Taxes
Latest
-
‘Line’ Items: Pitching, Polls, and the New Charity of Choice
Making the Pitch – With much of Washington eagerly anticipating the debut of Stephen Strasburg on the mound tomorrow, the return of Congress this week...
-
Follow the Yellow Brick Road
We at CRFB believe in the Wizard of Oz theory of deficit reduction. Passing the right package of spending cuts and tax increases requires a brain – so...
-
House Passes Extensions, But Senate Will Wait Until After Recess
The House today passed a one-year extension of various tax breaks as well as expanded unemployment benefits until November on a 215-204 vote. In a...
-
Up-Hill Drive for Spending Bills, But No Gas in the Tank for Paying for Them
Two massive spending bills that congressional leaders wanted to dispose of before hitting the road for Memorial Day have hit potholes as lawmakers...
-
Spending Cuts Make Good Offsets Too
The extenders bill the House is considering would cost $190 billion between 2010-2020. Only $56 billion of that would be offset. Emergency...
-
Estimates of the Wyden-Gregg Tax Reform Bill
A few months back, we discussed a comprehensive proposal by Senators Ron Wyden (D-OR) and Judd Gregg (R-NH), the Bipartisan Tax Fairness and...
-
Safety Net and Tax Extender Proposals Are Still Not Paid For
CBO and JCT have released updated cost estimates of the most recent version of the American Jobs and Closing Tax Loopholes Act (H.R. 4213), a bill...
-
Papa's Got A Brand New Bill
Over the past few weeks, passage of an "extenders" bill has become the top priority of Congress. The bill, HR 4213, finally seems to have a definitive...
-
‘Line’ Items: Deeming, Dreaming, Votes and Quotes
Little Resolve for Budget Resolution – Leaders in the House have yet to make a final decision on moving forward with a FY2011 budget resolution. But...
-
Bills Bills Bills: Extenders and Supplementals
Next week, House Democrats intend to introduce a package of aid to states, extended unemployement benefits, and tax break extensions. This "must-pass"...
-
Pearlstein Comes Out with His Own Fiscal Plan
Today in the Washington Post, Steven Pearlstein took the " Deficit Challenge", proposing his own plan on how to reduce future deficits through a...
-
‘Line’ Items: Greek Tragedy Edition
From Sophisticated to Sophocles – The untangling of the complex web of financial manipulation and deceit arising from the “hidden debts” controversy...