CBO budget outlook

CBO’s Latest Budget Estimates May Make Extending The TCJA More Complicated

The Congressional Budget Office’s latest fiscal update is filled with terrifying numbers: The projected deficit for this fiscal year will hit 7 percent of Gross...

June 24, 2024Howard Gleckman

: TaxVox

Could Better Government Have Lowered Pandemic Deaths by 100,000 or Reduced Costs by a Trillion Dollars?

It never is easy for government to respond to crises, especially one as big and far-reaching as the COVID-19 pandemic. Yet, a better policymaking process...

March 1, 2021C. Eugene Steuerle

Federal Budget and Economy: TaxVox

Five Take-Aways From CBO’s Budget Outlook

The headline from the updated budget and economic outlook released yesterday by the Congressional Budget Office was no surprise: The combination of the tax cuts...

April 10, 2018Howard Gleckman

: TaxVox

The Fiscal Picture Is Worse Than It Looks – And It Looks Bad

On the surface, CBO’s new projections of the federal debt and deficits over the next 10 years paint a troubling picture. But, dig deeper and...

April 10, 2018William G. Gale

: TaxVox

Tax Action: The Quick, the Clever, and the Familiar

Treasury calls for quick Congressional action, because Congress is known to be… quick. Secretary Jack Lew asked top congressional tax writers to act now to end corporate inversions, and make such legislation retroactive to May of this year, giving Congress time to reform the corporate tax system .

July 17, 2014Renu Zaretsky