Blogs

During the recent presidential debate, former president Donald Trump said the Biden Administration was destroying Social Security and Medicare by allowing millions of people to pour into our country and collect benefits. It’s true millions of people pour into the…

A majority of young Americans do not believe the country is headed in the right direction, and more than a quarter identify economic factors  like inflation as their primary concern about our future. [1] Millennials (born 1981 to 1996) are…

A new analysis by the Congressional Budget Office (CBO) suggests that if history is any guide, our nation’s debt could become far more burdensome over the next 30 years than projected under current law. That’s an alarming prospect because the…

The latest Social Security and Medicare Trustees’ reports released earlier this week appear to contain a modicum of good news. The trust fund exhaustion dates have been delayed a year for Social Security (2035 instead of 2034) and five years…

The Government Accountability Office (GAO), the federal government’s chief auditor and financial watchdog, published a new report detailing a first-ever estimate of government-wide fraud. According to GAO, between fiscal years 2018 and 2022 (inclusive), the federal government experienced direct financial…

Last week, Congress enacted the remaining six annual discretionary appropriations bills for FY 2024, finally concluding the “regular” appropriations cycle for the current year (which is already 6 months underway). Combined, this second 6-bill “minibus” (H.R.2882, The Further Consolidated Appropriations…

Appropriations for FY 2024 may still be unfinished, but time and the Congressional Budget Office (CBO) wait for no one. Despite little observable progress on the 12 appropriations bills to fund the government for the current fiscal year, CBO kicked…

While appropriators haggled this week over how to fund the government before the next set of deadlines, the two chairmen of the tax writing committees in the House and Senate: Senator Ron Wyden (D-OR), Chairman of the Senate Finance Committee,…