Addressing Tax System Failings That Favor Billionaires and Corporations ReportSeptember 3, 2021 Addressing Tax System Failings That Favor Billionaires and Corporations Biden’s Build Back Better plan addresses key failings of the U.S. tax system that let the wealthy and corporations avoid paying their fair share; Congress can and should do even more. Sep 3, 2021 Seth Hanlon, Galen Hendricks
Any Budget Deal Should Preserve Parity ArticleJuly 1, 2024 Any Budget Deal Should Preserve Parity As Congress renegotiates the budget levels for fiscal year 2025, it should match every additional dollar of defense investment with an equal amount of nondefense spending. Jul 1, 2024 Bobby Kogan, Jessica Vela
The Inflation Reduction Act Still Reduces the Deficit ArticleJune 27, 2024 The Inflation Reduction Act Still Reduces the Deficit Higher clean energy tax credit costs mean they are working better than expected. Jun 27, 2024 Bobby Kogan, Brendan Duke
A Senate Republican Defense Proposal Would Balloon Military Funding by Roughly $6 Trillion ArticleJune 11, 2024 A Senate Republican Defense Proposal Would Balloon Military Funding by Roughly $6 Trillion Sen. Wicker’s plan would nearly double defense funding, draining away resources from other U.S. priorities. Jun 11, 2024 Bobby Kogan, Jessica Vela
What Would It Take To Stabilize the Debt-to-GDP Ratio? ReportJune 5, 2024 What Would It Take To Stabilize the Debt-to-GDP Ratio? Because most of the Bush-era tax cuts were permanently extended, the United States is projected to have the debt ratio rise indefinitely. Closing this fiscal gap would require decreasing primary deficits by 2.1 percentage points of GDP, on average. Jun 5, 2024 Bobby Kogan, Jessica Vela
Permanently Extending the Trump Tax Cuts Would Cost $4 Trillion Over the Next Decade ArticleMay 8, 2024 Permanently Extending the Trump Tax Cuts Would Cost $4 Trillion Over the Next Decade Permanently extending the Trump tax cuts would cost $400 billion per year and give the largest tax cut to extremely rich households. May 8, 2024 Bobby Kogan, Jessica Vela
CBO’s Long-Term Projections of the Primary Deficit Fell Each Year of the Biden Administration ArticleApril 4, 2024 CBO’s Long-Term Projections of the Primary Deficit Fell Each Year of the Biden Administration The Congressional Budget Office’s (CBO) long-term projections of the primary deficit and debt decreased sharply during the Biden administration. Apr 4, 2024 Bobby Kogan
5 Immediate Effects of a Partial Shutdown of the Federal Government on March 2 ArticleFebruary 28, 2024 5 Immediate Effects of a Partial Shutdown of the Federal Government on March 2 Here are five ways that a partial shutdown of the federal government could immediately affect you if Congress does not make its March 1 deadline. Feb 28, 2024 Bobby Kogan, Jessica Vela
The Schumer-Johnson Budget Deal, Explained ArticleFebruary 6, 2024 The Schumer-Johnson Budget Deal, Explained Under the tight caps in the budget agreement, Congress should be able to meet the nation’s highest priorities, but the federal government would provide a lower level of services and benefits than it did in fiscal year 2023. Feb 6, 2024 Bobby Kogan, Jean Ross
The budget process isn’t broken: The problem is politics In the NewsJanuary 24, 2024 The budget process isn’t broken: The problem is politics Bobby Kogan writes in The Hill about why the budget process doesn't need to be altered. Jan 24, 2024 The Hill Bobby Kogan
5 Immediate Effects of a January 20 Partial Shutdown ArticleJanuary 17, 2024 5 Immediate Effects of a January 20 Partial Shutdown Here are five ways that a January 20 partial shutdown of the federal government could immediately affect you. Jan 17, 2024 Jessica Vela, Bobby Kogan
1.3 Million Active-Duty Service Members Would Go Without Pay During a Government Shutdown ArticleJanuary 10, 2024 1.3 Million Active-Duty Service Members Would Go Without Pay During a Government Shutdown As the U.S. Congress continues negotiations to pass a federal budget, active-duty service members and their families are once again left wondering if they will pay the price for extremist House Republicans’ political maneuvers. Jan 10, 2024 Rudy deLeon, Laura Kilbury, Kyle Peterson
Testimony Before the House Ways and Means Subcommittee on Oversight In the NewsDecember 6, 2023 Testimony Before the House Ways and Means Subcommittee on Oversight Bobby Kogan testified before the House Ways and Means Subcommittee on Oversight about the federal debt. Dec 6, 2023 House Ways and Means Committee Bobby Kogan
House Republicans: It’s time to finally get serious about appropriations In the NewsDecember 2, 2023 House Republicans: It’s time to finally get serious about appropriations In The Hill, Bobby Kogan writes about why jumping from continuing resolution to continuing resolution is a bad idea for funding the federal government. Dec 2, 2023 The Hill Bobby Kogan
How George W. Bush and Donald Trump broke America’s tax system In the NewsOctober 27, 2023 How George W. Bush and Donald Trump broke America’s tax system In an op-ed published by MSNBC, Bobby Kogan argues that tax cuts are the reason the federal deficit has grown despite a strong economy. Oct 27, 2023 MSNBC Bobby Kogan
The House Republican Study Committee Budget Proposes Harsh Changes to Social Security ArticleSeptember 22, 2023 The House Republican Study Committee Budget Proposes Harsh Changes to Social Security The proposal would raise the retirement age for full Social Security benefits to 69. Sep 22, 2023 Alan Cohen
What Happens During a Government Shutdown? ArticleSeptember 21, 2023 What Happens During a Government Shutdown? Learn how a government shutdown affects you. Sep 21, 2023 Bobby Kogan
House Republican Appropriations Proposal Breaks the Debt Limit Deal ReportSeptember 6, 2023 House Republican Appropriations Proposal Breaks the Debt Limit Deal The Senate’s bipartisan appropriations bills protect key priorities, while the House Republican appropriators’ proposal would set the United States on a path toward shutdown. Sep 6, 2023 Bobby Kogan, Jean Ross
House Bill Would Slash Business Taxes and Undermine Efforts To Stem Profit Shifting ArticleJune 20, 2023 House Bill Would Slash Business Taxes and Undermine Efforts To Stem Profit Shifting A new House Republican proposal would cut business taxes, expanding the primary cause of the nation’s increasing debt ratio. Jun 20, 2023 Jean Ross
Testimony Before the Senate Budget Committee In the NewsMay 18, 2023 Testimony Before the Senate Budget Committee Bobby Kogan testified before the U.S. Senate Budget Committee about the national debt. May 18, 2023 the Senate Budget Committee Bobby Kogan
Budget Caps Are Budget Cuts ArticleApril 24, 2023 Budget Caps Are Budget Cuts The House Republican proposal to cap discretionary funding would lead to deep programmatic cuts, slashing funding by nearly 60 percent within a decade. Apr 24, 2023 Bobby Kogan
Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio ReportMarch 27, 2023 Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio Without the Bush and Trump tax cuts, debt as a percentage of the economy would be declining permanently. Mar 27, 2023 Bobby Kogan
Congress Must Raise the Debt Ceiling ArticleMarch 22, 2023 Congress Must Raise the Debt Ceiling Failure to increase the debt ceiling would have a catastrophic impact on the economy and federal programs. Mar 22, 2023 Jean Ross
Ten Defense Budget Questions Biden Must Answer In the NewsJanuary 23, 2023 Ten Defense Budget Questions Biden Must Answer Lawrence J. Korb discusses the 10 major questions that President Joe Biden should address in the fiscal year 2024 defense budget. Jan 23, 2023 The National Interest Lawrence J. Korb
The NLRB Protects Workers’ Right To Organize, Yet Remains Underfunded ReportDecember 5, 2022 The NLRB Protects Workers’ Right To Organize, Yet Remains Underfunded Under the Biden administration, the National Labor Relations Board is striving to protect workers' right to form a union and collectively bargain, but the agency remains underfunded and understaffed. Dec 5, 2022 Aurelia Glass
GOP Members of Congress Threaten Debt Limit Default To Cut Social Security and Medicare ArticleNovember 4, 2022 GOP Members of Congress Threaten Debt Limit Default To Cut Social Security and Medicare Several minority leaders in Congress indicate that holding the debt limit hostage to force program cuts in Social Security and Medicare is part of their 2023 playbook. Nov 4, 2022 Alan Cohen
The Case for Reducing Defense Spending In the NewsSeptember 9, 2022 The Case for Reducing Defense Spending Larry Korb argues that the Biden administration must reduce the U.S. defense budget without jeopardizing national security by canceling tactical nuclear weapons; retiring irrelevant and old Navy ships; and slowing the production of F-35 fighter jets. Sep 9, 2022 The National Interest Lawrence J. Korb
A Trillion-Dollar Defense Budget? ReportJuly 12, 2022 A Trillion-Dollar Defense Budget? The Biden administration and Congress face eight challenges in calculating the size and distribution of a defense budget that has reached a record size. Jul 12, 2022 Lawrence J. Korb, Kaveh Toofan
Budget Cuts Are To Blame for Tax-Filing Season Challenges ArticleMarch 1, 2022 Budget Cuts Are To Blame for Tax-Filing Season Challenges Congress must act now to improve customer service and close the tax gap. Mar 1, 2022 Jean Ross
The Biden Boom: Economic Recovery in 2021 ArticleJanuary 19, 2022 The Biden Boom: Economic Recovery in 2021 President Joe Biden took office one year ago amid one of the worst economies in generations, but the U.S. economy has since made tremendous progress toward recovery, and workers are benefiting. Jan 19, 2022 Seth Hanlon, Lily Roberts, Andres Vinelli, 2 More Rose Khattar, Nick Buffie
The Build Back Better Agenda Boosts Productivity and Long-Term Economic Growth in Numerous Ways ArticleSeptember 22, 2021 The Build Back Better Agenda Boosts Productivity and Long-Term Economic Growth in Numerous Ways A paper cited by critics of the Build Back Better agenda analyzes a different plan than what President Joe Biden has proposed and Congress is considering, and it ignores many positive effects of the actual plan. Sep 22, 2021 Rose Khattar, Nick Buffie
The Build Back Better Act Would Greatly Lower Families’ Child Care Costs ArticleSeptember 22, 2021 The Build Back Better Act Would Greatly Lower Families’ Child Care Costs The Build Back Better Act would ease a significant burden on middle-class families’ finances, lowering their child care costs by more than $100 per week in most states. Sep 22, 2021 Rasheed Malik
The House Ways and Means Build Back Better Bill Is a First Step Toward a Fairer Tax Code ArticleSeptember 20, 2021 The House Ways and Means Build Back Better Bill Is a First Step Toward a Fairer Tax Code The Ways and Means Committee’s tax reforms take important steps toward tax fairness; Congress should do more. Sep 20, 2021 Seth Hanlon
Bank Tax Reporting Is a Critical Component of Biden’s Build Back Better Agenda ArticleSeptember 14, 2021 Bank Tax Reporting Is a Critical Component of Biden’s Build Back Better Agenda Requiring more information from financial institutions will help catch and deter tax cheats while reducing audits of honest taxpayers. Sep 14, 2021 Seth Hanlon, Galen Hendricks
Congressional Republicans Must Not Play Political Games With the Debt Limit ArticleSeptember 13, 2021 Congressional Republicans Must Not Play Political Games With the Debt Limit Raising the debt limit merely allows the United States to make good on obligations it has already incurred, and defaulting on those obligations would be catastrophic. Sep 13, 2021 Seth Hanlon
Addressing Tax System Failings That Favor Billionaires and Corporations ReportSeptember 3, 2021 Addressing Tax System Failings That Favor Billionaires and Corporations Biden’s Build Back Better plan addresses key failings of the U.S. tax system that let the wealthy and corporations avoid paying their fair share; Congress can and should do even more. Sep 3, 2021 Seth Hanlon, Galen Hendricks
The American Families Plan Taxes Billionaires and Protects Family Farms and Businesses ReportAugust 30, 2021 The American Families Plan Taxes Billionaires and Protects Family Farms and Businesses President Joe Biden’s American Families Plan closes tax loopholes favoring the superrich while protecting family farmers and small-business owners upon passing a farm or family business to the next generation. Aug 30, 2021 Nick Buffie, Bob Lord
Inflation and Making Ends Meet: Increasing Real Household Incomes ArticleAugust 3, 2021 Inflation and Making Ends Meet: Increasing Real Household Incomes A temporary bump in inflation limited to a few items obscures the fact that policies such as the Bipartisan Infrastructure Framework (BIF) and the $3.5 trillion budget resolution would boost incomes for Americans. Aug 3, 2021 Andres Vinelli, Christian E. Weller
A Pathway to Citizenship and Economic Growth Through Budget Reconciliation ArticleJuly 1, 2021 A Pathway to Citizenship and Economic Growth Through Budget Reconciliation A pathway to citizenship for undocumented immigrants benefits the U.S. economy as a whole—and it can be done through the budget reconciliation process. Jul 1, 2021 Philip E. Wolgin
Building Infrastructure That Supports Opportunity, Equity, and Sustainability ReportJune 28, 2021 Building Infrastructure That Supports Opportunity, Equity, and Sustainability Generating a robust economic recovery that facilitates inclusive prosperity, redresses past harms, and advances national climate goals will require reforming federal infrastructure programs, which were not originally designed to meet these objectives. Jun 28, 2021 Kevin DeGood
Congress Can’t Miss This Chance To Close the Biggest Tax Loophole for the Ultrawealthy ArticleJune 23, 2021 Congress Can’t Miss This Chance To Close the Biggest Tax Loophole for the Ultrawealthy ProPublica revealed that billionaires are paying virtually no tax. Congress can address the problem by adopting President Biden’s proposals on capital gains and stepped-up basis. Jun 23, 2021 Seth Hanlon, Galen Hendricks
The Challenges Facing the Department of Veterans Affairs in 2021 ReportMay 17, 2021 The Challenges Facing the Department of Veterans Affairs in 2021 Denis McDonough, the new secretary of Veterans Affairs, must work to address his department’s many challenges while supporting the veterans who return from war. May 17, 2021 Lawrence J. Korb, Kaveh Toofan
Better Tax Enforcement Can Advance Fairness and Raise More Than $1 Trillion of Revenue ReportApril 19, 2021 Better Tax Enforcement Can Advance Fairness and Raise More Than $1 Trillion of Revenue Congress should help pay for national investments by making the wealthy and corporations pay the taxes they already owe. Apr 19, 2021 Galen Hendricks, Seth Hanlon
Reversing a Decade of Domestic Disinvestment ArticleMarch 30, 2021 Reversing a Decade of Domestic Disinvestment President Biden’s FY 2022 budget request must address years of cuts and underinvestment in critical government functions. Mar 30, 2021 Seth Hanlon, Lorena Roque
4 Ways Trump’s Tax Bill Left Behind the Latino Community ArticleOctober 29, 2020 4 Ways Trump’s Tax Bill Left Behind the Latino Community The Trump administration’s tax bill increased inequality and cut taxes for the wealthy, while leaving Latinos, regardless of income, behind. Oct 29, 2020 Galen Hendricks, Ryan Zamarripa
Capital Gains Tax Preference Should Be Ended, Not Expanded ReportSeptember 28, 2020 Capital Gains Tax Preference Should Be Ended, Not Expanded Congress should close—not expand—capital gains loopholes and tax income from wealth the same as income from work. Sep 28, 2020 Galen Hendricks, Seth Hanlon
Foreign Investors Were Big Winners From Trump’s Tax Law ArticleSeptember 2, 2020 Foreign Investors Were Big Winners From Trump’s Tax Law The 2017 tax law gave bigger tax cuts to foreign investors than middle- and working-class Americans in all of the states Trump carried in 2016. Sep 2, 2020 Seth Hanlon
White Elephant Watch: Vol. 7 ReportAugust 12, 2020 White Elephant Watch: Vol. 7 The Portsmouth Bypass represents a broken and deeply cost-ineffective theory of economic development that assumes reducing vehicle travel time—rather than investing in people and places facing economic distress—will unlock economic development. Aug 12, 2020 Kevin DeGood
IRS Budget Cuts Let Wealthy Tax Cheats Get Away With It ArticleAugust 6, 2020 IRS Budget Cuts Let Wealthy Tax Cheats Get Away With It New reports illustrate the toll that IRS budget cuts have taken on tax enforcement. Aug 6, 2020 Galen Hendricks, Seth Hanlon
Tackling Climate Change and Environmental Injustice IssueNovember 1, 2021 Tackling Climate Change and Environmental Injustice We pursue climate action that meets the crisis’s urgency, creates good-quality jobs, benefits disadvantaged communities, and restores U.S. credibility on the global stage.
Restoring Social Trust in Democracy IssueNovember 1, 2021 Restoring Social Trust in Democracy Democracy is under attack at home and abroad. We must act to ensure it is accessible to all, accountable, and can serve as a force of good.
Building an Economy for All IssueNovember 1, 2021 Building an Economy for All Economic growth must be built on the foundation of a strong and secure middle class so that all Americans benefit from growth.
Advancing Racial Equity and Justice IssueNovember 1, 2021 Advancing Racial Equity and Justice We apply a racial equity lens in developing and advancing policies that aim to root out entrenched systemic racism to ensure everyone has an opportunity to thrive.