Shai Akabas

Fun profile of @USCBO Director @pswagel in Fortune today, with The Cheesecake Factory prominently featured fortune.com/2026/04/20/dir…

This is a large and growing societal issue. An increased gambling tax could raise revenue both for deficit reduction and for additional funds to combat addiction. @BPC_Bipartisan write-ups here: share.google/ccmfP2OpEuQ0qT… share.google/WkkbqxiUHo8ENk…

Join us on April 23, 2026, for our ASEC Spring Summit: Building Financial Resilience in a High Cost-of-Living Economy. This collaborative forum will bring together researchers, policymakers, industry leaders, and practitioners to exchange insights, elevate emerging ideas, and identify actionable pathways forward. We are pleased to host a distinguished group of speakers, so register now.

New from Aaron Till and I @BPC_Bipartisan: 24% of 2026 tax returns had claimed OBBB's overtime deduction as of mid-March. But there are tricky issues waiting around the corner, including on employer reporting and the law's FLSA restrictions. More: bipartisanpolicy.org/explainer/no-t…

New from my colleague Fred Hernandez and I @BPC_Bipartisan: should Congress increase taxes on sports betting? @The_Budget_Lab recently scored our 5% excise tax option as raising nearly $100B over 10. We dive in, with a 👀 at prediction markets as well. bipartisanpolicy.org/issue-brief/sh…

New from @te_sprick and I: There's a large, underdiscussed, and bipartisan trend toward new tax-advantaged savings account proposals underway in Congress. But what would happen if we brought half a dozen new accounts online in short order? We explore: bipartisanpolicy.org/issue-brief/a-…

Glad to see @RepJasonSmith eying bipart reforms! We @BPC_Bipartisan have written about what we see as 3 major tax items up for bipartisan action... - Highway bill: bipartisanpolicy.org/issue-brief/op… - IRS/tax admin: bipartisanpolicy.org/article/promis… - Digital assets/crypto: bipartisanpolicy.org/issue-brief/ho…

No doubt one of the most important SCOTUS rulings for tariff, tax, and fiscal policy in years. What's Plan B for the administration? @BPC_Bipartisan looks at a few potential routes below:

New from us @BPC_Bipartisan: Rs and Ds haven't exactly agreed on everything in the tax space over the past year. But there's some great work underway on IRS reform and modernization. We highlight efforts by @SenFinance @SenateFinance here: bipartisanpolicy.org/article/promis…

One measure I check every baseline: the share of our federal revenues going to interest payments on our debt. This year, it's just short of $1 for every $5. That rises to 1 of 4 in 2035, and in 1 in 3 by 2050. One of every three tax dollars, just for interest on the debt.

An important omission from TL;DR up front: Just because the outlook hasn't changed doesn't make it OK. As we and others like @BudgetHawks have warned for many years, it is in fact very, very alarming! This debt will continue to slow growth, raise prices, and raise interest costs

For the full rundown, see our summary of the full outlook and stay tuned for more analysis: bipartisanpolicy.org/explainer/the-…

We @BPC_Bipartisan have you covered w/ the latest on today's @USCBO budget & economic outlook TL;DR--the One Big Beautiful Bill Act's deficit increase is mostly offset by projected tariff revenue, so the trajectory is similar to last year's, w/ debt in 2036 reaching 120% of GDP

🚨 The @USCBO is out today with new budget projections, and it’s another warning sign that we are on an unsustainable fiscal trajectory. Out-of-control debt and deficits are adding to the cost-of-living challenges that Americans are facing across the country. Read the full statement from BPC’s @jwingateburks on how lawmakers can work together for a better path forward: ow.ly/maMb50YcQzG

Good concise explanation from @leddalhlwee on why our large and growing federal deficits are particularly concerning at this moment wsj.com/video/citadel-…

New from us @BPC_Bipartisan: crypto tax policy is a hot topic on Capitol Hill right now. We're not crypto experts here, but we have some broad thoughts on how lawmakers should be thinking about de minimis, mining/staking, and more: bipartisanpolicy.org/issue-brief/ho…

The Fed can’t safeguard the economy on its own. This @nytimes op-ed from @BCAppelbaum is a stark warning: runaway US borrowing risks debt (not policy) dictating outcomes. There’s still time for Congress to work together to get our fiscal house in order 🔗nytimes.com/2026/01/30/opi…

Former Fed chairs and Treasury secretaries put out a statement on Monday defending Powell after the Justice Department opened up a criminal investigation of the chair, likening the move to what happens in emerging markets jointstatement.substack.com/p/statement-on…