New Data Reveal Climate Change-Driven Insurance Crisis is Spreading
Washington, D.C.—Today, Senator Sheldon Whitehouse (D-RI), Chairman of the Senate Budget Committee, released a first-of-its kind public dataset and accompanying staff report that expose the scale of the climate change-driven crisis in homeowners’ insurance. With this release, the Committee makes publicly available—for the first time—an accounting of insurance non-renewals at the county level from all […]
Budget Committee Releases Sweeping New Report Highlighting Economic, Budgetary Costs of Climate Change
Washington, D.C.—Today, the Senate Budget Committee released a new report examining the economic dangers and budgetary costs of climate change. Across 19 hearings during the 118th Congress, the Budget Committee heard testimony from economists, central bankers, actuaries, insurance industry analysts, scientists, health care providers, farmers, academics, state and local government leaders, national security experts, and […]
Next to Fall – The Climate-Driven Insurance Crisis is Here and Getting Worse
2024 Homeowners’ Insurance Non-Renewal Data_Senate Budget Committee
Uncovering the Economic Costs of Climate Change
test1
Democrats’ Health Care Proposals Would Make Sure 400,000 Additional Kids Receive Health Care, Boost Economic Growth, CBO Finds
Washington, D.C.—According to a new estimate from the nonpartisan Congressional Budget Office (CBO), Democrats’ proposals to expand health care for children would extend Medicaid and Children’s Health Insurance Program (CHIP) coverage to 400,000 more children each year and increase U.S. gross domestic product by $31 billion in the long term. In 2024, Medicaid provided health […]
Debt Ceiling Process Needlessly Exposes United States to Substantial Default Risk, Warns GAO
Washington, D.C. – The current debt ceiling process “exposes the country to an unnecessary risk of default,” concluded a new report published today by the Government Accountability Office (GAO). Because spending and revenue decisions are separated from Treasury’s borrowing authority, and because Republicans frequently play political games with the debt ceiling, the United States faces […]
Economist
Extending Trump’s Tax Cuts for the Wealthy Will Shrink the Economy, CBO Finds
Washington, D.C. – In a new dynamic estimate of the Trump tax law, the nonpartisan Congressional Budget Office (CBO) found that another round of Trump’s tax cuts for the ultrarich will shrink the United States economy over the long term. As Congress gears up for the 2025 tax debate, Republicans are pushing for even more […]