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Hoping to inspire a fiscal “wake-up call” in the new session of Congress, Representatives Jim Renacci (R-OH), Derek Kilmer (D-WA), and 40 other original co-sponsors introduced the “Fiscal State of the Nation Resolution.”
While accepting the Republican nomination for president, Donald Trump said, "President Obama has almost doubled our national debt to more than $19 trillion, and growing."While the statistic is true (the debt has either nearly, fully, or more than doubled since Obama's first inauguration, depending on the measure of debt), it is a vast overstatement to place the entire blame on Obama; rather, it's complicated.
Gorsuch’s views on abortion are not well defined. In fact, one pro-life activist accused him of not being pro-life enough.
In the age of Trump, America’s biggest foreign creditors are suddenly having second thoughts about financing the U.S. government.
The idea that boosting the minimum wage can help low-wage workers is not a new idea. The Fight for $15 movement, for example, has steadily gained momentum over the last four years. Several cities and states are set to phase in an increase to a $15 minimum wage over the next few years.But there are very good reasons to carefully consider how a jump in the minimum wage could negatively impact the very workers the measure aims to help.
House Republican leaders mapped out their proposal for how Obamacare will be repealed and replaced in a closed-door meeting last week, outlining plans for Medicaid reforms and refundable tax credits for Americans.
As President Donald Trump begins his term, he faces perhaps the most daunting fiscal situation of any incoming president. President Trump enters office with high levels of debt, rising deficits, major trust funds facing shortfalls, and no agreement on how to address these challenges. In this paper, we show that:
