Tax Policy Center

Medicare

Federal Budget and Economy: TaxVox
There is a lot less than meets the eye to the budget deal agreed to last night by outgoing House Speaker John Boehner and the White House. The plan’s proposed new spending is real enough, but many of the spending reductions or new revenues in the plan are wishful thinking at best. Overall, the
October 27, 2015Howard Gleckman
Individual Taxes: TaxVox
The other day, the Census Bureau put out a new report that concluded about one-in-five Americans received government benefits in 2012. But the study, called Dynamics of Economic Well-Being: Participation in Government Programs, 2009–2012: Who Gets Assistance, takes a far too narrow view about who
June 4, 2015Howard Gleckman
Federal Budget and Economy: TaxVox
As you listen to House Democrats and Republicans sing kumbaya over their bipartisan agreement to fix the Medicare physician payment syste m, keep one thing in mind: The doc fix doesn’t fix much, and what it does repair likely will add hundreds of billions of dollars to the debt in coming years. The
March 26, 2015Howard Gleckman
Federal Budget and Economy: TaxVox
Without changes in the law, health care, Social Security, and interest on the debt will eat up 85 percent of all new federal government spending over the next 10 years, according to the latest estimates by the Congressional Budget Office. By contrast, CBO expects most of the rest of government,
August 28, 2014Howard Gleckman
Federal Budget and Economy: TaxVox
After it returns from Spring Break next week, Congress may face two big fiscal reality checks. It will have to decide whether to temporarily extend...
March 20, 2014Howard Gleckman
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
Treasury Secretary Jack Lew has notified Congress that the U.S. government will reach the limits of its ability to borrow in mid-October. Lew’s letter sounds...
August 27, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
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
Federal Budget and Economy: TaxVox
House Republicans say they want to balance the budget in a decade with only spending cuts and no tax hikes. In his state of the...
February 12, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
In one of the more dangerous fiscal developments of recent months, some on the left are defining successful deficit reduction as merely stabilizing the federal...
February 1, 2013Rudolph G. Penner