President Trump’s enacted “reciprocal tariffs” are not based on foreign nation’s tariffs but instead on the bilateral trade deficit between the U.S. and each respective nation. Specifically, the ...
The Senate Budget Committee unveiled its proposed concurrent Fiscal Year (FY) 2025 budget resolution yesterday, setting the ...
The Senate reconciliation instructions cover deficit changes from FY 2025 through 2034, though few spending or tax changes ...
If the full $5.8 trillion of borrowing were ultimately made permanent, debt would grow even more rapidly. If these reports ...
Today, the Congressional Budget Office (CBO) released its March 2025 Long-Term Budget Outlook, which builds off its ...
Over the four years of President Biden’s term – from January 2021 through January 2025 – we estimate that he approved $4.7 ...
CEA claims the economy will grow by 3 percent due to TCJA extension and other policies but does not provide evidence or ...
The reconciliation instructions in the House’s Fiscal Year (FY) 2025 budget resolution – which allow up to $2.8 trillion of ...
Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, ...
If borrowing increases by as much as allowed under the reconciliation legislation, we estimate it would double the growth of debt as a share of Gross Domestic Product (GDP), with debt-to-GDP reaching ...
The Committee for a Responsible Federal Budget has put out a press release on the report and will publish our full analysis ...
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