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Fiscal Advice for President-Elect Trump and Congress

Now that the hard-fought election is over, lawmakers face a series of pressing fiscal and budgetary issues in the New Year.

What’s in Biden’s Infrastructure Plan and How He Proposes Paying for It

The nearly $2.6 trillion American Jobs Plan aims to address transportation and other infrastructure issues as well as climate change, caregiving, and housing.

What Is Fiscal Policy? Interactive Teaching Tools

Many Americans, young and old, may be confused by the complex set of issues that comprise how the government raises revenues and allocates them.

Spending on Unemployment Insurance is Returning to Pre-Pandemic Levels

Federal outlays for Unemployment Insurance are rapidly returning to previous levels. Nevertheless, unemployment remains higher than pre-pandemic levels.

The Share of Americans Without Health Insurance in 2023 Remained Low

In 2023, 26 million people were uninsured. While that represents a significant portion of the population, the uninsured rate remained at one of its lowest levels in history.

Analysis: The President’s FY 2018 Budget

The President’s budget has a worthy goal of deficit reduction. However the economic assumptions underlying the president’s budget are optimistic.

Deficits Much Larger Than Projected Just Three Months Ago

CBO projects that the deficit for 2019 will be $960 billion. That’s $63 billion (or 7 percent) above its estimate from just three months ago.

Economic Growth in Early 2019 Was Stronger than Expected

Growth over the next few years is expected to slow as the recent fiscal stimulus wanes.

Economic Growth Slowed Significantly in Second Quarter

While growth in 2019 has exceeded expectations so far, many economists expect growth to remain lower in 2019 than in 2018.

How Much Government Spending Goes to Children?

Interest costs on the national debt are expected to rapidly outstrip spending on children in coming years.