Taxes

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...

Two massive spending bills that congressional leaders wanted to dispose of before hitting the road for Memorial Day have hit potholes as lawmakers...

The extenders bill the House is considering would cost $190 billion between 2010-2020. Only $56 billion of that would be offset. Emergency...

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...

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...

Heavy Congressional Workload Before Break – Congress has a busy week ahead before it leaves town for next week’s Memorial Day recess. Lawmakers want...

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...

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...

Next week, House Democrats intend to introduce a package of aid to states, extended unemployement benefits, and tax break extensions. This "must-pass"...

Today in the Washington Post, Steven Pearlstein took the " Deficit Challenge", proposing his own plan on how to reduce future deficits through a...

From Sophisticated to Sophocles – The untangling of the complex web of financial manipulation and deceit arising from the “hidden debts” controversy...