WASHINGTON DC (October 28, 2019) — Proposals to adopt single-payer health-care in the United States have grown in popularity in recent years, as numerous lawmakers and presidential candidates have embraced Medicare for All. However, few have grappled with how to finance the new costs imposed on the federal government. By most estimates, Medicare for All would cost the federal government about $30 trillion over the next decade.

WASHINGTON DC (October 23, 2019) — The Senate is voting this afternoon to reopen state workarounds on the limits on the State and Local Tax (SALT) deduction by disapproving of IRS regulations that prevent relabeling state tax payments as charitable contributions to make them fully deductible. This step would significantly weaken the cap on the SALT deduction.

WASHINGTON DC (October 1, 2019) — Democratic presidential candidate Senator Kamala Harris (D-CA) has called for giving a $3,000 per person ($6,000 per couple) refundable tax-credit for most middle- and working-class Americans through her 

The national debt currently is the highest it has been as a share of the economy since just after World War II, and it is rising rapidly. This high and rising debt is ultimately unsustainable, and could have severe adverse consequences, including slower income-growth, a weakened ability to respond to the next recession or emergency, a larger burden on future generations, and heightened risk of a fiscal crisis.