Tax Policy Center

Deficit

Federal Budget and Economy: TaxVox
In his new book, Dead Men Ruling , my Tax Policy Center colleague Gene Steuerle delivers a powerful indictment of the current epidemic of irresponsible fiscal policy. But Gene isn’t writing about deficits and today's economy. His focus is on the long-term political, social, and economic
May 13, 2014Howard Gleckman
Federal Budget and Economy: TaxVox
In the aftermath of the recent government shutdown and the painful negotiations that brought the country perilously close to defaulting on government debt, policy experts...
October 23, 2013William G. Gale
Federal Budget and Economy: TaxVox
Yesterday, Washington Post columnist Bob Samuelson urged lawmakers to “just eliminate…the whole notion of entitlements.” His provocative argument: The very word "entitlement" makes people believe...
October 22, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
The conventional wisdom is that next January, Congress and President Obama will be in exactly the same place they’ve been for most of the past...
October 17, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
Like Seinfeld, the classic 1990s TV comedy, Congress is increasingly about…nothing. If the agreement reached by Senate leaders this afternoon sticks (and given recent history,...
October 16, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
If you recently heard the news that Congress is debating the merits of raising the debt ceiling, don't think you have time-traveled back to 2011...
October 2, 2013William G. Gale
Federal Budget and Economy: TaxVox
Thanks to artificially low interest rates, the United States has been able to finance deficits exceeding $1 trillion every year from 2009 through 2012 at...
July 9, 2013Rudolph G. Penner
Individual Taxes: TaxVox
When policy folks talk about America’s federal borrowing, their go-to measures are the public debt, currently $12 trillion, and its ratio to gross domestic product,...
June 24, 2013Donald Marron
Federal Budget and Economy: TaxVox
The federal government has been borrowing rapidly to finance recent budget deficits. But that’s not the only reason it’s gone deeper into debt. Uncle Sam...
June 17, 2013Donald Marron
Campaigns, Proposals, and Reforms: TaxVox
President Obama’s 2014 budget arrived two months late and was declared DOA by the House GOP leadership days before they even saw it. Yet, it...
April 10, 2013Howard Gleckman