Tax Policy Center

fiscal policy

Federal Budget and Economy: TaxVox
Federal lawmakers have found many ways to shift the responsibility for today’s spending to tomorrow’s taxpayers. But among the most important is their habit of...
December 3, 2019C. Eugene Steuerle
Federal Budget and Economy: TaxVox
The US—with a projected 2018 federal budget deficit of 4 percent of Gross Domestic Product and an economy running at close to full employment-- just...
February 22, 2018Howard Gleckman
Federal Budget and Economy: TaxVox
President Trump, who sees himself as the toughest guy in the room, is, along with his GOP allies in Congress, disarming the federal government’s ability...
February 14, 2018Howard Gleckman
Federal Budget and Economy: TaxVox
Over the past few years, the long-term fiscal situation has improved. With the passage of the American Taxpayer Relief Act of 2012 (in early January,...
March 6, 2014William G. GaleAlan J. Auerbach
Federal Budget and Economy: TaxVox
Washington may be about to do what it does best--kick the can down the road. House Republicans have tentatively agreed on a plan to extend...
October 10, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
I suspect that by early next week, the sequester will be old news. We’ll be on to the next crisis—the impending government shutdown scheduled for...
March 1, 2013Howard Gleckman
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
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
Yesterday, I described President Eisenhower’s remarkable success in turning a large deficit in fiscal 1959 into a balanced budget in 1960. It was one of...
December 18, 2012Rudolph G. Penner
Campaigns, Proposals, and Reforms: TaxVox
We now know more about Joe and Jill Biden’s dating history than we do about what Biden and Barack Obama would do in a second...
September 7, 2012Howard Gleckman