by jpitney | Jun 19, 2025 | Economic Policy, Social Security, Uncategorized
Committee for a Responsible Federal Budget: The Social Security and Medicare Trustees released their annual reports, today, highlighting the precarious financial states of the programs. The Trustees project that both the Social Security retirement trust fund and the...
by jpitney | Jun 18, 2025 | Budget, Debt, Economic Policy
CBO: The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) previously reported that H.R. 1, the One Big Beautiful Bill Act, as passed by the House of Representatives on May 22, would increase the primary deficit by $2.4 trillion over...
by jpitney | Jun 13, 2025 | Economic Policy, Trade
Ana Swanson and Alan Rappeport at NYT: Washing machines, refrigerators and other common household appliances made with steel parts will soon be subject to expanded tariffs, the Commerce Department said Thursday. The department said in a notice that levies would take...
by jpitney | Jun 8, 2025 | Debt, Economic Policy
From the Committee for a Responsible Federal Budget:
by jpitney | Jun 7, 2025 | California Politics, Economic Policy
Dan Walters at CalMatters: The disappearance of inter-party competition means Democrats have been free to implement their responses to multiple issues spawned by the state’s economic and cultural complexity — such things as erratic water supply, low-performing public...
by jpitney | Apr 28, 2025 | California Politics, Economic Policy
Allysia Finley at WSJ: California is losing jobs—54,800 during the first three months of this year. Valero this month announced plans to close a major refinery, portending gasoline shortages and price spikes. Insurance and electricity rates are soaring. Fifty-four...