Tax Policy Center

Deficit

Federal Budget and Economy: TaxVox
Yesterday, Washington Post columnist Bob Samuelson urged lawmakers to “just eliminate…the whole notion of entitlements.” His provocative argument: The very word "entitlement" makes people believe...
October 22, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
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
Like Seinfeld, the classic 1990s TV comedy, Congress is increasingly about…nothing. If the agreement reached by Senate leaders this afternoon sticks (and given recent history,...
October 16, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
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
Federal Budget and Economy: TaxVox
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
When policy folks talk about America’s federal borrowing, their go-to measures are the public debt, currently $12 trillion, and its ratio to gross domestic product,...
June 24, 2013Donald Marron
Federal Budget and Economy: TaxVox
The federal government has been borrowing rapidly to finance recent budget deficits. But that’s not the only reason it’s gone deeper into debt. Uncle Sam...
June 17, 2013Donald Marron
Campaigns, Proposals, and Reforms: TaxVox
President Obama’s 2014 budget arrived two months late and was declared DOA by the House GOP leadership days before they even saw it. Yet, it...
April 10, 2013Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
You probably read stories over the weekend about how the Senate passed a 2014 budget just before dawn on Saturday morning, a day after the...
March 25, 2013Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
The Senate Democrats’ budget, like the House version, rips unfair and inefficient tax preferences that litter the revenue code. But the tax provisions of the...
March 21, 2013Howard Gleckman