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U.S. Population Growth Is Slowing Down — Here’s What That Means for the Federal Budget
Understanding how demographic challenges contribute to the United States’ fiscal challenges can help policymakers adopt fiscally sustainable policies.
Can a Rescissions Package Help Lawmakers Formalize DOGE Cuts?
There has recently been significant discussion surrounding spending cuts proposed by the Department of Government Efficiency (DOGE), including questions about how and whether cuts identified…
Full Array of Republican Tax Cuts Could Add $9 Trillion to the National Debt
Fully extending the TCJA would cost approximately $5.0 trillion, while other elements of the Republican tax agenda also have large price tags over ten years.
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U.S. Population Growth Is Slowing Down — Here’s What That Means for the Federal Budget
Understanding how demographic challenges contribute to the United States’ fiscal challenges can help policymakers adopt fiscally sustainable policies.
Can a Rescissions Package Help Lawmakers Formalize DOGE Cuts?
There has recently been significant discussion surrounding spending cuts proposed by the Department of Government Efficiency (DOGE), including questions about how and whether cuts identified by DOGE can translate into deficit reduction. Additionally, there have been questions raised about the role of DOGE with respect to the legislative branch’s “power of the purse.“ Given the…
Full Array of Republican Tax Cuts Could Add $9 Trillion to the National Debt
Fully extending the TCJA would cost approximately $5.0 trillion, while other elements of the Republican tax agenda also have large price tags over ten years.
Long-Term Budget Outlook Leaves No Room for Costly Legislation
As lawmakers consider costly legislation to extend expiring tax provisions this year, CBO’s latest projections serve as a warning that our fiscal outlook is already dangerously unsustainable.
Moody’s Warns Recent Policy Decisions Worsen U.S. Fiscal State, Maintains Negative Outlook Rating
Moody’s says that the United States is in fiscal deterioration, warning that government policy decisions in the near term could contribute to higher interest rates and worsening national debt.
What Is a Continuing Resolution?
A continuing resolution is a temporary funding measure that Congress can use to fund the federal government for a limited amount of time.
Continuing Resolutions Are Stopgap Measures — But Now We Average Five a Year
While continuing resolutions can help avoid government shutdowns, they should be rarely used. However, CRs have become the norm.