Fiscal Policy and Budget Analysis by Marc Goldwein
Marc Goldwein: Medicare premiums of $732 suggest $500k yearly spending or over $11 million in retirement savings
Marc Goldwein stated that if a person's IRA withdrawals combined with Social Security income push their Medicare premiums to $732, this likely indicates they are either spending over $500,000 per ...
Deficit may climb by $500 billion due to higher Medicare costs, Marc Goldwein notes
Marc Goldwein said that a proposed measure would likely add about $500 billion to the deficit over a decade. He added that while Medicare costs would increase by a larger amount, costs for ACA, ...
Marc Goldwein: Possible loss of $1 trillion over a decade
Marc Goldwein estimated that a situation could result in a loss in the range of $1 trillion over a decade. In his statement, Goldwein indicated he does not have a precise estimate but provided ...
Plan removes tax max and boosts annual benefits by $2,400, Marc Goldwein states
Marc Goldwein described a plan that would eliminate the tax max and increase annual benefits by $2,400. He provided an outline of how such a plan could look, sharing a link to further ...
Marc Goldwein: Gas tax holiday would cost $30 billion yearly and impact highway trust fund
Marc Goldwein stated that implementing a gas tax holiday would cost $30 billion each year, directly affecting the already-bleeding highway trust ...
The cost could be $2 trillion depending on design, Marc Goldwein notes
Marc Goldwein estimated that the cost of a certain proposal could be about $2 trillion over a decade, depending on how it is designed. He also noted that a version of the proposal costing $1 ...
Marc Goldwein: People are getting overexcited about 2.2% real GDP growth
Marc Goldwein described people as being overly excited about the 2.2% real GDP growth recorded over the past ...
Premiums returning to prior levels with more generous drug coverage, Marc Goldwein notes
Premiums for drug benefits will increase by $17 a month, returning to their previous level in 2024 while annual drug costs will be capped at $2,000. Marc Goldwein argued that these premiums remain ...
Marc Goldwein: U.S. economic growth reached 2.2 percent over last year
U.S. economic growth came in at 2.2 percent over the past year. Marc Goldwein noted that while the latest quarter was strong, 40 percent of all quarters in the last two decades have produced ...
Inflation is almost twice target, Marc Goldwein notes
Marc Goldwein stated that inflation is currently nearly double the U.S. target level. Goldwein did not provide additional details or figures in the ...
Marc Goldwein: Criticism of misunderstanding in budget scoring and repatriation holiday scores
Marc Goldwein criticized a person for lacking understanding of how budget scoring works despite producing many estimates. He stated that Josh Rauh is correct while Gabriel Zucman is incorrect in ...
Employer Compensation tax would generate comparable revenue to cap elimination, Marc Goldwein notes
Marc Goldwein said that the Employer Compensation tax would generate as much revenue as eliminating the cap and be almost as progressive, but would result in a much smaller increase to the top ...
Marc Goldwein: Limits to charitable deduction could raise $100 billion without reducing giving
Marc Goldwein said limits to the charitable deduction could generate $100 billion in revenue without reducing charitable giving at all, based on numbers from the Tax Policy Center. He added that ...
Reducing excessive Medicare Advantage payments may improve affordability, BudgetHawks points out
Marc Goldwein highlights that Matt Yglesias referenced BudgetHawks' proposals to cut excessive Medicare Advantage payments and limit costly supplemental plans as ways to reduce premiums and budget ...
Marc Goldwein: AARP-sponsored plans can deny coverage and increase costs for seniors
Marc Goldwein said that AARP-sponsored plans can deny people coverage, take $6 in every $100 as profit directly to AARP, impose higher costs on seniors, and simultaneously drive up Medicare costs. ...
Fixing Social Security can address a major fiscal gap, Marc Goldwein notes
Marc Goldwein said a thoughtful Social Security fix has the potential to close half or more of the fiscal gap. He added that most of the remaining gap could be addressed with policies to lower ...
Marc Goldwein: Shift from overestimating to underestimating interest rates underway
Marc Goldwein observes a shift in the approach to interest rate projections, noting that the period of overestimating has ended. He indicates that the trend now leans toward underestimating ...
Saving Social Security is crucial for growth, Marc Goldwein notes
Marc Goldwein emphasizes the importance of saving Social Security to support economic growth. He references a new analysis from BudgetHawks featuring BudgetModel and ...
Marc Goldwein: Short-term debt cheaper but more long-term debt in 2010s through 2021 would help
Marc Goldwein assesses U.S. debt strategy, noting that while short-term debt is significantly cheaper than long-term debt, greater reliance on long-term issuance during the 2010s through 2021 ...
Inflation set to stay above target, Marc Goldwein notes
Marc Goldwein highlights that even if inflation comes to a halt for the remainder of the year, it will still end up well above the 2 percent target. His comment points to persistent inflationary ...
Marc Goldwein: One quick trick to control inflation and interest rates
Marc Goldwein proposes a simple solution to address inflation and interest rates. His comment highlights the search for a straightforward approach to manage key economic ...
