The economy is in the 124th month of the longest expansion on record, and while expansions don’t die from old age alone, fears are rising ... Read more
Two recently introduced bills allowing workers to trade part of their future Social Security retirement benefits for parental leave benefits after the birth or adoption of a child would undercut Social Security’s benefits and structure. Read more
PAYGO’s History and Impact on Fiscal Discipline Congress and the President first established a PAYGO law in 1990 as part of a bipartisan budget summit ... Read more
The budget deal’s boost in non-defense discretionary (NDD) funding will only maintain NDD at about its 2019 level for the next two years, after adjusting ... Read more
The deal eliminates the threats both of an unprecedented U.S. government default on its debt obligations and of deep, damaging budget cuts that would have been triggered under the Budget Control Act. Read more
Policymakers should reach agreement on lifting the annual caps on total defense and non-defense funding before they leave for their August recess, so they can ... Read more
Both defense and NDD funding would be above 2019 levels, with NDD programs receiving the larger boost, but these increases cannot become law without a bipartisan agreement to amend the BCA by raising the caps. Read more
The nation has large, pressing infrastructure needs, which are often felt most acutely in low-income communities due to decades of policy choices and lack of public and private investment. Read more
At first blush, universal basic income (UBI) seems a very attractive idea, especially to a progressive. Yet it suffers from two serious problems. Read more