Latest
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Paying for Any Payroll Tax Cuts
Later this week, Senate majority leader Harry Reid is expected to hold a vote on the two largest components of President Obama’s jobs bill, totaling...
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Sen. Portman to Propose Corporate Tax Reform Early Next Year
At an American Enterprise Institute event yesterday, Sen. Rob Portman (R-OH) announced that he will unveil a plan to reform the corporate tax code in...
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Deja Vu All Over Again: Another Busy December
News flash: Congress has a huge checklist to take care of. Many expiring tax provisions need to be dealt with, along with other temporary policies and...
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Fitch Cuts Outlook on US Credit Rating to Negative
This afternoon Fitch Ratings lowered the outlook on the United States' credit rating from stable to negative. Fitch, considered one of the "big three"...
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‘Line’ Items: Post-Turkey Edition
Stuffed – The Super Committee talked turkey, but in the end produced no meat. All that got placed before us was the warmed-over stuffing of partisan...
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Kudos to Those Who Are Resisting Efforts to Turn Off the Trigger!
We talked yesterday about the importance of keeping the trigger, or the automatic sequester of $1.2 trillion in spending cuts, in place in order to...
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MY VIEW: Rudy Penner November 2011
CRFB board member Rudy Penner recently authored a CNN Money op-ed in which he writes that Congress has delayed the necessary fiscal adjustments for so...
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The Importance of the Sequester
When Congress raised the debt ceiling in last August’s Budget Control Act (BCA), it mandated at least $1.2 trillion in further savings by 2021, from...
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‘Line’ Items: Super Failure Edition
SuperBad – Well, they did it after all. In an amazing feat of utter failure, the so-called Super Committee managed to under-perform the already low...
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Approprations Update: No Drama This Time
After an eleventh-hour deal that included a dramatic showdown in April and a minor standoff in September, it's nice to see a continuing resolution...
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Let's Negotiate Savings Up Instead of Down
As we said earlier this week, the Super Committee needs to be finding ways to negotiate its way up to larger savings, not working to push savings down...