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Tag: One Big Beautiful Bill Act

Un reloj marca el tiempo hacia abajo con reducción de deuda durante 10 años.
Technology

Why is a shorter timeline for forgiveness beneficial for borrowers with low or no remaining balance in student loans?

The reduction of the forgiveness timeline for student loan borrowers with low balances benefits those struggling to pay off small debt. The approach is cost-effective and addresses debt aversion, limiting excessive indebtedness. Although multiple repayment timelines add complexity, a shorter horizon could be low-cost and benefit low-income borrowers, requiring further analysis to quantify these trade-offs.

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October 8, 2025
Gráficos y mapas que ilustran el impacto de OBBBA en los requisitos de trabajo de SNAP.
Globalization

Analyzing SNAP Work Requirement Waivers Using OBBBA Rules During the Great Recession

The application of OBBBA rules to the 2008 Economic Recession evaluated the waiver of work requirements in the Supplemental Nutrition Assistance Program (SNAP). The One Big Beautiful Bill Act exposes more SNAP participants to work requirements and changes the exemption criteria, making it harder to get a waiver by location and establishing a 10% unemployment rate as a key criterion, affecting SNAP’s ability to function as a countercyclical program.

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October 8, 2025
Los gráficos de barras comparan la opinión pública con los resultados de la legislación tributaria.
Globalization

When Tax Laws Challenge Public Opinion: Insights from OBBBA

The One Big Beautiful Bill Act (OBBBA) of 2025, passed with public opposition, generated fiscal imbalances and cut key programs. The discrepancy between fiscal standards and what is seen by citizens was due to the fact that the majority of funding comes from wealthy citizens. However, other projects such as Connecticut’s Citizens’ Election Program, with public financing for campaigns, demonstrate the possibility of aligning legislation with public opinion.

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August 19, 2025
El mapa muestra la participación de los estados, billetes de dólares y edificios escolares.
Globalization

The OBBBA’s Tax-Credit Scholarship Program: Worth Considering Despite Its Challenges

The OBBBA tax credit scholarship program, although flawed, offers federal funding for education to states that wish to participate. Last-minute changes allowed states to control their participation, avoiding privileged donations. State leaders must decide whether to seize this opportunity, which would compete for Republican and Democratic support without knowing all the details of its impact.

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August 5, 2025