
Rachel Snyderman
@rachelsnyderman
Economic Policy @BPC_Bipartisan Proud @Wellesley @SAISHopkins & fed govt alumna. Views are mine.
ID: 1360223047
https://bipartisanpolicy.org/debt-limit 17-04-2013 19:37:57
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284 Followers
473 Following


"It's really time to get our fiscal house in order," Bipartisan Policy Center managing director of economic policy Rachel Snyderman says. "A $36 trillion and growing national debt is not sustainable."

As our G. William Hoagland and Peterson Foundation's Brett Loper argue in The Hill today, using current policy baseline to estimate the cost of this year's tax package obscures the ~$4 trillion cost of extending the 2017 Tax Cuts and Jobs Act. thehill.com/opinion/financ…

New from Rachel Snyderman and I: what's in the Senate budget? 💸 1) up to $5.7 TRILLION in higher deficits/debt; and 🫣 2) an attempt to obscure a huge portion of that behind a "current policy" baseline that says tax cuts are free. Read more: bipartisanpolicy.org/explainer/what…


🚨 The Senate passed a budget resolution that now heads to the House. What does it actually do? Our explainer from Rachel Snyderman and Andrew Lautz breaks it down: what's in it, what it means, and what’s next in the budget process. ⬇️ bipartisanpolicy.org/explainer/what…


Tax day is over ✅ But do you know where your 💵 actually goes? Check out ShashankChintalagiri's blog + our interactive #TaxpayerReceipt tool created with @polco-123 and @intuit to see how your federal tax dollars are spent. 🧾 bit.ly/4ifE2UE


At $28.9T in U.S. public debt, $1 of every $5 in fed revenue pays interest - the government's second-largest expenditure. This squeezes our ability to invest in other public priorities. More from Bipartisan Policy Center on how #NationalDebt impacts the economy: shorturl.at/WJU9i



🚨Bipartisan Policy Center’s latest: a tariff revenue tracker, updated with Daily Treasury Statements (the gift that keeps on giving). From Andrew Lautz, Caleb Quakenbush, and me. Come for the charts, stay for the other charts.

As the rescissions process gets underway, Rachel Snyderman & Bill Hoagland have you covered with the basics and how this process has historically been used: bipartisanpolicy.org/explainer/resc…

💰 What’s a rescission? It’s how the president and Congress can cancel funding after it’s been approved. Rarely used, but powerful—if Congress agrees. Learn how it works in BPC’s new explainer from Rachel Snyderman, G. William Hoagland, and Aaron Till: 🔗 bit.ly/3YApQii





📈Today's Treasury Department data is the biggest indication yet that President Trump's #tariffs have kicked in. BPC has been monitoring revenue impacts of changing tariffs daily. Read more about #tariff revenue and explore the data: bit.ly/3SoRAmq

