Tax Policy Center

spending caps

Federal Budget and Economy: TaxVox

The Debt Limit Battle Produced Plenty of Drama But Few Budget Cuts

House Speaker Kevin McCarthy (R-CA) and President Joe Biden reached an agreement over the weekend to limit spending for a small fraction of the federal...
May 31, 2023Howard Gleckman
State and Local Issues: TaxVox

Fixing Connecticut’s Budget Woes? Tread Carefully When Implementing New Fiscal Controls

Late last October, Governor Dan Malloy approved a two-year $40.2 billion budget for Connecticut more than 100 days after the fiscal year began. A strongly...
March 9, 2018Kim S. Rueben
: TaxVox

Budget Battles and Filing Follies: The Sagas Continue

As the GOP gears up to make peace between House and Senate budgets, Senator Bernie Sanders has an idea about war funding. The GOP Congress will need to reconcile their budgets in the next several weeks—for the first time in a decade. They want to come together to repeal and offer an alternative to
March 23, 2015Renu Zaretsky
Federal Budget and Economy: TaxVox

Spending Caps, Medicare Vouchers, and Magical Thinking

Want to know why caps on federal spending will never work? Just take a look at proposed Medicare vouchers that are included in the House-passed...
May 10, 2011Howard Gleckman