Tax Policy Center

CBO

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
Individual Taxes: TaxVox

Who Benefits from Tax Preferences? You Do.

The Congressional Budget Office report on the distribution of tax expenditures is getting lots of buzz, nearly all of it positive. This is a gratifying...
May 30, 2013Howard Gleckman
Federal Budget and Economy: TaxVox

Immigration, Dynamic Scoring, and CBO

Immigration policy poses an unusual challenge for the Congressional Budget Office and the Joint Committee on Taxation. If Congress allows more people into the United...
May 3, 2013Donald Marron
Federal Budget and Economy: TaxVox

Changing Government's Inflation Measure Would Raise Taxes as Much as it Would Cut Spending

Changing the way government adjusts spending and taxes for inflation is one of those issues that continues to hang around the edges of the budget...
March 5, 2013Howard Gleckman
Federal Budget and Economy: TaxVox

Bowles-Simpson II: A New Plan to Avoid the Sequester

With 10 days to go until the dreaded sequester—the automatic across-the-board spending cuts that most lawmakers profess to hate—the Washington drama machine is starting to...
February 19, 2013Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Can the Income Tax Fund the Government We Want?

Can the income tax fund the government we seem to want? Probably not. Will lawmakers create a revenue system that will? Not anytime soon. That...
February 5, 2013Howard Gleckman
Individual Taxes: TaxVox

How to Cut the Charitable Deduction Without Reducing Giving

If income tax deductions are capped or limited—an idea that often comes up in the debate over both the fiscal cliff and long-run tax reform—the...
December 5, 2012Howard Gleckman
Federal Budget and Economy: TaxVox

Gloom or Doom from CBO

The Congressional Budget Office’s summer budget update charts two undesirable paths for the nation’s economic and fiscal health next year. Call them Gloom and Doom...
August 23, 2012Roberton C. Williams
Federal Budget and Economy: TaxVox

Will the 2010 Health Law Cut the Deficit or Add to It?

In a new study , Chuck Blahous, who is a public trustee for Medicare and Social Security, concludes that the 2010 health law will add...
April 10, 2012Howard Gleckman
Federal Budget and Economy: TaxVox

The Budget Message Paul Ryan Really Sent

Paul Ryan may not have intended it, but his 2013 budget is the strongest argument I’ve seen for why any serious fiscal plan must include...
March 22, 2012Howard Gleckman