Ideas. Action. Results.

It’s Time to Rethink the Debt Limit

G. William Hoagland, Shai Akabas, Tim Shaw / Blog August 8, 2018

Once reinstated, partisan conflict over the debt limit will reemerge, putting the country back on the brink of a potentially calamitous default on its obligations.

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Will the U.S. Stop Turkey from Receiving F-35s?

Jessica Michek, William Ellison / Blog August 8, 2018

It is increasingly likely that future conflicts and security issues will arise that make handing these planes over to Turkey dangerous.

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Treasury Data Reaffirm Deficit Climbing Rapidly

Economy / Press Release June 12, 2018

In the month of May alone, the federal government ran a monthly budget deficit of $147 billion, which was 67 percent higher than the deficit in May 2017.

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Treasury Hits Largest April Surplus on Record at $214.3 Billion

Economy / News May 10, 2018

“Last month’s strong tax collections are partly a reflection of the robust expansion of the U.S. economy in 2017. This further confirms what previous indicators have shown,” said Shai Akabas, director of economic policy at the Bipartisan Policy Center.

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Analysis: Debt Limit to Increase More Than $1 Trillion After Suspension

Economy / Press Release February 14, 2018

New analysis from BPC’s economic policy team projects that this budget agreement will cause a federal government deficit of more than $1 trillion next year.

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Government Shutdown Effect on Debt Limit

Tim Shaw / Blog February 6, 2018

If an agreement on budget levels and other key priorities cannot be reached, it will be important to know how a government shutdown could interact with the debt limit.

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New Tax Law Could Bring “X Date” Closer, Heightens Uncertainty

Shai Akabas, Tim Shaw, Jack Rametta / Blog February 1, 2018

With Congress also debating an omnibus appropriations package and contentious immigration issues, even a swing of days on the “X Date” timing could make a big difference.

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Don’t Lose Sight of Why CFPB Was Created

Justin Schardin, John Soroushian / Blog December 12, 2017

No matter how the legal struggle over control of CFPB is decided, the next director should start with a balanced view of the agency.

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Treasury Insurance Regulation Report Includes Positive Steps, More to Do

Ashmi Sheth, Justin Schardin, John Soroushian / Blog December 7, 2017

The U.S. Treasury Department made a series of recommendations in its recent report including highlighting opportunities for insurance regulatory reform.

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BPC Forecasts Debt Limit “X Date” in March

Economy / Press Release December 1, 2017

BPC forecasts that the “X Date,” when the federal government will no longer be able to meet its financial obligations in full and on time, will occur sometime in March 2018.

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