Press

Op-eds and Articles

The HEROES Act fixes what the CARES Act broke

Conservatives call the House Democrats’ Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act a “gigantic political scam.” Senate Republicans say HEROES, passed by the House on May 15th, is “dead on arrival when it reconvenes. As they negotiate with Democrats, Republicans should think carefully about certain student loan relief provisions in the bill. Even in good times, a…

House HEROES Act Gets The Trade-Offs Wrong

The U.S. House of Representatives is moving ahead with plans to vote today on the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act: the fifth – and potentially final – piece of major legislation addressing the coronavirus pandemic and its economic effects. The 1800-page bill is estimated to cost roughly $3 trillion and contains a mix…

Ritz for Forbes: “New CBO Report Projects $13 Trillion Deficit Over 10 Years”

Projections published today by the non-partisan Congressional Budget Office confirm that the federal government is on course to spend $1 trillion more than it raises in revenue in Fiscal Year 2020. Trillion-dollar deficits continue as far as the eye can see, with CBO estimating a 10-year deficit of over $13 trillion. Legislative changes since August have increased…

PPI in the News

Facing the Future Podcast: Ben Ritz on A Progressive Budget for Equitable Growth

During the most recent Facing the Future, Ben Ritz discussed PPI’s latest policy proposal, “A Progressive Budget for Equitable Growth.” The blueprint addresses a variety of issues, such as the national debt, taxes, health care, infrastructure, climate change, and more. Listen here

Fontenot for The Hill, “American children are getting a raw deal under GOP leadership”

American children born today are getting a raw deal. As they come of age to drive or vote, they will be saddled with unimaginable levels of public debt because of the decisions their political leaders are making today. I know this because the official keepers of the budget accounts for Congress — the Congressional Budget…

Mandel for NJ Spotlight, “It Would Be A Mistake to Make Brick-and-Mortar Retailers in NJ Accept Cash”

It would be better to go cashless, while creating new low-cost banking options for poor residents Is cash a bane or a boon? The underlying trends are clear. Across the country, from high-end salad chain Sweetgreen to the new Amazon Go stores, more and more retailers are going cashless as technology improves. For a company…

Press Releases

Discussing the Budget with Students at the New England College Convention

Ben Ritz, the Director of PPI's Center for Funding America's Future, presented to students during two breakout sessions at the New England College Convention in Manchester, New Hampshire this week. The first session was a joint presentation about the national debt as an intergenerational issue with Bob Bixby from The Concord Coalition and Brian Riedl from the Manhattan Institute. The panelists…

Media Advisory: Building a #BetterBudget, A Forum on Investing in America’s Future and Tackling Our National Debt

WASHINGTON—The Progressive Policy Institute and House Blue Dog Coalition will host a lunchtime discussion today at the Longworth House Office Building about what leaders in Congress can do to invest in equitable growth while reducing our national debt. America suffers from a shortsighted fiscal policy that promotes consumption today instead of investing in tomorrow. The…

Social Security & Medicare Trustees Reports: A Reality Check for Expansion Advocates & Tax Cutters Alike

WASHINGTON — Ben Ritz, director of the Center for Funding America’s Future at the Progressive Policy Institute (PPI), today released the following statement after the annual Social Security and Medicare Trustees reports were released: "The annual reports from the Social Security and Medicare trustees should serve as a reality check for politicians who support costly…