That’s the present value of all US government spending promises minus expected revenues – projected indefinitely into the future – and calculated in 2019 dollars.
![What We Owe: $239 Trillion](https://www.goodmaninstitute.org/wp-content/uploads/2018/03/1stquarter2018-2.jpg)
That’s the present value of all US government spending promises minus expected revenues – projected indefinitely into the future – and calculated in 2019 dollars.
The Goodman Institute, more than any other think tank in the country, made a significant difference in 2018 in two areas: taxes and health care.
In the third quarter of 2018, the Goodman Institute continued to defend the tax reform bill against its critics. We are also continuing to work with members of Congress to find a alternative to Obamacare.
In the second quarter of 2018, the Goodman Institute continued to defend the tax reform bill against its critics. We are also continuing to work with members of Congress to find a replacement to Obamacare before the next election.
A new study by economists who were the source of key ideas in last year’s tax reform legislation suggests the reform is better than what has been reported.
The original Ryan/Brady tax reform was largely the brainchild of Goodman Institute economists Alan Auerbach (Berkeley) and Laurence Kotlikoff (Boston University).
There are three troubling trends affecting how Americans work and earn a living: (1) the rise of the robot economy, (2) the rise of the gig economy and (3) the increasingly arbitrary way in which people get access to what we used to call employee benefits.
The idea behind Health Savings Accounts (HSAs) is a simple one: Instead of giving all our health care dollars to a third party (employer, heath insurance company or the government), we can put some of those dollars in an account that we own and control.
The cause of the most serious problems in Obamacare can be summarized in a single word: Dumping.
High deductibles are a fact of life. They are becoming higher and more prevalent with each passing day.