Taxes

Earlier today, Senators Judd Gregg (R-NH), and Ron Wyden (D-OR) released what they call A Bipartisan Plan for Tax Fairness. Read the press release...

Rescuing us from the disaster that is the U.S. tax code while reducing the federal debt will require nothing short of a superhuman feat; Senators Ron...

Commission Commencement – President Obama signed Thursday the Executive Order officially creating the National Commission on Fiscal Responsibility and...

If the President's new deficit commission comes up with this idea, you can count on a lot of hilarious lines from Co-Chair Al Simpson.

Commission Coming – The White House says President Obama will create a fiscal commission by executive order within days. Meanwhile, Republicans still...

President Obama released a Fiscal 2011 budget request today that would spend some $3.834 trillion next year and projects a deficit of $1.267 trillion...

We recently invited folks to take the spending challenge and show how they would close the budget gap without raising taxes (or alternatively, take...

President Obama has just proposed a fee on financial firms, stating his commitment “to recover every single dime the American people are owed.” The...

The President may choose to submit a budget in which he extends the Bush tax cuts only temporarily—say for two years, rather than permanently as was...

Earlier this week the Joint Committee on Taxation (JCT), the congressional group that provides cost estimates and tax expertise to Congress, issued...

According to the Associated Press, President Obama has encouraged House leaders to support the Senate's excise tax on high-cost insurance plans. As we...

Today’s New York Times article on the difficulty President Obama faces in keeping his promise about deficit reduction and tax cuts, Promise to Trim...