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
The Senate Budget Committee will consider this week a 2018 budget resolution that will facilitate $1.5 trillion of deficit-increasing tax cuts, likely benefiting those who are most well-off. Read more
Given the size of the student aid cuts in the House Budget Committee’s 2018 budget resolution, one wonders if the House GOP thinks college is too affordable. Read more
For 45 years, the federal Pell Grant program has been the cornerstone of financial assistance for students from low- and moderate-income families, helping millions go ... Read more