Policy Briefs

Introduction As the Democratic majority in Congress attempts to finalize their nearly $2 trillion social spending plan, one issue that will soon come into sharper focus is President Biden’s campaign promise not to raise taxes on anyone making…

Introduction The annual Social Security and Medicare Trustees’ reports make numerous economic and demographic assumptions to project the long-term financial status of these two programs. Among these assumptions is the average number of births women will have over their…

Introduction The impact of the Social Security program on the Federal budget has been the subject of much controversy and confusion. Indeed, disagreement between the Social Security and Medicare actuaries resulted in a lengthy addition to the “Statement of…

Part 2: College Students Introduction President Biden’s FY 2022 Budget proposes to spend nearly $1.7 trillion over the next ten years on several new or expanded entitlement programs for children, college students, the elderly, and the disabled.  The budget also…

Part 1: Children Introduction President Biden’s FY 2022 budget proposes to spend nearly $1.7 trillion over the next ten years on several new or expanded entitlement programs for children, college students, the elderly, and the disabled. The budget also contains…

Background Every year the Congressional Budget Office (CBO) issues a long-term budget outlook covering the next 30 years. The last such report was released on March 4, 2021 and covered the 30 years ending in 2051. These reports are not…

As 2021 begins, America is beset by a host of urgent challenges. At home, the nation remains deeply divided in the wake of a bitterly contested election...