www.momentoftruthproject.org We must not let that opportunity pass. This country does not have a lot of time to act if it is to avert fiscal calamity.
In its final report, “The Moment of Truth,” the President’s bipartisan National Commission on Fiscal Responsibility and Reform (“Fiscal Commission”) declared that the era of deficit denial is over. The debt crisis in Europe, the sobering election results, and the work of the Fiscal Commission have transformed the debate from a question of if we will reduce long-term deficits, to a matter of when a
12/12/2020
We are pleased to host with a special virtual screening next week of the award-winning documentary We are Unrepresented. An online discussion will follow featuring a distinguished panel with Lawrence Lessig, Maya MacGuineas of the Committee For a Responsible Federal Budget, Kahlil Byrd of Invest America Fund, and the film's producer, Andrew Rodney. RSVP now at https://secure.everyaction.com/Hg_4uL23VEaRbUyaKgeyQQ2.
12/10/2020
NEW: We compared the economic impact of the two relief proposals being considered http://www.crfb.org/blogs/could-covid-relief-deal-close-output-gap.
12/10/2020
Millions of Americans still rely on pandemic benefits set to expire this month Congress' negotiation over a $908 billion coronavirus stimulus package is coming perilously close to the expiration of benefits they still rely on.
12/10/2020
As policymakers negotiate additional aid, our newly updated shows that $2.45 trillion in relief via legislation has been committed or disbursed to date, up from $2.44 trillion last week. That represents over 60% of the $4.07 trillion in total support Congress has allowed so far. See the wealth of data available in our interactive tool https://www.covidmoneytracker.org/.
10/23/2020
The last of is tonight at 9 pm ET. The candidates have not yet been asked how they will address an unsustainable budget outlook when the current crisis is over https://www.washingtonexaminer.com/opinion/trump-and-biden-must-answer-critical-budget-questions.
10/22/2020
The final of is tonight. Here's a question the candidates should be asked, via https://www.washingtonexaminer.com/opinion/trump-and-biden-must-answer-critical-budget-questions.
10/22/2020
Factchecking Tax Claims in the 2020 Election In recent days, President Trump and former Vice President Joe Biden have made several competing claims about the other's tax agenda. We summarize and explain three recent claims. Trump: Joe Biden wants to raise taxes on all Americans. Largely False Trump: Joe Biden would have the largest tax increas...
10/22/2020
Problem Solvers Release Budget Principles Earlier this week, the Congressional Problem Solvers Caucus, a bipartisan group of pragmatic representatives led by Reps. Josh Gottheimer (D-NJ) and Tom Reed (R-NY), released a list of budget principles for addressing the national debt once we emerge from the current COVID-19 crisis. The Committee f...
10/20/2020
Check out our newly updated . It shows $2.4 trillion has been committed or disbursed from legislation to date. Much of the newest spending comes from the Pandemic Unemployment Emergency Compensation program https://www.covidmoneytracker.org/.
10/19/2020
The federal budget deficit was a record $3.1 trillion in FY 2020, which pushed national debt to $21.0 trillion – exceeding the size of the economy at roughly 102 percent of GDP http://www.crfb.org/press-releases/treasury-shows-record-borrowing.
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