The new budget deal comes in two main parts. The first imposes cuts in discretionary spending of almost $1 trillion over the next decade. The...

Taxpayers who took the 2008 tax credit for new homebuyers were unhappy when Congress made the credit much more generous in 2009 . People who...

Every morning I read essentially the same story in my newspaper– the national debt has hit the legal limit, and unless the debt ceiling is...

Much has been made of TPC’s estimate that fully 46 percent of Americans will pay no federal individual income tax this year. Commentators have often...

Much has been written about how a failure to reach agreement on the federal debt limit would affect the economy and global financial markets. Lately,...

As my Tax Policy Center colleague Donald Marron noted the other day, trying to sort through the various baselines in the Gang of Six’s bipartisan...

The debt limit contretemps in Washington during these sweltering summer days threatens to end in financial disaster if Congress and the president can’t agree on...

The bipartisan deficit reduction plan proposed by the so-called “Gang of Six” senators includes very few specifics. Oddly, one would repeal the Community Living Assistance...

Here’s a quick multiple choice quiz about the Gang of Six’s new budget proposal. Over the next ten years, would the proposal: a. Cut taxes...

The Senate’s bipartisan on again/off again Gang of Six has proposed an ambitious tax and spending package that closely follows the plan offered six months...