Latest
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Tax Extenders Deal Violates the Budget Act, Adds to Debt
The House approved last night a deficit-increasing one-year tax extenders package. After a correction by the Joint Committee on Taxation, the updated...
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The ABLE Act: A Model for PAYGO
The House passed the ABLE Act yesterday, a bill that helps those who have been disabled since youth accumulate savings. The bill, with an estimated...
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How to Offset the Tax Extenders
Update (12/3): This blog has been updated to reflect a correction the Joint Committee on Taxation made to its estimate of the wind production credit...
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Maya MacGuineas: Tax Break Talks Stall
Maya MacGuineas, President of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
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Budget Busting Deal on Tax Provisions
Congressional negotiators are reportedly nearing a deal to address the year-end tax extenders while adding $500 billion to the debt. By reinstating...
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Finding a Social Security Solution We Can All Agree On
In October, the National Academy for Social Insurance published a study on Americans' preferred solution to making Social Security solvent. CRFB...
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House Bill Would Double the Cost of the Research Credit
Recent press articles report that policymakers are negotiating a deal to accompany a temporary restoration of most of the 55 expired tax extenders...
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Measuring Inflation Right Saves $375 Billion
According to the latest CBO Budget Options report, adopting the chained CPI – an inflation index that most economists believe is a more accurate...
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Alice Rivlin: People who wanted market-driven health care now have it in the Affordable Care Act
Alice Rivlin is a former Director of the Congressional Budget Office and Office of Management and Budget. She has served as a member of the National...
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CBO Releases 2014 Budget Options
With the national debt at record highs and projected to increase, lawmakers need to find ways to reduce the long-term budget deficit. Fortunately, CBO...