What Are the Costs of Permanently Expanding the CTC and the EITC?
The American Rescue Plan included a one-year expansion of the Child Tax Credit and the Earned Income Tax Credit. What are the costs and benefits of making that permanent?
Read MoreHealthcare Spending Reaches a Record High
The rise in healthcare spending was largely driven by the federal response to the COVID-19 pandemic.
Read MoreThe U.S. Economy Grew at Its Fastest Rate Since 1984
The strong rebound in 2021 was partially due to the high economic growth experienced in the fourth quarter.
Read MoreSpending 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.
Read MoreTop Economists Weigh in on Rising Inflation, Growing Debt, and America’s Economic Future
Two experts shed light on rising inflation, new COVID variants, growing national debt, and an uncertain economic recovery, for the Peterson Foundation Economic Forum.
Read MoreThe American Rescue Plan Is Projected to Boost the Economy by 73¢ for Every Dollar Spent
Although the American Rescue Plan’s costliest measures are expected to boost the economy, they may not provide the most bang for the buck, according to CBO.
Read MoreInfographic: What Is in the Build Back Better Act?
The legislation includes support for families and lower-income households, funding for climate change, infrastructure and healthcare, and a range of other social investments and tax policy. The new spending is mostly, but not fully, offset by other savings in the bill.
Read More“Build Back Better” is Mostly Paid For — But Uses Budget Gimmicks
If enacted, the legislation would provide benefits for many lower-income households and take steps to address climate change and other social investments.
Read MoreBipartisan Infrastructure Bill Less than 40 Percent Paid For
Despite lawmakers’ claims, analysts anticipate that a large portion of the spending called for by the infrastructure package will need to be deficit financed.
Read MoreLeading Economists: The Economy Bounced Back Fast, But Major Questions Remain
Amid a complicated economic and fiscal environment, two top economists joined a panel discussion as part of the Peterson Foundation Economic Forum.
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