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Most people aren't rich enough to benefit from sunsetting estate tax provision

Nov 1, 2024
The upcoming election could impact whether a provision of Trump-era tax reform is extended beyond 2026.
Then-President Donald Trump speaks about the passage of tax reform legislation on the South Lawn of the White House in Washington, DC, Dec. 20, 2017.
SAUL LOEB/AFP via Getty Images
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When the feds don’t regulate … will the states?

Aug 5, 2024
Legal scholars and lawmakers are still trying to come to grips with the potential long-term consequences of the overturning of the Chevron deference, including what it means for state-level regulators.
A recent Supreme Court decision could make it harder for federal bodies to impose nationwide regulations. Should states step in?
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What the past can teach us about a post-Chevron America

Jul 12, 2024
The Supreme Court's decision overturning the Chevron deference is a step towards rolling back the power of the administrative state, the origins of which go back more than a century.
FDR addresses a joint session of the U.S. Congress in 1939. During his tenure, President Roosevelt created new regulatory agencies aimed at improving life during the Great Depression.
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There’s a new entrant in the “bill scoring” game

Jul 4, 2024
The newly formed “Budget Lab” at Yale plans to focus on the long-term outcomes of proposed legislation.
You could think of the Congressional Budget Office as referees, who have to follow rules set by Congress, and organizations like The Yale Budget Lab as outside sports analysts.
Photo by Alika Jenner/Getty Images

Lawmakers managed to fix Social Security in the 1980s. But those fixes won't work a second time.

Jun 28, 2024
The Social Security program is on track to burn through its savings account by 2035 unless Congress changes the law before then. Social Security faced a similar funding crisis in the early 1980s.
Some of the fixes used in 1983, like exposing benefits to taxation, were one-time solutions. Congress will have to agree on more ways to increase funding before the 2035 deadline comes around.
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Social Security cuts are inevitable by 2035 unless lawmakers act

Jun 27, 2024
Social Security has been known as “the third rail of American politics” since the early 1980s, with the idea that touching the program can prove deadly to a politician’s career.
Because Social Security can’t take on any debt or tap into general revenues to fund benefits, Congress needs to do something before the money runs out.
J. David Ake/Getty Images

For public good, not for profit.

Worry about foreign ownership of telecom companies has a long history in the U.S.

Apr 24, 2024
It's part of an overall mistrust of foreign influence with deep roots in American history.
The founders were concerned countries would try to meddle in the U.S., so they passed measures like the Emoluments Clause which prohibits office holders from taking gifts from foreign officials.
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Child care gets a boost in the new federal spending law, but advocates say it isn't enough

Mar 27, 2024
They say programs designed to help low-income families are only reaching a fraction of those eligible.
"We got this $1 billion increase that's going to help the [child care] programs that exist, but we need so much more," said the Century Foundation's Julie Kashen.
Ina Fassbender/AFP via Getty Images

Proposed appropriations bill would practically double the size of the Border Patrol

Mar 22, 2024
Congress failed to pass comprehensive immigration reform, so it's using the appropriations bill to bulk up the Department of Homeland Security.
The $1.2 trillion spending package to be voted on by the House on Friday includes funds to hire 22,000 more Border Patrol agents.
Suzanne Cordeiro/AFP via Getty Images