BPC works across parties to research and convene on health, energy, national security, and the economy; revenue and expenses tracked in Form 990 filings.
The articles examine proposals to adjust federal tax policy, including a living-cost-adjusted brackets plan and a gas-tax holiday. Analysts question effectiveness, impact on deficits, and regional savings variations as lawmakers push or resist reform.
Congress has passed the 21st Century ROAD to Housing Act with overwhelming bipartisan majorities to speed construction, restrict corporate buyers and ease federal rules. President Donald Trump has cancelled a planned signing and said he will not sign until Congress passes voter ID and other measures in his proposed SAVE America Act, leaving the legislation’s enactment uncertain.
The government has proposed ending the affordable housing quotas for new developments of 10 to 49 homes to jumpstart housebuilding. The National Housing Federation warns this could cost up to 32,000 affordable homes over 10 years, hitting rural England hardest. Ministers say the aim is to simplify the process and speed up housing delivery.
The government has signalled a new push on England’s social care system, with talks among Labour, Liberal Democrats and Conservative figures seeking a cross‑party consensus. The plan centers on a national care service, better pay for care workers, and a Casey review upgrade, while promising to fund reforms from existing budgets and avoid immediate tax rises.
New Yorkers will see five city-owned grocery stores offering a 30% discount on a core basket of goods, funded by a $70 million capital budget and run by private operators. Officials say no ID will be required to shop, but questions about logistics, subsidies, and price stability have sparked a wave of scrutiny from critics.
A roundup of recent reports shows Americans face higher living costs and tighter budgets. Survey data indicate many households lack emergency savings, while inflation remains above the Fed's target. Analysts warn about potential changes to Social Security COLA and the long-run funding of the program.
The United States debt has reached $40 trillion as long-term yields hit their highest since 2007, signaling rising borrowing costs. Analysts warn that higher rates could push up mortgage, auto, and consumer borrowing costs, while policymakers debate how to slow deficits and stabilize financing.
The US has passed $40 trillion in total public debt, the Treasury has reported, driven by large pandemic-era and recent spending and tax changes. Interest payments have risen sharply and are now a larger budget item than many programmes. Treasury officials argue growth can be managed by stronger economic growth and fiscal consolidation.