Report
Biden Budget Provides Good Starting Point for Fiscal Year 2022 Appropriations Bills
The Biden budget departs sharply from the last decade of austerity.
Federal Budget
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Puerto Rico Fiscal Policy
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Policy Basics
The budget details what the federal government will spend on particular programs and how it will finance that spending.
We analyze the President’s annual budget proposal and major congressional budget plans, focusing especially on programs for low- and moderate-income families. We also examine long-term budget challenges and promote measures to improve fiscal responsibility in an equitable way.
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Failing to Suspend or Raise Debt Limit Would Have Wide-Ranging Effects
Were the nation to default on its legal obligations for the first time — which will occur if lawmakers don’t raise or suspend the debt limit in the coming days — that would have...
Congress Must Suspend or Raise the Debt Limit
Protecting the full faith and credit of the U.S. government by suspending or raising the debt limit should not be a partisan...
Parrott: House “Build Back Better” Legislation Would Advance Economic Justice and Racial Equity
The “Build Back Better” legislation approved by House committees includes groundbreaking investments to address problems that have plagued our nation for...
Proposed Targeted Housing Voucher Expansion Is Critical to Housing Stability for People With Greatest Barriers
Congress should enact the historic investments in rental assistance for people with the lowest incomes that the House Financial Services Committee advanced as part of the economic recovery package....
Policymakers Can Expand SSI to Cut Poverty for Seniors and People With Disabilities
As policymakers consider economic recovery legislation, they should seize the opportunity to expand and simplify the Supplemental Security Income (SSI) program, as we have recommended. The House...
Recovery Legislation’s Housing Voucher Investments Would Make Major Progress in Cutting Homelessness, Housing Instability
Legislative language the House Financial Services Committee released yesterday as part of the economic recovery package includes historic investments in key affordable housing programs, among...
Economic Recovery Package Includes Nation’s First Comprehensive Paid Family and Medical Leave Program
The House Ways and Means Committee has released an ambitious plan to address major gaps in the nation’s caregiving infrastructure by creating a permanent, broad-based, comprehensive, and...
Congress Has Rare Opportunity to Address Housing Affordability and Homelessness Crisis
Congress should act now, through the Build Back Better Act, to make historic improvements in housing assistance for people experiencing the greatest hardships. The current system of housing...
Evaluating BBB Requires Considering Sound Fiscal Metrics and Merits of Investments
The debate so far has been overly focused on a single...