This article examines the 2022 U.S. Inflation Reduction Act (IRA), praising it as a major climate initiative while critiquing its use of trade-distorting subsidies—particularly local-content requirements that violate World Trade Organization rules. The authors compare the IRA to European green subsidy programs, finding that while the overall scale is similar, there are key differences. IRA subsidies are simpler, longer-term, and geared toward mass deployment of green technologies.

Moody’s has stated that multiple U.S. administrations and Congress have not reached an agreement on how to stop the pattern of large yearly budget deficits and rising interest payments. They also noted that the current fiscal proposals being discussed don’t include sufficient spending cuts. Trump is urging Republican lawmakers in Congress to approve a bill that would extend the 2017 tax cuts—his major legislative accomplishment from his first term. However, nonpartisan experts warn that this move would add trillions of dollars to the federal government’s $36.2 trillion debt.

The Committee for a Responsible Federal Budget breaks down the House of Representatives’ Fiscal Year (FY) 2025 reconciliation bill

The author examines Medicaid’s influence on health outcomes as of 2025, highlighting its life-saving impact. Key topics include the program’s role in reducing mortality rates following its expansion across states and its critical support during the COVID-19 pandemic. The piece also explores current proposals to scale back the federal contribution to Medicaid expansion, the advantages of continuous coverage, and the mounting evidence that Medicaid doesn’t just improve lives—it saves them.

Read the full bill text here.

The evidence presented in this study demonstrates the effectiveness of the Supplemental Nutrition Assistance Program (SNAP) in raising the income floor of America's poorest. It also demonstrates how changes to eligibility requirements directly affect the program's impact.

The Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) recently analyzed the financial effects of H.R. 1, a major piece of legislation passed in May 2025. Their estimates show that, on average, U.S. households would have more resources available between 2026 and 2034 if the bill becomes law. However, the benefits wouldn’t be shared equally. According to the analysis, households with lower incomes would generally see a decrease in resources, while those in the middle and upper income brackets would see gains. The estimates also include how states might respond to changes in health programs like Medicaid and SNAP, which could further affect household resources

The Tax Foundation analyzes the good, bad, and ugly parts of the "One, Big, Beautiful Bill."