On March 11, President Biden transmitted to Congress his proposed budget for FY 2025. Although a Republican-controlled House means the Biden budget has little chance of enactment without significant modification, it represents an important starting point for negotiations and is an opportunity to initiate a national dialogue on our policy priorities: what do we want […]| The Concord Coalition
Download the pdf: History and Future of the Social Security Trust Fund_ Part III Read Part I Read Part II Introduction Part III of this issue brief series examines how the Social Security trust fund controversy evolved following the 1983 amendments; explains why the public is understandably […]| The Concord Coalition
Part one of a four-part series on US federal tax policy.| adamnmichel.substack.com
Since the 2007 financial crisis, the US has borrowed significantly more than Europe to fund higher public spending, which has contributed to faster economic growth in the US. But what about the future? Will the US continue to outpace Europe in borrowing?| Rangvid’s Blog
Background Congress will need to increase the debt limit as early as June 2025, and before the 2025 August recess at the latest. The Fiscal Responsibility Act suspends the debt limit through January 1, 2025. The new statutory debt limit will be set automatically, after that suspension expires, at the amount of debt accumulated until...| EPIC for America
On tax policy, Harris carries forward much of President Biden’s FY 2025 budget, including higher taxes aimed at businesses and high earners. She would also further expand the child tax credit (CTC) and various other tax credits and incentives while exempting tips from income tax.| Tax Foundation
The re-run of an old movie on steroids| stephenroach.substack.com
