Tax Policy Center

Debt Limit

Federal Budget and Economy: TaxVox

2013 May Be the Year of Perpetual Fiscal Crisis

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 Congress Goes Over the Fiscal Cliff Your Taxes Will Likely Go Up

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

Obama Proposes Nothing Radical on Taxes. Too Bad.

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

Should We Delay the Tax Cut Debate Until Early 2013?

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

How a Delay in the Debt Limit Will Change America’s Fiscal Politics

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

The Boehner/Obama Fiscal Brawl

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
Federal Budget and Economy: TaxVox

Ryan Would Shift the Fiscal Burden to Low and Middle-Income Households

The budget proposal House Budget Committee Chairman Paul Ryan (R-WI) released last week is, essentially, an effort to have low- and middle-class households bear the...
March 27, 2012William G. Gale
Individual Taxes: TaxVox

Congress Is Back, and So Are Its Battles Over Tax and Budget Policy

The least popular Congress in memory is back. I, personally, am thrilled. After a year in which lawmakers did almost nothing besides (barely) keeping the...
January 17, 2012Howard Gleckman
Individual Taxes: TaxVox

Whatever Happened to All Those Expiring Tax Breaks?

In two days, 53 targeted tax breaks will, officially at least, die. By the congressional Joint Committee on Taxation’s count , that’s the number of...
December 29, 2011Howard Gleckman
Individual Taxes: TaxVox

The Tax Vox 2011 Lump of Coal Award: Kicking the Can Edition

Welcome to Tax Vox’s fifth annual Lump of Coal Award recognizing 2011’s ten worst moments in fiscal policy. It is hard to imagine so much...
December 22, 2011Howard Gleckman