This week the Senate Budget Committee is expected to markup a Congressional Budget Resolution for Fiscal Years 2025 through 2034. The Chairman’s mark to be considered by the Committee includes the recommended levels of spending, revenue, deficits, and debt over…
The National Center for Health Statistics recently released the latest data (2022-2023) from the National Survey of Family Growth (NSFG). This survey collects health and family-related information, including data on actual previous births and expected future births. The latest survey…
Last month during its post-election “lame duck” session, Congress passed the Social Security Fairness Act (H.R.82) that repealed the GPO and WEP. These two provisions reduced or eliminated the Social Security benefits of workers who receive a pension from a…
It’s January 2025 and under the terms of the June 2023 budget deal, the United States government is once again subject to a limit (roughly $36 trillion) on how much it can borrow. That might strike a lot of people…
Economist Mancur Olson once observed, “Where small groups with common interests are concerned, then, there is a systematic tendency for ‘exploitation’ of the great by the small!” Olson’s observation was originally applied to the provision of public goods. But his…
Next week, the House of Representatives is expected to vote on a bill to increase Social Security benefits for the small percentage of workers who receive pensions from jobs not covered by Social Security. This legislation, which is projected to…
Last week, the Congressional Budget Office (CBO), released a report on the distribution of household wealth. Unlike previous reports, this report includes Social Security, which substantially changes both the distribution and the amount of wealth. According to CBO, total household…
