Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio
Without the Bush and Trump tax cuts, debt as a percentage of the economy would be declining permanently.
Without the Bush and Trump tax cuts, debt as a percentage of the economy would be declining permanently.
Failure to increase the debt ceiling would have a catastrophic impact on the economy and federal programs.
President Biden and his team must cement new protections for U.S. lands and waters, secure additional climate progress, and prevent bad decisions such as the Willow project from happening again.
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About the Center for American Progress
The Center for American Progress is an independent, nonpartisan policy institute that is dedicated to improving the lives of all Americans through bold, progressive ideas, as well as strong leadership and concerted action. Our aim is not just to change the conversation, but to change the country.
Under President Biden, the United States is reinvigorating its trade policy to better confront the major challenges of the 21st century, but key questions remain.
The United States must maintain its course on Ukraine because it is essential to America’s national security interests and democratic values. A Ukraine defeat would create a more dangerous and unstable world.
The third report in this Center for American Progress series explores how states can pursue family planning options through Medicaid to expand access to contraception and other vital reproductive health services.
Putting undocumented immigrants on a pathway to citizenship would increase U.S. GDP by up to $1.7 trillion over the next decade, raise wages for all Americans, and create hundreds of thousands of new jobs, advancing the country’s economic recovery.
While President Trump has taken to Twitter to say he’s in the clear, the facts point to a criminal violation of campaign finance law.
Young adults reentering communities after incarceration face many barriers to finding stable work, but forward-thinking policies can lead to better employment outcomes and safer communities.
The killing of Tyre Nichols at the hands of police in Memphis has focused the national attention on the dangers of driving while Black in America and the urgent need for police reform that fulfills the promise of public safety.