Senior Fellow Eugene Steuerle explains how the budget deal that will likely be reached will remain short of its goals, due to numerous technical difficulties in reaching numerical targets in the deal.
The authors examine domestic spending over the 20th century to examine the factors that fueled it. A table highlights the change in federal domestic spending outlays as a percent of gross domestic product by presidential term. The following questions are discussed: (1) What is the relationship...
Because Social Security spends tax collections almost immediately, rather than putting them aside to fund future retirement costs, it is believed by many to reduce net national saving at a time when other private and public saving are considered too low. This low savings rate coincides with a...
Straying from Tax Policy Principles
Senior Fellow Eugene Steuerle discusses the challenges and necessity of following a set of principles in developing optimal tax policy.
What Are Those Tax Forms Going to Look Like?
Senior Fellow Eugene Steuerle paints a picture of future complexity offered by new tax breaks.
Taxing the Elderly on Their Medicare Benefits
Senior Fellow Eugene Steuerle examines prospects for Medicare reform.
Cheating the Earned Income Tax Credit
Senior Fellow Eugene Steuerle suggests that problems facing the Earned Income Tax Credit should not attempted to be solved in isolation.
Child Credits: Opportunity at the Door
Senior Fellow Eugene Steuerle suggests modifications to the child credit that could improve tax, health, and welfare policy.
Pulling Off the Budget Deal: A Long Way To Go
Senior Fellow Eugene Steuerle explains how the budget deal that will likely be reached will remain short of its goals, due to numerous technical difficulties in reaching numerical targets in the deal.
Revenue Options for Reducing the Deficit
Senior Fellow Eugene Steuerle reveals the details - and difficulties - in the CBO's plan to reduce the deficit.
The Big-Spending Presidents
The authors examine domestic spending over the 20th century to examine the factors that fueled it. A table highlights the change in federal domestic spending outlays as a percent of gross domestic product by presidential term. The following questions are discussed: (1) What is the relationship...
Drafting Changes in Programs Based on the CPI
Senior Fellow Eugene Steuerle reveals key issues ignored by the press in the current legislative debates over adjusting the Consumer Price Index.
Mandated Saving and the Fallacy of Aggregation
Because Social Security spends tax collections almost immediately, rather than putting them aside to fund future retirement costs, it is believed by many to reduce net national saving at a time when other private and public saving are considered too low. This low savings rate coincides with a...