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The administration and Congress have suggested adding new sources of revenue through various types of taxation of wealth.
https://www.pgpf.org/blog/2021/05/five-different-ways-of-raising-taxes-on-the-wealthiest-americans
While investing in a college education has undeniable, lifelong economic benefits, excessive levels of student debt can impose hefty financial burdens on borrowers.
https://www.pgpf.org/blog/2021/05/10-key-facts-about-student-debt-in-the-united-states
Last week, President Biden outlined the details of the American Families Plan (AFP), a $1.8 trillion package including major new investments in education, childcare, healthcare, and family leave.
https://www.pgpf.org/blog/2021/05/whats-in-the-american-families-plan
Economists don’t always agree — but there is a wide consensus developing that the United States is in store for rapid economic growth.
Beginning in mid-March 2020, the Federal Reserve initiated an aggressive policy of quantitative easing — which involves the purchase of government securities, corporate bonds, and other financial instruments — with the aim of keeping interest rates low and injecting cash into the economy.
The continued economic recovery and reopening of businesses has been fueled by COVID relief programs and an accelerating vaccination effort.
https://www.pgpf.org/blog/2021/04/the-economy-is-getting-close-to-its-pre-pandemic-level
The coronavirus (COVID-19) pandemic has caused federal spending on Medicaid to rise sharply as millions of Americans seek benefits under the program.
https://www.pgpf.org/blog/2021/04/spending-on-medicaid-spiked-due-to-the-coronavirus-pandemic
Compared to historical trends and other advanced economies, corporate tax revenues in the United States are very low.
Despite the consensus among economists that some amount of inflation is likely to occur in the near term, their level of concern varies.
Even before the COVID-19 pandemic, 1 in 7 children were classified as being in poverty.
https://www.pgpf.org/blog/2021/04/what-are-the-economic-costs-of-child-poverty