Tax Policy Center

super committee

Federal Budget and Economy: TaxVox
To the surprise of few , Congress’ super committee is on the brink of failure--unable to agree on $1.2 trillion in budget savings as required by last summer's debt limit deal. But the panel was doomed from the start. Here are five reasons why: The parties could not bridge their theological
November 21, 2011Howard Gleckman
Federal Budget and Economy: TaxVox
In the back-and-forth over deficit reduction on Capitol Hill, Republicans have floated the idea of cutting individual tax rates by 20 percent across the board. There is much more to their plan: Crucially, they’d also trim tax subsidies. However, they don’t say how, so my colleagues at the Tax
November 15, 2011Howard Gleckman
Federal Budget and Economy: TaxVox
Want to know what the Great Budget Debate of 2011 is really about? Ask Congressional Budget Office director Doug Elmendorf (who was a Tax Policy Center associate before joining CBO). In testimony to Congress’s fiscal super committee on Tuesday, Doug put the whole thing into a few simple sentences
September 15, 2011Howard Gleckman