Another day. Another bold and controversial tax reform plan. This is getting very interesting. Today, the privately-funded Bipartisan Policy Center (BPC) released its own far-reaching...
Critics of the deficit reduction plan offered by the co-chairs of President Obama’s fiscal commission have blasted it for being both a tax hike (bad...
Fascinating to read the morning-after criticism of the tax provisions of the Bowles-Simpson deficit reduction plan . Many commentators on both the left and the...
The co-chairs of President Obama’s much-maligned bipartisan fiscal commission have proposed a remarkable plan for both reducing the federal deficit and reforming the tax code...
The other day, I asked a Washington consultant whether his Wall Street clients wanted Congress to cut federal spending by at least $100 billion next...
Three-quarters of Americans believe that entitlement programs such as Medicare and Social Security “will create major economic problems” over the next 25 years. But two-thirds...
Federal revenues rose nearly 3 percent from fiscal year 2009 to FY2010. But virtually the whole increase came from higher corporate income taxes and a...