With rapid increases in entitlement spending just over the horizon, now is the time to get deficits down and national saving up, senior fellow Edward Gramlich told the House Budget Committee.

In testimony before the U.S. Senate Budget Committee, senior fellow C. Eugene Steuerle explained how, in recent decades, the government has wound a straightjacket around federal spending and tax subsidies. The main culprits have been in the broad areas of retirement, health, and taxation. Left...

The recent fiscal situation and the intermediate-term budget outlook may appear relatively benign, Urban Institute President Robert Reischauer told the Senate Budget Committee, but deficits and debt will gradually grow to unprecedented and unsustainable levels if current tax and spending...

C. Eugene Steuerle gave testimony on the taxation of carried interest before the U.S. House Committee on Ways and Means. He notes among his findings that as a matter of both efficiency and equity, capital gains relief is best targeted where tax rates are high, as in the case of the double...

In testimony before the Senate Budget Committee, UI's president and former director of the Congressional Budget Office, discusses remedies for the nation's two serious --and diametrically opposed --fiscal challenges: the immediate, short-run problems of economic recession, and the issue of long-...

The prevalent theme in recent discussions of stimulus is that the risk of doing too little exceeds the risk that we shall do too much. But we must ask how much of too much we can tolerate. The risks of overdoing it are severe and are not emphasized enough in the current discussion. The main...

Urban Institute Senior Fellow, C. Eugene Steuerle, testifies before the U.S. House of Representatives Committee on the Budget, making recommendations on the Trustees Report on Social Security.

Ted Gayer testified before the Senate Energy Committee that a carbon tax is the most economically efficient way to address climate change. While it might be politically unpopular, he says, it is well worth considering because it helps generate public revenues that can be used to offset...

In this testimony before the Senate Finance Committee, Len Burman outlines some of the challenges facing the middle class in 2014 and explores policy options that might help better equip them to meet those challenges, including improving access to higher education and job training and...

Gene Steuerle testifies before the House Subcommittees on Human Resources and Select Revenue Measures on the true marginal tax rates facing low- and moderate-income families. The nations real tax system includes not just the direct statutory rates explicit in the income tax and the Social...