The $3 trillion of claimed dynamic feedback is 14 times as large as the average estimate of $213 billion. Producing $3 ...
Reduce revenue by $5.0 trillion to $11.2 trillion over ten years. Lower revenue by 1.3 to 3.0 percent of Gross Domestic Product (GDP). Boost debt to between 132 and 149 percent of GDP by 2035, if not ...
This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNBC's "The Exchange" to discuss the Committee's estimates of President Trump’s ...
The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...
According to press reports, House lawmakers were recently considering a budget resolution with reconciliation instructions to ...
The Pell Grants program is now expected to run out of reserves by the end of this year and is expected to face a $71 billion ...
President Trump's tariffs include a 10 percent additional tariff on all imports from China that went into effect on February 4. We estimate that this tariff will raise $20 billion in revenue through ...
The Tax Policy Center (TPC) recently published analyses of several options to raise the $10,000 State and Local Tax (SALT) ...
Stabilizing debt over the next decade at its current share of the economy would require $9.0 trillion of deficit reduction relative to the Congressional Budget Office’s (CBO) ...
From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About 83 percent of this increase can be explained by ...
The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number of p ...