The U.S. fiscal outlook is currently unsustainable. A new fiscal commission can help policymakers work on a bipartisan basis to identify the necessary tax and spending changes to help improve the ...
A fiscal crisis – sometimes called a sovereign debt crisis – is a sharp economic shock or downturn caused or sparked by high levels of current or expected public borrowing. A fiscal crisis can take ...
Use CRFB’s Adjusted August 2025 Baseline, which accounts for the projected impact of the One Big Beautiful Bill Act (OBBBA), ...
Opinion
Trump Administration Continues Biden-Era Student Debt Cancellation with Latest Pause on Collections
Today, the White House announced an indefinite pause of the collection of defaulted federal student loan debt, including through the Treasury Offset Program, which applies any tax refunds towar ...
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