FISCAL BLOG

Monthly Archive for June 2022

Last year, lawmakers in the House introduced the Improving Medicare Coverage Act in an effort to make healthcare more affordable for older Americans by lowering the age of eligibility for Medicare from 65 to 60.

Read More

The legislative response to COVID-19 has been an essential part of supporting Americans and the economy through the crisis. However, states are now navigating how to avoid a budget shortfall (sometimes referred to as a “fiscal cliff”) once federal aid wanes.

Read More

The Fed recently announced it will begin reducing the size of its balance sheet this month to combat high inflation and a tight labor market.

Read More

At the end of May, the nonpartisan Congressional Budget Office (CBO) released new projections of the nation’s fiscal and economic outlook, their first report since July 2021.

Read More

Proposals such as a regulatory restructuring of repayment plans and cancellation of student debt through personal bankruptcy or other means have been offered as reforms to address the growing student debt burden.

Read More

Unlike the federal government, which currently records $30 trillion in debt, most state governments have balanced budget requirements (BBRs) for their operating budgets which only permit borrowing for certain capital projects.

Read More

Student debt is one of the biggest challenges young people will face as they prepare to enter adulthood, and is often their first encounter with debt.

Read More

The Social Security and Medicare Trustees released their annual reports, which show that these vital programs are on an unsustainable path.

Read More

Skyrocketing student debt has generated significant discussion about ways to improve the financing of higher education in the United States.

Read More

Solutions Initiative 2024

Seven think tanks from across the ideological spectrum all agree that we are on an unsustainable fiscal path, and we need to change course.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.