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 ...
The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...
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 ...
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) ...
In order for the reconciliation process to begin, the House and Senate must pass a concurrent budget resolution that includes a deficit reduction or cost target for relevant committees. Each committee ...