Tax Policy Center

budget deficit

Federal Budget and Economy: TaxVox
A Tale Of Two Economies: Comparing Trump’s Economic Forecast With CBO’s President Trump’s 2020 budget is based upon an extremely optimistic view of the nation’s...
March 13, 2019Howard Gleckman
Federal Budget and Economy: TaxVox
We now have a full year of data about the state of the US economy since President Trump signed the 2017 Tax Cuts and Jobs...
March 4, 2019Howard GleckmanAravind Boddupalli
Federal Budget and Economy: TaxVox
In its annual budget update, the Congressional Budget Office projected yesterday that under current law the federal deficit is headed for $1 trillion by 2022...
January 29, 2019Howard Gleckman
: TaxVox
On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act (TCJA), the biggest tax overhaul in the United States in...
December 19, 2018William G. Gale
Federal Budget and Economy: TaxVox
President Trump, who sees himself as the toughest guy in the room, is, along with his GOP allies in Congress, disarming the federal government’s ability...
February 14, 2018Howard Gleckman
Federal Budget and Economy: TaxVox
For decades, a guiding principle for many conservatives was that tax cuts not only boost the economy directly but also by shrinking the size of...
February 6, 2018Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
At his Senate Finance Committee confirmation hearing today , Steven Mnuchin, President-elect Trump’s choice to head the Treasury Department, seemed somewhat confused about the Tax...
January 19, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
The Tax Policy Center, with the help of the Penn-Wharton Budget Model (PWBM), found that in the short-run Hillary Clinton’s tax increases would slow the...
October 21, 2016Leonard E. Burman
Campaigns, Proposals, and Reforms: TaxVox
The Congressional Budget Office’s long term budget outlook is a curious document. On one hand, a 30-year fiscal forecast will almost certainly be wrong. But...
July 12, 2016Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
Sanders’s Domestic Program Would Help Most Households, But Add More Than $18 Trillion to the Debt. Most American families would receive new government benefits that would exceed their higher taxes under the domestic policy agenda of Democratic Presidential hopeful Bernie Sanders. But even though
May 9, 2016Howard Gleckman