Tax Policy Center

debt-GDP ratio

Federal Budget and Economy: TaxVox

CBO’s Grim Budget Forecast Underestimates The Nation’s True Fiscal Problems

CBO recently released new budget projections that incorporate the 2017 tax act and the 2018 spending deals. In a new paper with Alan J. Auerbach,...
April 23, 2018William G. GaleAaron Krupkin
: Daily Deduction

If You Tax It Will They Change?

“There’s no tax-driven move in baseball!” At least not for ace starting pitcher Max Scherzer. He recently signed to play for the Washington Nationals for $210 million and there’s been speculation that DC’s tax laws helped seal the deal. TPC’s Richard Auxier reminds us that taxes are a little like
January 28, 2015Renu Zaretsky
Federal Budget and Economy: TaxVox

New Evidence on Our Fiscal Status

CBO’s new budget projections are an opportunity to take stock of the country’s fiscal situation. At the risk of oversimplifying, the report contains one piece of good news, and two of bad news. The bottom line: The sky is not falling but policymakers have fallen short of solving the long-term
January 27, 2015William G. Gale