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Democratic leaders this week for the first time revealed specific details for how they intend to pay for, or offset, the approximately $3.5 trillion of spending in their reconciliation bill.
https://www.pgpf.org/blog/2021/09/heres-how-democrats-would-pay-for-their-new-spending-proposals
Many Americans, young and old, may be confused by the complex set of issues that comprise how the government raises revenues and allocates them.
https://www.pgpf.org/blog/2021/09/what-is-fiscal-policy-interactive-teaching-tools
Components of a large legislative package — that could carry a price tag of as much as $3.5 trillion — is now being debated in the House of Representatives.
https://www.pgpf.org/blog/2021/09/whats-the-price-tag-on-reconciliation-and-will-it-be-paid-for
A continuing resolution is a temporary funding measure that Congress can use to fund the federal government for a limited amount of time.
https://www.pgpf.org/blog/2021/09/what-is-a-continuing-resolution
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.
https://www.pgpf.org/blog/2021/09/how-does-student-debt-affect-the-economy
There were 235,000 jobs added in August, lower than expected by economists. However, the unemployment rate remains high, especially for non-white workers. Get the facts here.
https://www.pgpf.org/blog/2021/09/the-labor-market-recovery-slowed-in-august
Over the next 10 years, the cumulative deficit would total $13.9 trillion if the President’s policies were carried out.
https://www.pgpf.org/blog/2021/09/deficits-will-remain-over-1-trillion-for-the-next-decade
Despite lawmakers’ claims, analysts anticipate that a large portion of the spending called for by the infrastructure package will need to be deficit financed.
https://www.pgpf.org/blog/2021/08/bipartisan-infrastructure-bill-less-than-40-percent-paid-for
The outbreak of COVID-19 has been both a public health and an economic crisis. In particular, the closure of many businesses has resulted in an unprecedented surge in unemployment claims in the United States.
Infrastructure investment has important impacts on the economy, and this piece examines the economic effects that could be expected from the bipartisan physical infrastructure plan that is currently being debated.