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Behind the Numbers: The CBO Just Handed Us $2 Trillion

Anyone who follows the DC budget game knows that the Congressional Budget Office (CBO) serves as its referee; any proposal that involves new spending or revenue is scored by the CBO for its impact on the federal debt over the next 10 years. That score normally sets the terms on which the proposal will be

Dismantling Broken Power Structures in Higher Ed

For decades, regulators have had only limited success in taming a for-profit college industry that routinely defrauds students, inflates prices, and produces devastatingly bad outcomes for student loan borrowers. But recently, instead of promoting complex regulatory schemes, some policymakers have offered a simple solution: take away for-profit colleges’ federal subsidies. Today, Rep. Pramila Jayapal (D-WA)

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Why We Need to Design Health Care Reform That Puts Patients Before Profits

Amidst the major health care policy differences highlighted at Tuesday’s Democratic debate, we must not forget one telling statistic: While the Affordable Care Act (ACA) has extended insurance coverage to millions, a majority of Americans who were uninsured prior to passage of the law still remain uninsured today.  Relative to the most credible forecasts from

Testimony before the House Financial Services Committee Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets

Thank you, Chairwoman Maloney and Ranking Member Huizenga, for inviting me to speak today. It is an honor to be here. My name is Lenore Palladino, and I am Assistant Professor of Economics & Public Policy at the University of Massachusetts Amherst, a Fellow at the Roosevelt Institute, and Research Associate at the Political Economy

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Stock Buybacks Are a Key Example of Extractive Corporate Power

Corporate profits and executive pay are sky high today, while wages for most American workers have remained low and stagnant over the past several decades. Today’s high-profit, low-wage economy is, in part, a result of rules and policies that shape corporate decision-making. These rules have allowed CEOs, shareholders, and executives to move more and more

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Roosevelt Must-Reads: What’s Not Working

This week, Roosevelt Communications Manager Ariela Weinberger is reading an Axios article on how automation will negatively impact the racial wealth gap—especially for Black workers—and a New York Times op-ed from economists Emmanuel Saez and Gabriel Zucman on the future of tax justice and how absurd it is that “the working class is now paying

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Did Marketplace Coverage Really Offer Financial Protection?

Did Marketplace Coverage Really Offer Financial Protection? Financial Gains from the Affordable Care Act’s Private Insurance Policies for the Previously Uninsured While the Affordable Care Act (ACA) expanded health coverage to millions of Americans, more than half of the people eligible for the law’s private insurance marketplace remained uninsured. Today, most of those who were

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“But How Do We Pay for It?” Why Spending Money on Ambitious New Programs Is a Feature—Not a Bug—in Today’s Economy

Our nation is faced with once-in-a-generation challenges—widespread inequality, alarming climate change, crumbling infrastructure, and crippling household debt, among others—that can only be addressed with bold, progressive policies, many of which require significant government spending. Although some policymakers and candidates have proposed such policies, they often get pushback from skeptics asking, “Can the government really afford

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Roosevelt Institute Presents 2019 Four Freedoms Awards to Champions of Democracy

FOR IMMEDIATE RELEASE:October 5, 2019 CONTACT:Ariela Weinberger, aweinberger@rooseveltinstitute.org Roosevelt Institute Presents 2019 Four Freedoms Awards to Champions of Democracy Ceremony highlights the importance of democratic values in a challenging political landscape Hyde Park, NY—Today, the Roosevelt Institute celebrated the Four Freedoms Awards, honoring Franklin and Eleanor Roosevelt’s legacies and those who exemplify core freedoms that