President Biden and House Way & Means Committee Democrats have proposed increasing the earned income tax credit (EITC) for workers without children at home –...
Congressional Republicans and some Democrats are urging lawmakers to better target President Biden’s $1.9 trillion plan for new pandemic relief. And they are right: It...
It was fascinating to watch Treasury-secretary designate Janet Yellen and several Republican members of the Senate Finance Committee dance their delicate deficit dance at Yellen’s...
Largely as a consequence of the pandemic, trillions of dollars have been flowing out of the Treasury’s coffers. The Congressional Budget Office (CBO) projects the...
President-elect Joe Biden proposed a new $1.9 trillion pandemic relief plan last night that would substantially cut taxes for low- and moderate-income households, especially those...
With improbable Democratic wins in both Georgia Senate runoff elections, President-elect Joe Biden has an opportunity to govern with a congressional majority—though one that will...
For decades, conventional wisdom said that high levels of federal debt created a significant drag on the economy by diverting money that could more productively...
