Tax Policy Center

Congressional Budget Office

Federal Budget and Economy: TaxVox
Back in the presidential campaign, candidate Donald Trump promised to eliminate the national debt in eight years. This goal was never plausible, even before Congress...
August 22, 2018Howard Gleckman
Individual Taxes: TaxVox
The Joint Committee on Taxation, Congressional Budget Office , and Tax Policy Center agree that, without significant changes, the House-passed tax bill (the Tax Cuts...
November 21, 2017Melissa M. Favreault
: TaxVox
How fast will the US economy grow? When mainstream forecasters consult their crystal balls, they typically see real economic growth around 2 percent annually over...
August 10, 2017Donald Marron
: TaxVox
The Congressional Budget Office released its Analysis of the President’s FY2018 Budget last week, estimating that the plan would reduce the federal budget deficit from...
July 18, 2017Frank Sammartino
Federal Budget and Economy: TaxVox
Much like the House-passed American Health Care Act (AHCA), the Senate leadership’s health bill includes a huge tax cut that mostly benefits the nation’s highest-income...
June 26, 2017Howard Gleckman
Individual Taxes: TaxVox
House Republicans are pushing for quick passage of The American Health Care Act (AHCA), which would modify or repeal many aspects of the Affordable Care...
March 10, 2017Benjamin R. Page
Federal Budget and Economy: TaxVox
On Monday, the Government Accountability Office (GAO) defended the current method for budgeting for federal lending programs, known as “credit reform.” By endorsing the status quo, GAO puts itself at odds with the Congressional Budget Office (CBO), which has championed a “fair value” alternative.
March 1, 2016Donald Marron
: TaxVox
Bernie Sanders: Medicare, and tax increases, for all. The Democratic presidential hopeful proposed a $1.38 trillion universal health care plan and the tax hikes aimed to pay for it, just before Sunday’s Democratic debate. Sanders would impose a 2.2 percent income-based premium on all households,
January 19, 2016Renu Zaretsky
: TaxVox
The CBO, the ACA, and the economy: Precision doesn’t mean accuracy. Last Friday, the Congressional Budget Office projected that repeal of the Affordable Care Act would add $137 billion to the national debt over 10 years but boost the economy. But the estimates came with a big warning: “[R]epealing
June 24, 2015Renu Zaretsky
Federal Budget and Economy: TaxVox
This is what the Congressional Budget office really said about the budgetary and economic effects of repealing the Affordable Care Act: It has no idea. That, of course, it not what the political partisans are saying in the wake of CBO’s Friday release of a report on this exceedingly controversial
June 23, 2015Howard Gleckman