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May 6, 2024
How Much Are You Willing to Spend on Student Loan Forgiveness?
Last Wednesday, the Biden administration announced $6.1 billion in student debt cancellation for over 300,000 borrowers who attended the Art Institutes, a defunct network of for-profit colleges that, according to…
April 29, 2024
New “Scorecard” Report Promotes Better Use of Data to Prevent Unemployment Fraud
Criminals inflicted unprecedented fraud on taxpayer benefits during the pandemic, and some of the most abused programs were those that provided temporary federal unemployment benefits. As we documented in a…
April 26, 2024
Washington, District of Benefit Cliffs
As the welfare state expands while policymakers struggle to contain its costs, one unintended result is the creation of significant benefit cliffs. A little-noticed September 2023 report authored by Elias Ilin and Alvaro Sanchez…
April 19, 2024
The New Deal’s Failed Kibbutz in the Desert
At the height of the New Deal, with the Social Security Act, the Securities and Exchange Commission, and the Civilian Conservation Corps already enacted, the Roosevelt Administration’s Farm Security Administration…
April 17, 2024
Fiscal Sanity Please, Senators
The Wyden-Smith tax bill, which combines an expanded child tax credit (CTC) with a variety of business tax breaks, has been in limbo in the Senate for the past three…
April 10, 2024
The Political Landmines Buried in the Latest Jobs Report
CNN on Friday dubbed the latest monthly jobs report a “blowout,” pointing to 303,000 net new jobs created in March. President Joe Biden immediately claimed credit, saying the report “marks a…
April 10, 2024
Biden Irresponsibly Encourages Borrowers to Enroll in SAVE Plan
President Biden is hard at work encouraging student borrowers to enroll in his new SAVE Plan, a de facto loan forgiveness program that faces increasing legal scrutiny. 11 states, led…
April 9, 2024
Maddow Spreads Misinformation on Student Loan Cancellation
Last night, progressive television pundit Rachel Maddow took jabs at Republicans concerned with President Biden’s latest effort to cancel student debt. But her jabs were actually sucker punches. She took…
April 9, 2024
The Child Tax Credit: My Long-Read Q&A with Kevin Corinth
The Child Tax Credit is a tax benefit available to many American families for the purpose of reducing their federal income tax liability. It’s specifically designed to help offset the cost of…
April 9, 2024
Biden Knows Student Loan Cancellation Is a Bad Idea
This morning, President Biden announced new details about the latest effort to cancel student debt that he says will reduce balances or completely cancel student debt for over 30 million Americans. First,…