2015 budget

Obama Would Simplify and Expand Spending and Tax Subsidies for Child Care

President Obama proposed three important changes to the way the federal government helps families with child care costs – increase direct subsidies for low-income families, increase tax credits for middle- and higher income families, and simplify the tax code (and offset some of the cost of the

January 22, 2015Elaine Maag

Federal Budget and Economy: TaxVox

The War on the IRS

The massive 2015 spending bill that President Obama is likely to sign this week continues an ongoing effort to trash the Internal Revenue Service. It is a cynical recipe for a self-fulfilling disaster: Give the agency more and more work. Cut its budget. Blame it for failing to do its job. Repeat.

December 16, 2014Howard Gleckman

Federal Budget and Economy: TaxVox

President Obama’s FY 2015 Budget

When President Obama proposed his 2015 budget last March, he vowed to cut taxes for working class Americans while making sure high income households pay their "fair share." New Tax Policy Center estimates show that, like it or not, Obama would do pretty much as he promised. Low-income households

July 2, 2014Roberton C. Williams

Federal Budget and Economy: TaxVox

House Republicans Punt on Tax Reform

The House Republican budget, released today by Budget Committee Chair Paul Ryan (R-WI), kicks the tax reform can down the road yet again. Not only does it fail to enhance chances for a tax code rewrite, it almost certainly sets the effort back. This budget isn’t so much an actual fiscal plan (the

April 1, 2014Howard Gleckman

Federal Budget and Economy: TaxVox

Fiscal Reality Check: Will Congress Pay for the Tax Extenders and the Doc Fix?

After it returns from Spring Break next week, Congress may face two big fiscal reality checks. It will have to decide whether to temporarily extend...

March 20, 2014Howard Gleckman

Federal Budget and Economy: TaxVox

A Tale of Three Agendas: Obama, Camp, and Ryan

Over the past week, three senior Washington lawmakers released foundational documents that describe both their agendas and their perspectives on government. On one level, they...

March 4, 2014Howard Gleckman