Last week the National Center for Health Statistics (NCHS) released provisional birth data for 2020.(1) Most of the media coverage focused on the fact that the number of births (3.6 million) was the lowest since 1979, and the general fertility…
President Biden’s $2.3 trillion American Jobs Plan is noteworthy for two things. First, it greatly expands the definition of “infrastructure,” and second, it’s eight years of proposed spending is designed to be paid for with increased corporate taxes over 15…
After enactment of the $1.9 trillion American Rescue Plan Act and the unveiling this week of the roughly $2 trillion American Jobs Plan, it is easy to forget that President Biden hasn’t actually put out a budget. In fact we’re…
The annual economic projections of the Congressional Budget Office (CBO) underpin the agency’s budget estimates. In a normal year, the new economic projections are released as part of the January budget baseline, and while budget updates are issued at various…