
Read moreToday, Senate Budget Committee Chairman Bernie Sanders released a budget resolution to allow for up to $1.75 trillion of new borrowing through...
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The Senate Budget Resolution Would Allow $1.75 Trillion of Borrowing
Read moreSenate Budget Committee Chairman Bernie Sanders (I-VT) released a budget resolution for Fiscal Year (FY) 2022 today that allows for up to roughly $1...
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CBO Report Shows Infrastructure is More Pro-Growth When It's Paid For
Read moreThe Congressional Budget Office (CBO) released a report today detailing the macroeconomic effects of two illustrative, $500 billion infrastructure...
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Infrastructure Plan Will Add $400 Billion to the Deficit, CBO Finds
Read moreThe Congressional Budget Office (CBO) just published its score of the recently unveiled bipartisan Infrastructure Investment and Jobs Act. Though its...
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Breaking Down $800 Billion in Economic Impact Payments
Read moreThe Internal Revenue Service (IRS) recently published summary statistics for the three rounds of Economic Impact Payments (EIPs) paid through early...
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Representative Suozzi Introduces the WISH Act
Read moreRepresentative Thomas Suozzi (D-NY) recently introduced the WISH Act, which aims to provide catastrophic long-term care insurance for older Americans...
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Comparing the Permanent Costs of Build Back Better and the TCJA
Read moreThe bipartisan Infrastructure Investment and Jobs Act and the forthcoming budget reconciliation bill – together making up the core of the "Build Back...
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How Much Could Build Back Better Add to the Debt?
Read moreNote: This analysis was updated for new data and details on August 11, 2021. See the updated analysis here. While we do not have all the estimates for...
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Congress Should Responsibly Lift the Debt Limit
Read moreThe suspension of the debt ceiling expired on July 31, at which point the ceiling was automatically raised to the current level of debt – around $28.5...
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Appropriations Watch: FY 2021
Read moreUpdated 7/30/2021: The House passed an emergency supplemental appropriations measure of $1.9 billion, intended to to address security concerns at the...
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Fiscal State of the Nation Introduced in the Senate and House
Read moreSenators Kyrsten Sinema (D-AZ), Joni Ernst (R-IA), Angus King (I-ME), Mark Kelly (D-AZ), Mike Braun (R-IN), Steve Daines (R-MT), and Jacky Rosen (D-NV...
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Policymakers Shouldn't Attach More Borrowing to a Debt Ceiling Increase
Read moreThe debt ceiling, or the statutory limit on the total amount of debt the federal government can accrue, is set to come back on August 1 after being...