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Latest Issues

What Would a Social Security Payroll Tax Hike Cost You?

Republicans have resisted broad tax increases for decades. Social Security’s approaching insolvency may be testing that commitment.

The Washington Post recently reported that several prominent Republicans are becoming more receptive to rai...

7 days ago
7

Census Bureau’s Measure Paints Inaccurate Picture of Poverty in America

Photo from Getty Images

The Census Bureau released the poverty report for 2025 yesterday, the first to cover a full year of the second Trump administration. According to the Official Poverty Measure (OPM), 10.2 percent, or 34.5 million Ame...

8 days ago
13
2

Reconciliation 3.0 Must be a Vehicle for Deficit Reduction, Not Partisan Appropriations

Photo by micheile henderson on Unsplash

The federal debt is on pace to rise uncontrollably, driven by rapidly escalating spending. Bond markets are demanding higher interest rates on treasuries. Economic growth will no longer be sufficient...

9 days ago
13

In the Press: $5,000 Dividend Checks, Medicare Drives the Deficit, and DHS Spending Growth

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$5,000 dividend checks would generate inflation and raise interest rates

Trump pledged a $5,000 “dividend” to every American adult if Republicans hold Congress in November.

In USA Today, Daniel de Visé examines wh...

10 days ago
17

Debt Digest | Prediction Markets Debt Forecast

Here are this week’s reading links and fiscal facts:

  • Raising taxes is the worst way to address Social Security’s shortfall. Steve Thompson reports in the Washington Post that “a coming crisis in Social Security appears to be pushing at...
14 days ago
9

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Authors

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  • Romina Boccia

    Director of Budget and Entitlements | Cato Institute

  • Ivane Nachkebia

    Research Consultant for Budget and Entitlement Policy | Cato Institute

  • David Ditch
  • Tyler Turman

    Research Associate in Budget and Entitlement Policy | Cato Institute

  • Ritvik Thakur

    Research Associate in Budget and Entitlement Policy | Cato Institute

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