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...
David Walker , a former Government Accountability Office head, thinks it’s a problem that half of Americans don’t pay federal income taxes. At the June...
In Washington, bad ideas never go away. Now two old tax breaks have resurfaced with the ostensible goal of creating jobs, despite plenty of evidence...
A majority of Senate Republicans yesterday took a symbolic but hugely important vote to eliminate $6 billion in tax subsidies for the production of ethanol...
By Bill Gale and Ben Harris In Tuesday’s speech at the University of Chicago, former Minnesota Governor and newly announced presidential candidate Tim Pawlenty took...
Apparently nostalgic for recession, more than 100 House Republicans have proposed to cut federal spending by $550 billion in 2012. The Republican Study Committee (RSC)...
You know the Washington Rule: Liberals will never support spending cuts and conservatives will never back tax increases. Yet, there is one new levy that...
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...
Today, at the request of the Peterson Foundation, an ideologically diverse group of six think tanks proposed their long-term solutions to the federal deficit problem...
