By Bob Bixby, Host, Facing the Future Click here to listen to the episode now This week on Facing the Future we talked with Alex Durante, senior economist at the Tax Foundation and co-author of a running update called “Trump…
By Bob Bixby, Host, Facing the Future Click here to listen to the episode now This week on Facing the Future, Jessica Riedl, a Senior Fellow at the Manhattan Institute, joined me to discuss her list of the top 10…
Key Points: Tariff revenue to pay down debt might be appealing on paper, but uncertainty about the amount that would be raised and the duration of the tariffs should temper expectations. Further, economic analysts across the political spectrum have raised…
This week, our Concord team experienced Washington at its most inspiring — and its most exasperating. It began Wednesday afternoon with a meeting in the office of Rep. Eli Crane (R-AZ), where we introduced Concord’s interactive federal budget exercise —…
This week the Senate Budget Committee released a plan that would add nearly $6 trillion to the national debt and simply ignore the roughly $4 trillion cost of extending several expiring tax cuts because they are “current policy,” while tacking…
Key Points Since the $36.1 trillion debt ceiling kicked back in on January 2nd of this year, the Treasury Department has been using accounting transactions known as “extraordinary measures” to temporarily continue borrowing without exceeding the limit. The date these…
Key Points: Analysis from the CBO shows extending key provisions of the TCJA without offsets would increase the national debt from 99% of GDP to as high as 250% in 30 years, depending on interest rates. The Penn Wharton Budget…
Key Points New report from The Budget Lab at Yale explores how higher deficits impact inflation and interest rates. The permanent deficit increase that the report uses as its hypothetical is roughly the same size as the increase that would…
Key Points Social Security trust funds are projected to become insolvent in 2035. Unless Congress acts, this will trigger benefit cuts of roughly 17 percent. President Trump and Elon Musk have repeatedly claimed that improper benefit payments to dead people…
In response to a newspaper report that he was either gravely ill or dead, American author and humorist Mark Twain famously said, “Reports of my death are greatly exaggerated.” Although Mark Twain is undeniably dead, along with every other American…
Elon Musk made headlines this week when he revealed the Social Security Administration (SSA) failed to record the deaths of millions of people over the age of 100 and suggested vampires might be real and a lot of them were…
