Tax Policy Center

budget

Individual Taxes: TaxVox

Time to Fix the Budget Process

Congressional negotiators are trying to craft a budget deal by mid-December. Fareed Zakaria’s Global Public Square asked twelve experts what they hoped that deal would...
November 4, 2013Donald Marron
Federal Budget and Economy: TaxVox

As Budget Talks Start, Beware the Bogus Revenue Hikes

As House and Senate budget negotiators sit down (eight months late), the inevitable issue of new revenues has already raised its head. Predictably, Democrats insist...
October 31, 2013Howard Gleckman
Federal Budget and Economy: TaxVox

The Illogic of the McConnell Debt Limit Rule

In the aftermath of the recent government shutdown and the painful negotiations that brought the country perilously close to defaulting on government debt, policy experts...
October 23, 2013William G. Gale
Federal Budget and Economy: TaxVox

One Modest Path to a No-Drama Budget Deal

The conventional wisdom is that next January, Congress and President Obama will be in exactly the same place they’ve been for most of the past...
October 17, 2013Howard Gleckman
Federal Budget and Economy: TaxVox

It's Groundhog Day Over the Debt Ceiling

If you recently heard the news that Congress is debating the merits of raising the debt ceiling, don't think you have time-traveled back to 2011...
October 2, 2013William G. Gale
Individual Taxes: TaxVox

The Costs of Debt Limit Brinksmanship

Today I had the chance to testify before the Joint Economic Committee about a perennial challenge, the looming debt limit. Here are my opening remarks...
September 18, 2013Donald Marron
Individual Taxes: TaxVox

The Fed and America’s Debt

Is the Federal Reserve part of the government? You might think so, but you wouldn’t know it from the way we talk about America’s debt...
July 15, 2013Donald Marron
Federal Budget and Economy: TaxVox

Are Low Interest Rates Masking Future Deficits?

Thanks to artificially low interest rates, the United States has been able to finance deficits exceeding $1 trillion every year from 2009 through 2012 at...
July 9, 2013Rudolph G. Penner
Federal Budget and Economy: TaxVox

Smart Tax Reform Could Shrink the Government

Max Baucus and Dave Camp, leaders of the Senate and House tax-writing committees, are on the road promoting tax simplification. One goal: cleaning out the...
July 8, 2013Donald Marron
Federal Budget and Economy: TaxVox

Tax Reform Bumps Into More Political Reality

If Congress is going to reform the tax code, it will take an enormous amount of hard work and a lot of luck. The stars,...
June 13, 2013Howard Gleckman