The U.S. economy’s continued failure to grow inclusively along with unnecessary public spending cuts are weighing on the recovery.
Scott Lilly, Senior Fellow at the Center for American Progress, testifies before the House Committee on Rules, Subcommittee on Legislative and Budget Process, on the question of two-year budgeting.
Report The insolvency of the Highway Trust Fund threatens federal transportation programs. Implementing a mileage fee would provide robust funding for decades to come.
Report A child's zip code should not determine her destiny, but a growing body of research reveals that the community she grows up in affects her educational, health, and economic outcomes. This report provides an overview of the nation’s first five Promise Zones and their emerging insights and details recommendations for how the federal government can improve the initiative and its role as a partner in place-based work.
Pfizer’s attempt to move its headquarters out of the United States by acquiring the U.K.-based AstraZeneca corporation highlights why the United States must prevent these kinds of corporate inversions—and why corporate tax reform must not become a race to the bottom.
Issue Brief The U.S. Department of Defense faces hard choices if it wants to create a fiscally responsible budget plan for the coming years.
Federal spending on infrastructure, scientific research, early childhood education, disease treatment, space exploration, and college tuition could be slashed by nearly half over the next decade.
At a time when federal research and development, or R&D, investment is stagnating, significant new contributions must be made to secure our continued global leadership in R&D. Rep. Ryan’s budget does just the opposite, significantly reducing the federal government’s commitment to it.
Issue Brief The conservative economic framework at the core of the Ryan budget remains stuck on supply-side and trickle-down theories that have been discredited and are out of touch with today’s economy.
Fact Sheet The Ryan budget once again undermines America’s long-term economic future by cutting essential infrastructure programs that support job growth, trade, and the efficient movement of people and goods.
For the fourth straight year, Rep. Paul Ryan’s budget leaves communities of color behind in order to protect tax breaks for millionaires, Big Oil and big corporations.
This year’s Ryan budget once again slashes middle-class investments and the social safety net in order to continue giving tax breaks to millionaires, corporations, and Big Oil.
Issue Brief Economic research shows that the safety net reduces poverty and boosts mobility.
The current spending cap is a compromise of a compromise for progressives.
Issue Brief President Obama’s new proposal to reform the Earned Income Tax Credit is a step in the right direction.