Taxes

Earlier in the week, we highlighted a portion of CBO Director Doug Elmendorf's presentation at Cornell University highlighting the increased resources...

House Republicans plan to vote this week on a jobs package combining bills that would "build a robust economy and foster job creation." While...

Senators Chuck Schumer (D-NY) and Dick Durbin (D-IL) have introduced legislation that would reduce the benefits to companies that choose to "invert,"...

Tax breaks for homeowners are one of the largest categories of tax breaks offered by the federal government. A new report by the Corporation for...

With the economy recovering slower than originally anticipated, the government now expects to collect significantly less revenue this decade than it...

Many policymakers have expressed concern about "tax inversions," transactions where American companies move their headquarters overseas in order to...

Both the Government Accountability Office (GAO) and Senator Tom Coburn's (R-OK) office have released new reports on a tax credit that rewards banks...

As lawmakers fight over whether to extend and expand expired tax breaks or create new ones, the Joint Committee on Taxation (JCT) this week updated...

Budget rules require new policies to be paid for with savings elsewhere in the budget. Policymakers must balance the new policy against the choices...

Around this time of year, the Social Security Trustees usually issue their report on the status of the program over the next 75 years. In advance of...

The House passed legislation today to expand and make permanent the bonus depreciation rules that expired at the end of last year. A key argument for...

The House Ways and Means Committee just published its plan for a short-term fix to the Highway Trust Fund, which needs an additional $8 billion to...