Tax Policy Center

CBO projections

: TaxVox
Were you surprised that the 2017 tax overhaul, commonly referred as the Tax Cuts and Jobs Act (TCJA), did not increase revenues in 2018? Probably...
March 13, 2019William G. GaleAaron Krupkin
: TaxVox
Proponents of the Tax Cut and Jobs Act (TCJA) claimed it would boost the US economy and generate higher incomes for the American people. At...
May 10, 2018Benjamin R. PageWilliam G. Gale
Federal Budget and Economy: TaxVox
In its April fiscal update , the Congressional Budget Office estimated that the Tax Cuts and Jobs Act (TCJA) would increase the federal debt by...
April 30, 2018Benjamin R. Page
Campaigns, Proposals, and Reforms: TaxVox
The Congressional Budget Office is always under pressure to do something differently, usually by lawmakers trying to get a more favorable budget score for their...
August 9, 2017Robert McClelland
: TaxVox
The House Freedom Caucus wants to eliminate the Budget Analysis Division at the Congressional Budget Office and rely on outside research organizations, including the Urban...
July 25, 2017Donald Marron
: TaxVox
President Trump’s proposed 2018 budget would result in deep cuts to federal payments to states. Federal funds currently account for nearly a third of state...
June 15, 2017Richard C. Auxier
Federal Budget and Economy: TaxVox
Last week’s Congressional Budget Office fiscal update largely focused on the dangers of rising spending on health care, Social Security, and interest on the debt. But it also projected a significant increase in federal revenues, almost entirely due to a big bump in individual income taxes. CBO
September 3, 2014Roberton C. Williams