Tax Policy Center

Debt Limit

Federal Budget and Economy: TaxVox
On Wednesday, the House will vote on a bill to delay the upcoming debt limit showdown . The bill includes no spending cuts, no tax...
January 22, 2013Donald Marron
Federal Budget and Economy: TaxVox
There is an obvious solution to Washington’s perpetual budget crisis. But it is unlikely to happen because all the incentives—both political and economic—are completely wrong...
January 15, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
Jim Hamilton's Mock Up of a Trillion Dollar Coin Policy wonks are debating whether a trillion-dollar platinum coin would be a clever or insane way...
January 8, 2013Donald Marron
Federal Budget and Economy: TaxVox
In the end, it looks like Congress isn’t even going to kick the fiscal can down the road. Assuming the House passes the deal agreed...
January 1, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
If 2012 was the year of modest economic recovery and surprising Democratic election success, 2013 may be the year of perpetual fiscal policy crisis. After...
December 27, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
If Congressional gridlock sends the U.S. government tumbling over the fiscal cliff later this year, Americans could face an average tax hike of almost $3,500...
October 1, 2012Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
President Obama today urged Congress to extend the 2001/2003 tax cuts for households making $250,000 or less and insisted lawmakers let those provisions expire for...
July 9, 2012Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
Over the past week or so, Bill Clinton, Larry Summers, and Glenn Hubbard have all made the same suggestion: Congress should extend all of the...
June 7, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
By now, you know the great taxmageddon story: At the end of the year, a lame duck Congress and a new or newly re-elected president...
May 24, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
Listening to Barack Obama and John Boehner over the past few days put me in mind of two testosterone-addled 22-year olds preparing for a bar...
May 17, 2012Howard Gleckman