Tax Policy Center

Debt Limit

Individual Taxes: TaxVox
Today I had the chance to testify before the Joint Economic Committee about a perennial challenge, the looming debt limit. Here are my opening remarks...
September 18, 2013Donald Marron
Federal Budget and Economy: TaxVox
“The White Whale swam before him as the monomaniac incarnation of all those malicious agencies which some deep men feel eating in them…All that most...
September 17, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
If Congress is going to reform the tax code, it will take an enormous amount of hard work and a lot of luck. The stars,...
June 13, 2013Howard Gleckman
Individual Taxes: TaxVox
The Congressional Budget Office released its latest Budget and Economic Outlook earlier this week. As always, the Outlook provides insight into the fiscal status of...
February 8, 2013William G. Gale
Federal Budget and Economy: TaxVox
On Wednesday, the House will vote on a bill to delay the upcoming debt limit showdown . The bill includes no spending cuts, no tax...
January 22, 2013Donald Marron
Federal Budget and Economy: TaxVox
There is an obvious solution to Washington’s perpetual budget crisis. But it is unlikely to happen because all the incentives—both political and economic—are completely wrong...
January 15, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
Jim Hamilton's Mock Up of a Trillion Dollar Coin Policy wonks are debating whether a trillion-dollar platinum coin would be a clever or insane way...
January 8, 2013Donald Marron
Federal Budget and Economy: TaxVox
In the end, it looks like Congress isn’t even going to kick the fiscal can down the road. Assuming the House passes the deal agreed...
January 1, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
If 2012 was the year of modest economic recovery and surprising Democratic election success, 2013 may be the year of perpetual fiscal policy crisis. After...
December 27, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
If Congressional gridlock sends the U.S. government tumbling over the fiscal cliff later this year, Americans could face an average tax hike of almost $3,500...
October 1, 2012Howard Gleckman