Last week, Congress and President Trump enacted the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act, the largest aid package in American history...
The Congressional Budget Office just projected a series of $1 trillion budget deficits—as far as the eye can see. Narrowing that deficit will require not...
Martin Feldstein, who died earlier this week, was an intellectual giant who transformed modern public finance and tax policy analysis. He also was a kind,...
As the partial shutdown of the federal government enters its 17th day, the stakes are rising. Shutdowns have numerous negative economic and political effects, but...
The return of divided government and the early stages of the next presidential election create enormous uncertainty about how 2019 will go. As Yogi Berra...
The Tax Cuts and Jobs Act (TCJA) will cut taxes by almost $1.5 trillion over the next decade, largely benefiting corporations, pass-through businesses such as...
The centerpiece of the new tax law is a cut in the corporate tax rate from 35 percent to 21 percent. Proponents promise the lower rate will bring jobs and investment to the United States and boost economic growth significantly.
The Trump Administration claims that the tax cut going through the House and Senate will significantly boost the overall growth rate of the U.S. economy...
The new bill introduced by the House Ways and Means Committee would significantly downsize the mortgage interest deduction. Although this is sure to cause controversy,...
