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 ...
Senate Majority Leader Chuck Schumer (D-NY) announced yesterday that the Senate would vote on the Social Security Fairness Act, which passed the House in November. This bill would repeal the Windfall ...
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 ...
Congressman John Spratt, a former longtime Representative from South Carolina and a member of the Committee for a Responsible Federal Budget, died Saturday at the age of 82.
New data from the Congressional Budget Office (CBO) finds that economic feedback may not cover any of the revenue loss and that TCJA extension might even add more to the debt on a dynamic basis, ...
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 ...