Congress should set the CTC to auto-morph into a child allowance during recessions and emergencies. As we enter the lame-duck session of Congress, the tragically fallen enhanced Child Tax Credit is back on the agenda. Both Matt Yglesias and Vox’s Rachel Cohen have pieces dissecting the state of congressional negotiations…

How to dismantle an economic bomb on a party-line vote With Republicans projected to retake an extremely narrow majority in the House of Representatives, congressional Democrats are searching for ways to neutralize the possibility of high-stakes games of chicken with the country’s self-imposed debt ceiling. …

The solution is more supply-side policy — Democrats in Congress are on the verge of taking historic action to combat climate change. The clean-energy spending provisions in the Inflation Reduction Act passed by the Senate would do the lion’s share of getting the United States within striking distance of its emissions reduction goals. …

Strike a deal on climate now — but hold on to the money until inflation cools. Last night, Senator Joe Manchin lobbed yet another grenade into President Biden’s legislative agenda. With delicate negotiations over the last shreds of Biden’s Build Back Better agenda underway, Manchin abruptly declared that he wanted…

Government intervention to get us through the in-between Americans are feeling the squeeze of record-high gas prices. The average price of a gallon of gas in the United States is kissing $5.00, with little sign of significant easing on the horizon. …

A spoonful of forgiveness sugar helps the repayment medicine go down President Biden is reportedly considering instructing the Department of Education to cancel $10,000 in student loan debt for each borrower (limited to individuals earning under $150,000 and married couples earning under $300,000). Critics have blasted the plan, arguing that…

Democrats, pivot to the supply side to achieve electric vehicle abundance It’s no secret that Senator Joe Manchin essentially gets to decide whether President Biden’s legislative agenda lives or dies. …

The expanded Child Tax Credit wasn’t supposed to be a one-and-done program. Weeks after he took office, Joe Biden’s American Rescue Plan funded an American child allowance for one year — but the program’s advocates all expected it to be extended beyond 2021. …

Millennials just can’t get out of the shadow of the Great Recession. The 2008 housing crash led to a global financial crisis, triggering the worst economic downturn since the Great Depression. The economy cratered, and unemployment soared to 10 percent — just at the time many millennials were graduating college…