The current recession derives from two sources: demand and supply. On the demand side, consumers are purchasing fewer durable goods (e.g., automobiles) and spending much...
The fiscal 2020 budget signed into law December 20 is a big disappointment for tax administration, continuing the over 20 percent inflation-adjusted decline in IRS...
Last week, I testified before the House Ways and Means Subcommittee on Select Revenue Measures on the topic of temporary tax policy. The panel called...
A Tale Of Two Economies: Comparing Trump’s Economic Forecast With CBO’s President Trump’s 2020 budget is based upon an extremely optimistic view of the nation’s...
In its annual budget update, the Congressional Budget Office projected yesterday that under current law the federal deficit is headed for $1 trillion by 2022...