Tax Policy Center

Debt Limit

Federal Budget and Economy: TaxVox

What Would the Gang of Six Really Do to Taxes?

As my Tax Policy Center colleague Donald Marron noted the other day, trying to sort through the various baselines in the Gang of Six’s bipartisan...
July 22, 2011Howard Gleckman
Individual Taxes: TaxVox

The Senate Gang of Six’s Budget Plan Aims at Taxes

The Senate’s bipartisan on again/off again Gang of Six has proposed an ambitious tax and spending package that closely follows the plan offered six months...
July 20, 2011Howard Gleckman
Federal Budget and Economy: TaxVox

Tom Coburn: Tax Subsidies Are Socialism

Give Sen. Tom Coburn(R-OK) credit. In a city where obfuscation and misdirection are the coin of the realm, the conservative Republican lets you know exactly...
July 19, 2011Howard Gleckman
Federal Budget and Economy: TaxVox

Let's Eliminate the Debt Limit

My latest column at the Christian Science Monitor : America's leaders need to get to yes on a budget deal – one that marries substantial...
July 18, 2011Donald Marron
Federal Budget and Economy: TaxVox

Debt Limit Madness

Let me see if I have this right: Senate Republican Leader Mitch McConnell (R-KY) has effectively embraced the debt limit plan first offered months ago...
July 14, 2011Howard Gleckman
Federal Budget and Economy: TaxVox

John Boehner’s Moment of Truth

In July 2000, under immense pressure from President Clinton, the Israeli government made Yasser Arafat a remarkable offer: It would recognize a Palestinian state that...
July 12, 2011Howard Gleckman
Individual Taxes: TaxVox

Hiking Taxes on Corporate Jets: Obama’s Version of Waste, Fraud, and Abuse

President Obama’s proposal to raise taxes on corporate jets is the Democratic version of “waste, fraud and abuse”—a political attack on a target of opportunity...
July 5, 2011Howard Gleckman
Federal Budget and Economy: TaxVox

Spending in Disguise

Republicans are demanding a deficit-reduction package that’s entirely spending cuts. Democrats insist that revenues must also be included. Are these positions completely irreconcilable? Not if...
June 29, 2011Donald Marron
Federal Budget and Economy: TaxVox

Financial Markets Snooze Though the Deficit and Debt Debate

Fiscal hawks (including me) often warn about what would happen to financial markets if Washington doesn’t get the deficit under control, and, worse, can’t manage...
June 28, 2011Howard Gleckman
Federal Budget and Economy: TaxVox

The Day the United States Defaulted on Treasury Bills

Since the day of Alexander Hamilton, the United States has never defaulted on the federal debt. That’s what we budget-watchers always say. It’s a great...
May 26, 2011Donald Marron