Latest
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State and Local Governments Do Not Need Half a Trillion in COVID Relief
The American Rescue Plan currently making its way through Congress contains over $500 billion of aid to state and local governments. A number of...
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CBO Releases New Long-Term Budget Projections
The Congressional Budget Office (CBO) released a new set of long-term budget projections today, showing that the long-term fiscal outlook remains...
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CBO’s Long-Term Debt Outlook Reaffirms Unsustainable Debt Trajectory
For Immediate Release The Congressional Budget Office (CBO) released its Long-Term Budget Outlook today, which shows an unsustainable debt trajectory...
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Case and Womack Reintroduce Sustainable Budget Act
This week, Representatives Ed Case (D-HI) and Steve Womack (R-AR) reintroduced the Sustainable Budget Act. The bill would create a fiscal commission...
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Voices Skeptical of the Size of $1.9 Trillion COVID Relief Plan
Congress is currently marking up a $1.9 trillion COVID relief package using budget reconciliation. While it's important to spend what is necessary to...
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Analysis of CBO's February 2021 Budget and Economic Outlook
Today, the Congressional Budget Office (CBO) released its February 2021 Budget and Economic Outlook, confirming that, despite improvements as a result...
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CBO Debt Baseline Emphasizes Need to Better Target COVID Relief Bill
For Immediate Release The Congressional Budget Office (CBO) released its Budget and Economic Outlook for the next decade, estimating that the national...
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CBO Releases New 10-Year Budget Projections
The Congressional Budget Office (CBO) just released its February 2021 Budget and Economic Outlook, showing that the COVID-19 public health and...
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Building a Responsible COVID Relief Package
The House of Representatives is currently developing a $1.9 trillion COVID relief package. Policymakers should spend what is necessary to end the...
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President Biden's $1.9 Trillion COVID Plan vs. the GOP $618 Billion Plan: A Comparison
President Biden has proposed a $1.9 trillion “American Rescue Plan” for Congress to enact this spring as a COVID relief package. Last Monday, 10...
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CBO Reports $738 Billion Deficit Through First Four Months of FY 2021
For Immediate Release The United States’ budget deficit for the first four months of fiscal year 2021 was $738 billion, according to the Congressional...
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Important to Pay For Child Tax Credit Expansion
For Immediate Release Democratic lawmakers are planning to unveil legislation to substantially boost the Child Tax Credit from $2,000 to $3,000...