Tax Policy Center

budget deficits

: TaxVox
The return of divided government and the early stages of the next presidential election create enormous uncertainty about how 2019 will go. As Yogi Berra...
January 4, 2019William G. GaleMark J. Mazur
Federal Budget and Economy: TaxVox
TaxVox is continuing to track a set of economic indicators to see whether the Tax Cuts and Jobs Act has, in President Trump’s words, created...
November 2, 2018Howard GleckmanAravind Boddupalli
Federal Budget and Economy: TaxVox
The US—with a projected 2018 federal budget deficit of 4 percent of Gross Domestic Product and an economy running at close to full employment-- just...
February 22, 2018Howard Gleckman
Federal Budget and Economy: TaxVox
Do deficits, or at least currently projected deficits, matter? It is an age-old question that’s going to get renewed attention in a Congress where Republicans have made no secret of their desire to cut government spending. Of course, cutting spending is not the same thing as reducing the deficit.
January 13, 2015Howard Gleckman