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May 29, 2024

Holding out Hope for a Left-Right Consensus on Federal Student Lending

For as long as we can remember, Republicans and Democrats have been talking past one another when it comes to federal student loan policy. Both sides of the aisle want…

May 23, 2024

Biden’s Unending Student Loan Forgiveness Run

On Tuesday, the Biden administration announced $7.7 billion in student debt cancellation for about 161,000 borrowers, equating to about $48,000 per borrower. Compared to what has already been spent on loan forgiveness…

May 22, 2024

Missed Opportunities in the Proposed Farm Bill

House Agriculture Committee Chairman Glenn Thompson’s proposed Farm Bill reauthorization, The Farm, Food, and National Security Act of 2024, heads to committee markup today. The Farm Bill is a tough reauthorization…

May 21, 2024

Did AI Just Pass the Turing Test?

A recent study by UC San Diego researchers brings fresh insight into the ever-evolving capabilities of AI. The authors looked at the degree to which several prominent AI models, GPT-4, GPT-3.5, and…

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…