With the passage of the Fairness Act and the American Relief Act, Congress and the President approved $1 trillion in new ten-year debt in calendar year 2024 – a reversal from 20 ...
The next few years will include several predictable fiscal policy deadlines that will force congressional action. Many of the deadlines could bring additional costs if Congress acts irresponsibly, or ...
With the national debt on course to exceed its record as a share of the economy in the next two years, interest payments on the debt surging, and major trust funds approaching insolvency, policymakers ...
Olabisi Omoniyi-Alake is a recent graduate of the University of Maryland, where she majored in Public Policy. She served as the Ed Lorenzen fiscal intern in Fall 2024. For more information about Ed ...
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Washington Examiner, an excerpt of which is below. Lawmakers have a hugely ...
Earlier today, a group of 28 Members of Congress signed a letter to incoming Congressional leadership recommending a two-step reconciliation process in the 119th Congress, with the first ...
Universal Baseline Tariff, Excluding Free Trade Countries $140 billion per point- Chinese Minimum Import Tariff $20 billion per point- Chinese Additional Import Tariff $30 billion per point- ...
Kent Conrad is a former senator, former Chairman of the Senate Budget Committee, and a director of the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for The Hill, an ...