budget deficit

The Delicate Deficit Dance That May Define Biden’s Presidency

It was fascinating to watch Treasury-secretary designate Janet Yellen and several Republican members of the Senate Finance Committee dance their delicate deficit dance at Yellen’s...

January 20, 2021Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Treasury Pick Yellen Likes Carbon Taxes and More Pandemic Relief, But Not The TCJA

Janet Yellen, president-elect Joe Biden’s pick for Treasury Secretary, would come to the job with largely predictable views on tax policy for a mainstream, center-left economist.

November 24, 2020Howard Gleckman

Federal Budget and Economy: TaxVox

How Will We Pay For All The Coronavirus Relief?

Perhaps it is a good time to start thinking about how the federal government is going to repay this new debt.

April 23, 2020Howard Gleckman

Federal Budget and Economy: TaxVox

No, The US Is Not Overtaxed

No, The US Is Not Overtaxed. Despite what you may have heard, Americans are taxed less than residents of almost any other major developed country...

August 20, 2019Howard Gleckman Aravind Boddupalli

Federal Budget and Economy: TaxVox

Seven Think Tanks Describe Their Vision Of Government, And How They’d Fund It

Yes, you can have an ambitious domestic policy agenda and a nearly balanced budget. You can, at least, if you are a think tank and...

June 13, 2019Howard Gleckman

Federal Budget and Economy: TaxVox

The Post-TCJA Economy Continues To Grow

The beginning of the US economy’s second year under the Tax Cuts and Jobs Act was largely positive, though some troubling signs lurked just beneath...

May 7, 2019Howard Gleckman Aravind Boddupalli

Federal Budget and Economy: TaxVox

A Tale Of Two Economies: Comparing Trump’s Economic Forecast With CBO’s

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

What 2018’s Economic Data Tell Us About The TCJA

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 Gleckman Aravind Boddupalli

Federal Budget and Economy: TaxVox

The Federal Deficit Is Headed For $1 Trillion. Should We Care?

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

(Not So) Happy Birthday to the Tax Cuts and Jobs Act

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