Latest
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CEA Finds ARRA Continues to Spur Growth and Jobs
The President's Council of Economic Advisers released their third quarterly report yesterday on the economic impacts of the American Recovery and...
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The Need for Fundamental Tax Reform
In our “Countdown to tax day” we have so far covered the pros and cons of a VAT, the limitations of only taxing income over $250,000, extending...
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Ben Bernanke and the Fiscal Outlook
In testimony before the Joint Economic Committee, Federal Reserve Chairman Ben Bernanke once again affirmed his membership in our Announcement Effect...
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Between the ‘Lines’: A Midweek Update
Up-Hill Battle for the Budget – Democratic leaders in Congress are floating the possibility that there will be no budget resolution this year, citing...
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Considering a Value Added Tax
With huge structural deficits looming in the future, many observers feel that the current tax code will not be able to raise enough revenue to balance...
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Public Pension Systems: Avoiding the Hard Choices?
At the Bottom Line we often complain about government officials avoiding hard fiscal choices because of the political difficulty involved. At the...
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Can Only Taxing Income Over $250,000 Pay Off Our Debt?
President Obama has pledged not to raise taxes on individuals who earn under $200,000 a year or on couples earning under $250,000. It seems highly...
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Donald Marron to be new TPC Director
Today, the Tax Policy Center, a joint venture of the Urban Institute and the Brookings Institute, announced that Donald Marron will become the new...
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Let's Establish a Solidarity Fund
In order to help address its debt crisis, the country of Greece has set up a " solidarity account" to which people can donate money to help pay down...
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Turning the Tax Cuts into a Hammer
What to do about those pesky expiring tax cuts? Generally speaking, Republicans want to extend them all; Dems want to extend most of them; and no one...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Wall Street Journal noted the lessons that the United States...