Golden Moment – The Golden Globe Awards were held over the weekend. Many view the awards as a prelude to the Academy Awards, although the Golden...

Yesterday, Rep. Dennis A. Ross (R-FL) introduced H.R. 243, otherwise cited as the Bowles-Simpson Plan of Lowering America's Debt (BOLD) Act, a bill...

Following the enactment of the American Tax Relief Act a few weeks ago, two top credit rating agencies--Moody's and Standard & Poor's-- announced a...

Yesterday, President Obama suggested we need about $1.5 trillion in deficit reduction on top of what has been enacted so far, a claim which matches a...

CRFB President Maya MacGuineas has an idea for the debt ceiling: instead of gaming out a potential default (which would be disasterous) or using some...

With the Treasury Department undertaking extraordinary measures to avoid a potential default, the Concord Coalition is calling for both raising and...

Yesterday, the Federal Reserve announced in a preliminary estimate that it had made a profit in 2012 and transferred $88.9 billion to the Treasury...

The complexity of our tax code has many advocates making the case for tax reform as we head toward the second round of fiscal negotiations. In a...

Earlier this week, we discussed the recent slowdown of National Health Expenditures (NHE) and how, while promising, it may not last. That means more...

Donald Marron points out, via an old "West Wing" clip, how raising the debt limit used to be seen. Of course, contrast that to now, when we see...

Yesterday, CBO put out a new report on the system for taxing U.S. multinational corporations, a somewhat complex but important topic when it comes to...