The Blog of the Roosevelt Institute

On Thursday, the Internal Revenue Service (IRS) released new estimates of the US “tax gap,” which measures the difference between the taxes people, corporations, and other entities legally owe and what is actually collected. The tax gap totals nearly $8 trillion over the past decade, according to the chief mathematician (#MathIsReal) for the Senate Budget

With every week in America comes another wild news cycle of near ludicrous proportions. Our political reality seems ever more preposterous as demonstrated by Commerce Secretary Wilbur Ross’s threat to fire employees of the National Oceanic and Atmospheric Administration for being right when Trump was wrong. Then, there was the abrupt cancellation of peace negotiations

Progressing Ahead in 2019

Summers are never slow at Roosevelt, and now we’re gearing up for an even busier fall. At the top of our to-do list is explaining how and why the public sector must make big investments to tackle our nation’s toughest challenges; promoting our ideas to influence the Democratic presidential debate; and welcoming two new fellows

America’s $1.6 trillion student debt crisis is crushing millions of us, but it is disproportionately harming Black people—and fueling the racial wealth gap.  In a new Roosevelt report, co-released with Demos and The Century Foundation, Roosevelt Program Manager Suzanne Kahn and her coauthors underscore that our debt-financed higher education system reinforces the structural racism that plagues

Behind the Numbers: Powell Backs Down

The Fed was in the news this past week, partly for its annual Jackson Hole conference, partly for some impolitic comments by a former official, but mainly for its recent decision to not lower interest rates. Most observers had expected that the cut in rates this spring would be followed by another cut this time.

In a report released earlier this week, Roosevelt Fellow Todd Tucker explains what industrial policy is and how we can do it better. Notably, he argues that—despite the common but mistaken assumption that the US does not use industrial policy—ad hoc and exclusionary industrial policies have hindered the kind of robust industrial planning necessary to

Student debt cancellation is generating the most online attention out of all of the Democratic presidential candidates’ policy proposals, according to a new analysis. Given that issues like health care or immigration are usually what voters care most about, this is a notable shift. It’s not just the subject of student debt that has captured

The climate crisis is happening now. Across the planet, our oceans are warming, our weather is more extreme, and natural disasters are more frequent and more severe. And it’s only going to get worse: The UN predicts that by 2040, increased coastal flooding will affect nearly 50 million people, and a “disproportionately rapid evacuation” of

At least a quarter of the 2.3 million incarcerated people in US are addicted to opioids. The fact that our criminal justice system does not routinely provide treatment for opioid withdrawal or treat addiction as a disease is at best wasteful and counterproductive. Harsh drug laws ensure that we continue to see addiction as a

Between machines and outsourcing, technological change and trade in the 21st century have impacted much of how the American economy functions. As a result, workers are not only facing renewed challenges in their day-to-day experience on the job, with algorithmic scheduling and greater management surveillance, for example; but also in their experience within the economy