Will Allowing Medicare to Negotiate Prices of Prescription Drugs Result in Cost Savings?
The price of prescription drugs in the United States is high and rising, with costly consequences both for consumers and for the federal balance sheet.
Read MoreShould We Lower the Medicare Eligibility Age to 60?
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 MoreThe Federal Reserve Will Begin Reducing Its Holdings of Treasury Notes and Bonds
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 MoreFive Charts about the Future of Social Security and Medicare
The Social Security and Medicare Trustees released their annual reports, which show that these vital programs are on an unsustainable path.
Read MoreWhy Did the Federal Government Get Involved in Student Loans?
Skyrocketing student debt has generated significant discussion about ways to improve the financing of higher education in the United States.
Read MoreDo Higher Interest Rates Make a Debt Crisis More Likely?
The likelihood of a return to higher interest rates is “both reasonably likely at some point and potentially calamitous for the federal government and broader economy.”
Read MoreHow Do Federal Student Loans Affect the National Debt?
Student debt held has been steadily increasing ever since the federal government switched to direct lending.
Read MoreHow Have Prescription Drug Prices Changed Over Time?
In the coming years, it will be important for policymakers to look for ways to ensure that life-saving and life-improving medications are affordable and available for Americans, and at the same time, ease pressure on our unsustainable fiscal outlook.
Read MoreWho Benefits More from Tax Breaks — High or Low-Income Earners?
The benefits from tax breaks do not flow equally to households of different income levels.
Read MorePresident Biden’s Budget Reduces Deficits, but Debt Would Remain High
In an important acknowledgement of our nation’s unsustainable fiscal outlook, the President’s budget for fiscal year 2023 proposes to reduce deficits by $1 trillion over the next decade relative to current law.
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