Yes, the economy may well enjoy a sugar-high the next couple of years, as borrowing stimulates near-term consumption. But a sugar-high won’t be sustained, it will do real damage, and often what comes ...

The House is set to consider the Senate-passed reconciliation bill. Below we outline 15 major problems with the Senate-passed ...

The Senate has passed its version of the Fiscal Year (FY) 2025 reconciliation bill – the. The table below is a comprehensive tally of each provision included in the Senate bill, along with a deficit ...

The Senate passed its budget reconciliation bill, the One Big Beautiful Bill Act (OBBBA), which would add over $4 trillion to the national debt through 2034 – $1 trillion more than the House-pa ...

The Senate bill includes $4.5 trillion of net tax cuts, $1.4 trillion of gross spending cuts, and $0.3 trillion of gross ...

We estimate the Senate’s direct SALT relief is roughly 10 percent larger than the House, and the combined SALT relief and ...

The bill does not include any significant direct changes to Social Security and Medicare, since the reconciliation Byrd rule ...

In addition to adding an extra $1.1 trillion to the national debt above the House bill to a total of over $4.1 trillion, the Senate-passed One Big Beautiful Bill Act (OBBBA) added a massive but ...

Note: the Joint Committee on Taxation (JCT) has put together a current law score of the Senate Finance Committee tax ...

The Congressional Budget Office (CBO) just published their “current policy” score of the Senate reconciliation bill, showing the bill would add a ...

Although we have not produced a full estimate of the bill, it appears to add roughly $4 trillion to the debt through 2034, including interest – which is roughly $1 trillion higher than the ...

The White House Council of Economic Advisers (CEA) released a report today claiming the Senate’s proposed version of the One ...