Unless Congress and the President reach a new budget agreement, both non-defense and defense discretionary program areas will face deep cuts in 2020 and 2021. Read more
Today’s new legislation from Senator Bernie Sanders and Rep. Ro Khanna, which requires firms with 500 or more employees to make federal tax payments equal ... Read more
Note: This analysis addresses a previously leaked draft version of the proposed “public charge” rule. It does not address the proposed rule that was made ... Read more
The trigger mechanism is deeply flawed and cannot undo the harmful fiscal impact of the bill’s unfinanced tax cuts. Policymakers in 2022 would be highly unlikely to let triggered tax increases take effect. Read more
With the House adopting the Senate-passed budget resolution today, Congress has now set in motion a fast-track process to facilitate costly, ill-conceived tax cuts that ... Read more
By increasing deficits and debt, the tax cuts would intensify pressure, likely in the next several years, for steep budget cuts in programs that help low- and middle-income families. Read more
